8/25 Ridley StreetAlbion VIC 3020
Property Details for 8/25 Ridley St, Albion
8/25 Ridley St, Albion is a 2 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 1285m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in April 2021.
Last Listing description (May 2021)
Offering an excellent opportunity on the fringe of Sunshine's CBD, this renovated low maintenance apartment is poised for excellent future growth.
Set on the first floor, this apartment is ideally suited to the astute investor or first home buyer looking for a low a maintenance lifestyle.
Comprising: 2 generous bedrooms with built in robes, spacious lounge room, kitchen with meals area, central bathroom with laundry facilities.
Only minutes to Sunshine Shopping Plaza, Cinema Complex, Sunshine & Albion train stations and bus service.
Property History for 8/25 Ridley St, Albion, VIC 3020
- 25 Apr 2021Sold for $273,000
- 30 Mar 2021Listed for Sale $255,000 - $280,000
- 21 Dec 2020Listed for Rent $275 / 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 2,686 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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