584 Ballarat Road, Albion, VIC 3020 | Property Value & History | OnTheHouse
OFF MARKET

584 Ballarat Road
Albion VIC 3020

Bedrooms: -
Bathrooms: -
Car spaces: 15
Floor area: 290m2
Land area: 1759m2
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Property Details for 584 Ballarat Rd, Albion

Building Type
Commercial
Floor Size
290m2
Land Size
1759m2
Local Government
Brimbank
Lot/Plan
17/LP74456

Last Listing description (April 2023)

CBRE is please to present 584 Ballarat Road, Albion to the market for lease.

The property is situated only 1km from the Western Ring Road entrance and offers excellent exposure on Ballarat road.


Take advantage of being surrounded by neighbours like John Deere, Dulux and Europcar and more.

Key property highlights include:
+ Total floor area: 1193sqm*
+ Office area: 398sqm*
+ Warehouse area: 795sqm*
+ Construction completion due before Christmas
+ High clearance warehouse
+ Rear yard
+ Secure gated yard with remote access
+ Flexible Industrial 1 Zone
+ 15 designated car spaces
+ Large showroom
+ Office over two levels with split system
+ Kitchenette
+ Bathroom with shower

Contact the exclusively listed CBRE agents for further information or to arrange an inspection.

*approx.

Property History for 584 Ballarat Rd, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$285,000
16 Dec 1992
Listed for Rent
01 Aug 2022
  • 29 Oct 2021
    Listed for Rent - Price not available
  • 31 Jul 2013
    Listed for Rent - Price not available
  • 19 Apr 2013
    Listed for Rent - Price not available
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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 12 properties listed for sale, and 9 properties listed for rent in Albion on OnTheHouse. According to Cotality's data, 142 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.