18/5 King Edward AvenueAlbion VIC 3020
Property Details for 18/5 King Edward Ave, Albion
18/5 King Edward Ave, Albion is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1982m2 and floor size of 66m2. While the property is not currently for sale or for rent, it was last sold in November 2022.
Last Listing description (December 2022)
Located in the heart of Albion, this 2 bedroom apartment is a prime opportunity for investors or first home buyers to secure a well-kept home in a fantastic location which is only going up in value with future infrastructure.
Walking distance to Albion and Sunshine stations, both of which are in line for updates with the incoming airport rail link along with additional eateries and boutique stores.
Local parks and walking tracks including Selwyn Park, Kororoit creek, and Barclay reserve across the street.
A large open living area is flanked by a well-equipped kitchen with ample storage & dining space and walk
out balcony.
2 generous bedrooms are serviced by a central bathroom with laundry space and separate toilet.
An onsite undercover car space completes the package.
Currently tenanted until February 2023 with a $1065 pcm rental return this is an ideal addition to your portfolio.
Contact Ivan Juricevich for more info and to secure your next purchase now.
INSPECTION VIA APPOINTMENT ONLY - CONTACT IVAN JURICEVICH.
Property History for 18/5 King Edward Ave, Albion, VIC 3020
- 28 Nov 2022Sold for $228,000
- 15 Jul 2022Listed for Sale $230,000 - $250,000
- 16 Mar 2021Listed for Rent $240 / week
Recent sales nearby
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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 2,753 properties. Over the last 5 years, Houses in Albion have seen a 13.73% increase in median value, while Units have seen a 2.35% increase. As at 28 February 2026:
- The median value for Houses in Albion is $786,564 while the median value for Units is $428,398.
- Houses have a median rent of $500 while Units have a median rent of $390.
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