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Sold on 23 Jan 2024 for $200,000

9/2-4 The Gables
Albion VIC 3020

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 9/2-4 The Gables, Albion

9/2-4 The Gables, Albion is a 1 bedroom, 1 bathroom Apartment with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 1 bedroom Apartment sold in Albion in the last 12 months.

Building Type
Apartment
Local Government
Brimbank
Lot/Plan
62/SP28344

Last Listing description (January 2024)

Often sought but rarely found. This is a superb opportunity to secure a ground floor one bedroom, one bathroom apartment only moments to Albion Station.

Featuring a fresh kitchen, split system heating and cooling and parking.

** Leased for $1,086 per month until September 2024. **

Perfectly located within walking distance to schools, public transport, Sunshine Shopping Precinct, Albion Train Station local shopping strips and parks.

DOUGLAS KAY REAL ESTATE
280 HAMPSHIRE ROAD
SUNSHINE VIC 3020

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Property History for 9/2-4 The Gables, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$200,000
23 Jan 2024
Listed for Rent
$240/w
23 Dec 2021
  • 13 Nov 2024
    Listed for Sale $230,000 - $250,000
  • 16 Jan 2024
    Sold for $200,000
  • 01 Dec 2023
    Listed for Sale $200,000
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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.
There are currently 26 properties listed for sale, and 9 properties listed for rent in Albion on OnTheHouse. According to CoreLogic's data, 92 properties were sold in the past 12 months in Albion.

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Amin Chebib
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Peter Kay
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Douglas Kay Real Estate
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