8/5 King Edward Avenue, Albion, VIC 3020 sold on 27 February 2026 | OnTheHouse
SOLD
Sold on 27 Feb 2026 for $280,000

8/5 King Edward Avenue
Albion VIC 3020

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Land area: 1982m2
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Property Details for 8/5 King Edward Ave, Albion

8/5 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 61m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Unit sold in Albion in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
61m2
Land Size
1982m2
Local Government
Brimbank
Lot/Plan
31/RP2905

Last Listing description (April 2026)

Positioned in a well-maintained building, this neat and functional 2-bedroom, 1-bathroom apartment at 8/5 King Edward Avenue, Albion offers an outstanding opportunity for first-home buyers, investors, or downsizers seeking convenience and future growth.

The apartment features two well-proportioned bedrooms, a central bathroom, and a good-sized kitchen with ample storage and bench space, flowing into a comfortable living area ideal for everyday living. The layout is practical, low-maintenance, and easy to rent or live in.

Located in one of Melbourne's fast-improving inner-west suburbs, Albion continues to benefit from major surrounding infrastructure and urban renewal. Ongoing developments in and around Albion and Sunshine, including transport upgrades, new commercial hubs, and public investment, are strengthening demand and adding long-term value to the area.

Enjoy the lifestyle advantage of being close to the CBD, Sunshine's major shopping, dining and employment precinct, public transport, schools, and everyday amenities-all within easy reach.

Whether you're looking to enter the market, secure a solid investment, or buy into a suburb with clear growth momentum, this is a property that makes sense today and into the future.

Now is the time to buy and secure your place close to the city and everything Albion has to offer.

Property History for 8/5 King Edward Ave, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$280,000
27 Feb 2026
Listed for Rent
$340/w
13 Sep 2023
  • 27 Feb 2026
    Sold for $280,000
  • 21 Jan 2026
    Listed for Sale $280,000 - $300,000
  • 04 Sep 2023
    Listed for Rent $340 / 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 2,751 properties. Over the last 5 years, Houses in Albion have seen a 11.46% increase in median value, while Units have seen a 11.15% increase. As at 30 April 2026:

  • The median value for Houses in Albion is $806,080 while the median value for Units is $417,282.
  • Houses have a median rent of $510 while Units have a median rent of $390.
There are currently 10 properties listed for sale, and 7 properties listed for rent in Albion on OnTheHouse. According to Cotality's data, 154 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.