2/44 Norwood Street

Albion VIC 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 2,731 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.