OFF MARKET

8/16 Forrest Street
Albion VIC 3020

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 63m2
Land area: 1060m2
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Property Details for 8/16 Forrest St, Albion

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.

Building Type
Unit
Year Built
1960
Floor Size
63m2
Land Size
1060m2
Local Government
Brimbank
Lot/Plan
8/SP25811

Last Listing description (July 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.

Just minutes to Albion and Sunshine train station (zone 1)
Sunshine shopping centre, schools, shops and easy access to CBD.
An opportunity not to be missed!
Call now to arrange for an inspection.
Detail please contact : Susan Hoo 0421 773 399
Nam 0450 061169

Property History for 8/16 Forrest St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$238,000
20 Jun 2014
Listed for Rent
$150/w
25 Oct 2016
  • 04 Oct 2016
    Listed for Rent - Price not available
  • 20 Jun 2014
    Sold for $238,000
  • 28 Apr 2014
    Listed for Sale Not Disclosed
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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 2,682 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.
There are currently 26 properties listed for sale, and 9 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 90 properties were sold in the past 12 months in Albion.

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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.