569 Ballarat RoadAlbion VIC 3020
Property Details for 569 Ballarat Rd, Albion
569 Ballarat Rd, Albion is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 2000. The property has a land size of 696m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in May 2025.
Last Listing description (April 2026)
Attention developers, renovators, land bankers, and investors!Seize the opportunity to transform this sizable corner 696m (approx.) allotment in a residential growth zone with an older-style home in need of renovation situated in one of Albion's most desirable pockets. With a 15 metre frontage to the fly-road facing Ballarat Road and 45 metres facing Brisbane Street giving a total of 60 metres (approx.) street frontage this property offers several opportunities - demolish and redevelop (build 4 or 5 townhouses, renovate the existing residence and build at the rear) subject to council approval.This property is currently leased and comprises 3 (or 4) bedrooms, living room, functional kitchen, central bathroom, laundry and separate toilet. A large covered front porch, a rear 9m x 5m covered pergola, and a separate garage or storage shed completes this property.The allotment is strategic located just a 700-meter stroll to Albion Train Station, a short stroll to Perth St caf and local shopping strip, Selwyn Park, Sunshine City Club, and Albion Primary School, making this property an exceptional candidate for redevelopment (multi-unit STCA), offering significant appeal to investors and developers. Alternatively, renovate and extend to enhance the existing footprint and capitalize on the area's growth potential. For further details, contact Brenda Ngan at 0435 152 545
Property History for 569 Ballarat Rd, Albion, VIC 3020
- 09 Apr 2026Listed for Sale $650,000 - $680,000
- 03 May 2025Sold for $930,000
- 19 Mar 2025Listed for Sale $650,000 - $680,000
Recent sales nearby
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0About Albion 3020
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:
- The median value for Houses in Albion is $795,699 while the median value for Units is $411,602.
- Houses have a median rent of $510 while Units have a median rent of $400.
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