5/2 Forrest Street, Albion, VIC 3020 | Property Value & History | OnTheHouse
 
OFF MARKET

5/2 Forrest Street
Albion VIC 3020

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 67m2
Land area: 1053m2
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Property Details for 5/2 Forrest St, Albion

5/2 Forrest St, Albion is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1053m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
Unit
Year Built
1970
Floor Size
67m2
Land Size
1053m2
Local Government
Brimbank
Lot/Plan
5/RP68

Last Listing description (August 2024)

Discover the perfect blend of convenience and comfort with this fantastic two-bedroom apartment, ideally suited for first homebuyers, investors, and downsizers alike. Located just 15km from Melbourne's CBD, this property offers low-maintenance living in a highly sought-after area.

The apartment features two generously sized bedrooms with built-in robes, ensuring ample storage. The spacious, light-filled lounge room provides a welcoming atmosphere, while the adjacent kitchen and meals area offer a practical and enjoyable cooking experience. The bathroom includes convenient laundry facilities, and the apartment is complemented by an allocated car space.

Enjoy year-round comfort with split system cooling and heating, keeping you cozy in winter and cool in summer. The private balcony, facing south, overlooks the street and provides a peaceful retreat for relaxation or entertaining guests.

Situated within walking distance to Chaplin Reserve, you'll have easy access to outdoor green spaces. Additionally, Sunshine Shopping Plaza, Cinema Complex, and Sunshine & Albion train stations are just minutes away, ensuring all your shopping, entertainment, and transportation needs are easily met.

This apartment offers an exceptional opportunity for those seeking a low-maintenance lifestyle in a prime location. Don't miss out on this chance to secure a charming home or investment in a convenient and vibrant community.

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Property History for 5/2 Forrest St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$295,000
16 Aug 2024
Listed for Rent
$260/w
24 Oct 2020
  • 16 Aug 2024
    Sold for $295,000
  • 22 Jul 2024
    Listed for Sale $290,000 - $315,000
  • 07 Jun 2024
    Listed for Rent $350 / 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 2,725 properties. Over the last 5 years, Houses in Albion have seen a 21.28% increase in median value, while Units have seen a 4.17% increase. As at 31 October 2025:

  • The median value for Houses in Albion is $786,463 while the median value for Units is $389,043.
  • Houses have a median rent of $480 while Units have a median rent of $390.
There are currently 12 properties listed for sale, and 3 properties listed for rent in Albion on OnTheHouse. According to Cotality's data, 145 properties were sold in the past 12 months in Albion.

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© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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