21/5 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 59m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Situated in the vibrant heart of Albion, this tastefully updated top-floor apartment offers an ideal canvas for creating new memories, whether you're seeking a new place to call home or aiming for a strong rental return as an astute investor. The apartment features a modernized kitchen with ample counter space and storage, complemented by electric cooking facilities and a dining area. The generously-sized lounge area is flooded with natural light and opens up to a city facing balcony, providing a perfect retreat to unwind in the evenings.
The well-maintained bathroom incorporates laundry facilities and a separate WC, serving two bedrooms, with the main bedroom boasting a spacious built-in wardrobe. In addition to the apartment, there is an on-title undercover car space for added convenience.
Benefiting from its proximity to Albion's local amenities, including Barclay Reserve, King Edward Reserve, Selwyn Park, and the Perth Avenue cafe precinct, as well as Albion, Ardeer, and Sunshine train stations, all within walking distance. Easy access to Sunshine Hospital, Sunshine Central shopping district, and the CBD, just a short 13 kilometers away, further enhances the appeal of this opportunity. Don't miss out on this perfect chance - reach out to Ivan Juricevich for your private tour and additional information.
The size of Albion is approximately 2.5 square kilometres. There are 8 parks, covering nearly 23.6% of the 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 2,742 properties. Over the last 5 years, Houses in Albion have seen a 4.85% increase in median value, while Units have seen a 6.90% increase. As at 31 May 2026:
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