OFF MARKET

8 Sydney Street
Albion VIC 3020

Bedrooms: 14
Bathrooms: 7
Car spaces: 7
Land area: 834m2
Improve this data
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 16 Dec 2024
Low
High
Share
Save

Property Details for 8 Sydney St, Albion

8 Sydney St, Albion is a 14 bedroom, 7 bathroom Unit with 7 parking spaces. The property has a land size of 834m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Land Size
834m2
Local Government
Brimbank
Lot/Plan
83/LP5368

Last Listing description (November 2019)

A massive investment opportunity exists to enjoy blue-chip returns on a block of seven apartments all on one title, ideally located in a sort after street in Albion. Investors looking to acquire property in a high growth location and immediately bring in a rental income of $82,906pa with exciting future options to renovate, enhance or redevelop (STCA).
All seven light filled apartments are generously proportioned and neatly presented, each with separate kitchen, spacious living room, central bathroom and 2 good sized bedrooms with built in robes. Also featuring off street parking with 4 carports and 3 car spaces. The location is prime and an easy walk to Albion and Sunshine train stations, shops, schools and parks. Dont miss this unique opportunity.

Property History for 8 Sydney St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$1,625,000
22 Oct 2019
  • 22 Oct 2019
    Sold for $1,625,000
  • 19 Sep 2019
    Listed for Sale Not Disclosed
  • 20 Aug 2018
    Listed for Rent $250 / week
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 2,685 properties. Over the last 5 years, Houses in Albion have seen a 2.23% increase in median value, while Units have seen a 12.14% increase. As at 30 November 2024:

  • The median value for Houses in Albion is $680,285 while the median value for Units is $405,725.
  • Houses have a median rent of $480 while Units have a median rent of $370.
There are currently 18 properties listed for sale, and 15 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Albion.

Albion Profile Page

Suburb Insights for Albion 3020

Visit Albion profile page
Market Insights
Albion Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Albion Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Albion profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED