7/3 Drummartin St, Albion is a 1 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 836m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
This impressive apartment presents a desirable option for a buyer keen to move right in, scale-down or add to their investment portfolio.
Step inside and be greeted by the light filled separate formal lounge, with adjoining meals area and updated kitchen with stainless steel appliances including gas cooktop and electric oven. This apartment comprises of a sizable bedroom with built in robes, which is serviced by a bathroom with bath/shower and separate laundry.
Fantastic rental yield, previously rented out at $270 per week.
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 2,681 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:
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