1/56 Derrimut StreetAlbion VIC 3020
Property Details for 1/56 Derrimut St, Albion
1/56 Derrimut St, Albion is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 288m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in August 2024.
Last Listing description (December 2024)
Discover a tranquil sanctuary in the charming enclave of Albion. This single-level home is ideally located just moments from iconic shops, cafes, esteemed primary schools, early education facilities, Albion Train Station, and the ever-popular Selwyn Park. Perfect for first-time homeowners, downsizers, and everyone in between, this cosy residence offers warmth and endless possibilities.
The home features two spacious bedrooms with built-in robes, an updated open-plan kitchen, meals, and living area, and an inviting undercover outdoor space perfect for entertaining. Beautiful original timber flooring adds character throughout, while the central bathroom with laundry facilities ensures convenience. With the added charm of a wood fire heater & split system cooling this Albion gem is a delightful retreat for any discerning buyer.
Property History for 1/56 Derrimut St, Albion, VIC 3020
- 21 Aug 2024Sold for $615,000
- 01 Aug 2024Listed for Sale Under Offer
- 28 Oct 2017Sold for $480,000
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0About 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 2016 was 4731 people. By 2021 the population was 4334 showing a population decline of 8.4% in the area during that time. The predominant age group in Albion is 30-39 years. Households in Albion are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albion work in a professional occupation.In 2021, 50.80% of the homes in Albion were owner-occupied compared with 48.50% in 2016.
Albion has 2,730 properties. Over the last 5 years, Houses in Albion have seen a 16.61% increase in median value, while Units have seen a 1.73% increase. As at 31 December 2025:
- The median value for Houses in Albion is $786,162 while the median value for Units is $404,872.
- Houses have a median rent of $483 while Units have a median rent of $380.
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