8/16 Forrest St, Albion is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 1060m2 and floor size of 63m2. While the property is not currently for sale or for rent, it was last sold in June 2014.
Affordable gem
This well maintained ground floor apartment is ideal for the first home buyer or investor.
Comprising of two good sized bedrooms with built-in robes, central bathroom with laundry space, kitchen/meal area, light filled living,roller shutters and a car space on title.
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:
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