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Investment Property Albion, VIC, 3020

Suburb Snapshot

Albion is a suburb in the Brimbank Region of Victoria. Albion has a population of 4,733 people and 38.63% of its occupants live in rental accommodation. The median listing price for houses is $694,500 and this has changed 5.22% over the past year and changed 0.65% over 2 years.

The median rent in Albion for houses is $460 per week and the median rental yield is 3.44%. Stock on the market for houses/townhouses has changed -28.57% compared to last year and the average time to sell a house/townhouse is 100 days.The median listing price for units is $280,000 and this has changed 12.00% over the past year. The average unit takes 144 days to sell and the median rent for a unit in Albion is $350 per week, producing a rental yield of 6.50%.

Supply & Demand in Albion, Brimbank

1.14%

Current vacancy rate


27

Rental stock available


4,733

Population


38.63%

Rental population


0.69%

Current vacancy rate


530

Rental stock available


194,317

Population


23.53%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Albion, Brimbank

  House Townhouses Units
Median listing price $694,500 $640,000 $280,000
Median price change - last quarter 2.98% -1.62% 0.00%
Median price change - 1 year 5.22% 26.10% 12.00%
Median price change - 2 years 0.65% 20.75% -1.76%
  House Townhouses Units
Median weekly rent $460 $500 $350
Median yield % 3.44% 4.06% 6.50%
Median rent change - 1 year 2.22% 21.95% 12.90%
  House Units
Previous month sales 5 3
Stock on market previous month 20 15
Stock variance vs. last year -28.57% 25.00%
Average days on market 100 144

Albion investment property listings

Showing 5 of 57 investment properties found in Albion on realestateinvestar.com.au

5/121 Anderson Rd, Albion

$220,000

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Positioned for Lifestyle and Convenience

Perfectly placed in a sought after Albion pocket, this ground floor apartment presents an outstanding opportunity for first home buyers and investors alike. Quietly positioned while enjoying exceptional convenience, the home is just moments from Sunshine Shopping Plaza, cinemas, train station, ...

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Unit

VIC 3020


2/129 Anderson Rd, Albion

$330,000

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NEST OR INVEST

Perfectly positioned in the heart of Albion, this well-maintained 2 bedroom, 1 bathroom unit presents an exceptional opportunity for first home buyers, downsizers and investors seeking comfort, convenience and strong future potential. Offering a practical floorplan with low-maintenance appeal, ...

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Unit

VIC 3020


2/6 York St, Albion

$600,000

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Modern 2 Bedroom Townhouse in Albion

Welcome to your new home in Albion! Discover your perfect home with this delightful 2-bedroom townhouse offers comfort, convenience, and style located in a prime Albion location. Features: 2 Bedrooms: Spacious bedrooms with ample natural light, perfect for relaxation and rest. Central Bathroom: ...

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Townhouse

VIC 3020


G00/133 Anderson Rd, Albion

$460,000

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NEW GROUND FLOOR LUXURY LIVING - POTENTIAL SMALL OFFICE OPPORTUN

ONLY 1 LEFT !!! Here's your chance to secure a stylish, architecturally designed boutique apartment in one of Albion's most desirable and rapidly growing residential pockets-just 400 metres from the vibrant heart of Sunshine with its buzzing shopping, café, and restaurant precinct. Ideal for ...

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Unit

VIC 3020


2/44 Norwood St, Albion

$550,000

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Modern Comfort in a Prime Location!!

Positioned in a quiet street, this beautifully presented residence offers a perfect combination of comfort, convenience, and low-maintenance living. Property Features: • Spacious open-plan living and dining area filled with natural light • Well-appointed kitchen with ample storage ...

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House

VIC 3020


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