8/3 King Edward AvenueAlbion VIC 3020
Property Details for 8/3 King Edward Ave, Albion
8/3 King Edward Ave, Albion is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 130m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (October 2023)
With house-like proportions, this huge two-bedroom unit offers the ultimate for first homeowners, professionals, downsizers and investors seeking an opportunity abundant in lifestyle benefits.
Comprising: 2 spacious bedrooms with built-in robes, a large formal lounge room, kitchen and meals overlook the private courtyard, central bathroom, separate laundry and a lock-up brick garage.
Book an inspection today to secure this fantastic Albion opportunity.
Property History for 8/3 King Edward Ave, Albion, VIC 3020
- 11 Jul 2023Sold for $370,000
- 24 Mar 2023Listed for Sale $370,000 - $385,000
- 21 Mar 2018Listed for Rent $290 / 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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