9/52a Forrest St, Albion is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 1115m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
Goldbank group is proud to present another great opportunity. A fully renovated top floored, two-bedroom apartment with balcony and view. ONLY Approx. 14km away from Melbourne CBD, providing you with capital growth potential and within close proximity to Sunshine & Albion Train Stations, bus services, local schools & Victoria University Sunshine Campus.
Highlights
Stylish Kitchen compromising of electric hot pan, oven, rangehood, double sink and dishwasher
Fully Renovated interiors, including new floor boards, fresh paint, and floor to ceiling tiles in the bathroom
2 spacious bedrooms with BIR
Private balcony from the rear spacious bedroom
Designated covered parking space
Laundry facilities
Ideal for first home owner, downsizers, and investors
Bonus
Immaculate city views
Infilled with natural lighting
Fees
Owner Corporation: Approx. $1600 per annum
Investors
Potential rental return of approx. $270pw / $1170 pcm
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 2,681 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:
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