565 Ballarat RoadAlbion VIC 3020
Property Details for 565 Ballarat Rd, Albion
565 Ballarat Rd, Albion is a 3 bedroom, 1 bathroom House with 5 parking spaces and was built in 1960. The property has a land size of 696m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in August 2001.
Last Listing description (March 2018)
The property has a permit for 10 rooming house. There is a massive bungalow at the rear of the property that can be easily converted to be used as a rooming house with 5 rooms plus kitchen and bathroom and toilet. Main Home: -Tiled kitchen, bathroom and laundry -Solar panels on roof -5 car open space. Bungalow: can be renovated to with 5 rooms available for shared accomodation -Fully powered -5 Bedrooms with individual locks -Tiled kitchen and bathroom. Near Me: -Next door to service station -Across from bus stop -Service road for extra street parking -Short walk to local primary school -Short drive to local train station Zoned RGZ meaning you can build medical centres, restuarants, shops etc. Or if you want o go all out, you can knock the front house down and build a medical centre or business down stairs and accomodation upstairs. Get in quick, this property will sell.
Property History for 565 Ballarat Rd, Albion, VIC 3020
- 15 Mar 2018Listed for Sale POA
- 07 Oct 2017Listed for Sale $1,600,000
- 17 Aug 2001Sold for $186,000
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0About Albion 3020
The size of Albion is approximately 2.5 square kilometres. It has 8 parks covering nearly 23.6% of total area. The population of Albion in 2011 was 4,336 people. By 2016 the population was 4,741 showing a population growth of 9.3% in the area during that time. The predominant age group in Albion is 30-39 years. Households in Albion are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Albion work in a labourer occupation. In 2011, 49.4% of the homes in Albion were owner-occupied compared with 48.5% in 2016.
Albion has 2,682 properties. Over the last 5 years, Houses in Albion have seen a 4.39% increase in median value, while Units have seen a -10.38% decrease. As at 31 October 2024:
- The median value for Houses in Albion is $687,616 while the median value for Units is $378,143.
- Houses have a median rent of $475 while Units have a median rent of $360.
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