2/4 Westgate Avenue, Albion, VIC 3020 | Property Value & History | OnTheHouse
OFF MARKET

2/4 Westgate Avenue
Albion VIC 3020

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 585m2
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Property Details for 2/4 Westgate Ave, Albion

2/4 Westgate Ave, Albion is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1950. The property has a land size of 585m2.

Building Type
Unit
Year Built
1950
Land Size
585m2
Local Government
Brimbank

Last Listing description (May 2017)

SITUATED IN A GREAT LOCATION AND PACKED WITH POTENTIAL, OFFERING 2 SEPARATE FULLY SELF-CONTAINED RESIDENCES EACH WITH THEIR OWN ENTRANCES. INDIVIDUALLY METERED FOR GAS AND ELECTRICITY, THIS UNIQUE PROPERTY OFFERS THE ASTUTE BUYER MULTIPLE OPTIONS. OCCUPY THE PREMISES AS ONE, LIVE IN ONE AND RENT OUT THE OTHER OR RENT OUT BOTH AND EARN A DUAL INCOME. COMBINED THE PROPERTIES ARE CURRENTLY LEASED AND RETURNING $520 PER WEEK ($27,040 PA). WITH POTENTIAL TO STRATA TITLE THEM INDIVIDUALLY (STCA) AND REAP THE REWARDS. UNIT 1 COMPRISES:3 BEDROOMS, FUNCTIONAL UPDATED L KITCHEN, HUGE FORMAL LIVING, CENTRAL BATHROOM, SEPARATE LAUNDRY AND PRIVATE DECKED COURTYARD.UNIT 2 COMPRISES:1 LARGE BEDROOM, FORMAL LOUNGE, KITCHEN WITH LAUNDRY FACILITIES, CENTRAL BATHROOM AND LARGE PRIVATE COURTYARD.FEATURES: AMPLE OFF STREET PARKING, GAS APPLIANCES, POLISHED FLOORBOARDS AND ALL SET ON A GENEROUS ALLOTMENT OF 585SQM WITH GREAT POTENTIAL FOR FUTURE DEVELOPMENT STCA.

Property History for 2/4 Westgate Ave, Albion, VIC 3020

A timeline of how this property has performed in the market
Listed for Rent
$210/w
09 Sep 2015
  • 18 May 2017
    Listed for Sale Not Disclosed
  • 26 Aug 2015
    Listed for Rent $210 / week
  • 20 Sep 2014
    Listed for Rent $210 / week
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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 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 13.72% increase in median value, while Units have seen a 2.64% increase. As at 31 March 2026:

  • The median value for Houses in Albion is $807,026 while the median value for Units is $429,169.
  • Houses have a median rent of $505 while Units have a median rent of $393.
There are currently 11 properties listed for sale, and 9 properties listed for rent in Albion on OnTheHouse. According to Cotality's data, 152 properties were sold in the past 12 months in Albion.

Suburb Insights for Albion 3020

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.