59 Derrimut Street, Albion, VIC 3020 sold on 28 March 2025 | OnTheHouse
SOLD
Sold on 28 Mar 2025 for $850,000

59 Derrimut Street
Albion VIC 3020

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Property Details for 59 Derrimut St, Albion

59 Derrimut St, Albion is a 3 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 3 bedroom House sold in Albion in the last 12 months.

Building Type
House

Last Listing description (March 2025)

Seeing is believing! This charming period Californian Bungalow, in original condition, is set to capture the market as the most desirable property this side of the city. With flexible General Residential Zoning (GRZ) and no heritage restrictions, this is an exceptional opportunity for home renovators, investors, or developers alike.

Featuring three generous bedrooms, a formal lounge, a formal dining room, a well-functioning kitchen, a central bathroom with a toilet, a laundry, a huge sunroom/family room with an additional bathroom and a separate second toilet, plus ample parking with a four-car garage, currently converted into one bed studio.

Situated in a thriving and convenient location, enjoy an easy walk to Albion Station, Selwyn Park, Perth Avenue shops, Sunshine CBD, and top local schools. With Sunshine's growth surging, this is a rare opportunity to secure a blue-chip property.

Land Size: 942m² (approx.)
Californian Bungalow – Original Condition with original features throughout
Zoning: General Residential (No Heritage)
Walk to Albion Station, Local Shops and Parks & Sunshine CBD
Development Potential: 4 - 5 Townhouses (STCA)

A Landmark Opportunity in a Prime Location!

Property History for 59 Derrimut St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$850,000
28 Mar 2025
  • 21 Mar 2025
    Sold for $850,000
  • 11 Feb 2025
    Listed for Sale $850,000 - $880,000
  • 05 Mar 2002
    Transferred
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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 19.47% increase in median value, while Units have seen a 1.83% increase. As at 30 November 2025:

  • The median value for Houses in Albion is $794,490 while the median value for Units is $393,244.
  • Houses have a median rent of $480 while Units have a median rent of $380.
There are currently 12 properties listed for sale, and 3 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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Adrian Kay
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Douglas Kay Real Estate
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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.