OFF MARKET

7/3 Drummartin Street
Albion VIC 3020

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 50m2
Land area: 836m2
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Last updated 11 Nov 2024
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Property Details for 7/3 Drummartin St, Albion

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.

Building Type
Unit
Year Built
1980
Floor Size
50m2
Land Size
836m2
Local Government
Brimbank
Lot/Plan
11/SP33579

Last Listing description (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.


Located in a prized position, a short walk from either Sunshine or Albion train stations, Central Sunshine Shopping/ business district, bus services, local schools, Perth avenue shops and Selwyn Park highlight this blue-chip property.

Fantastic rental yield, previously rented out at $270 per week.

Property History for 7/3 Drummartin St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$240,000
03 Jun 2022
Listed for Rent
$230/w
11 Mar 2015
  • 03 Jun 2022
    Sold for $240,000
  • 28 Apr 2022
    Listed for Sale Under offer.
  • 05 Feb 2015
    Listed for Rent $230 / week
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About 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 2,681 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:

  • 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.
There are currently 26 properties listed for sale, and 9 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Albion.

Suburb Insights for Albion 3020

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.