8 Sydney Street, Albion, VIC 3020 | Property Value & History | OnTheHouse
OFF MARKET

8 Sydney Street
Albion VIC 3020

Bedrooms: 14
Bathrooms: 7
Car spaces: 7
Land area: 834m2
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Property Details for 8 Sydney St, Albion

8 Sydney St, Albion is a 14 bedroom, 7 bathroom Unit with 7 parking spaces. The property has a land size of 834m2. While the property is not currently for sale or for rent, it was last sold in October 2019.

Building Type
Unit
Land Size
834m2
Local Government
Brimbank
Lot/Plan
83/LP5368

Last Listing description (February 2026)

Under Instructions from the Liquidator - Property must be sold at auction. No offers prior! Please note this property has major structural issues and an engineer's report can be found in contract of saleRarely does opportunity present itself with such compelling clarity. Seven 2-bedroom apartments across twin complexes on 834sqm, completely vacant and ready for your vision - this is investment excellence in its purest form.These thoughtfully designed residences, each featuring generous proportions, dedicated bathroom facilities and secure off-street parking. The numbers tell their own story: potential for $130,000 rental annual returns, with scope to substantially enhance yields through strategic improvements.Location amplifies opportunity. Albion Station beckons within walking distance while Sunshine's bustling CBD sits moments away in Melbourne's dynamic western growth corridor. Tree-lined streets lead to vibrant cafes, established parks and seamless freeway access - the foundations of enduring rental appeal that historically delivered exceptional occupancy rates.The liquidator's instruction creates urgency, but also unprecedented access to a complete investment portfolio. Purchase as one strategic acquisition, explore subdivision possibilities, or reimagine the entire offering. Each pathway promises reward in this tightly-held precinct where vacancy was never a concern and tenant demand consistently strong.Two buildings, seven apartments, 14 bedrooms, 7 bathrooms, 7 car spaces, infinite possibilities - all awaiting the investor astute enough to recognise that opportunities of this scale and potential seldom emerge in today's competitive market.

Property History for 8 Sydney St, Albion, VIC 3020

A timeline of how this property has performed in the market
Last Sold
$1,625,000
22 Oct 2019
  • 02 Sep 2025
    Listed for Sale $1,200,000 - $1,300,000
  • 22 Oct 2019
    Sold for $1,625,000
  • 19 Sep 2019
    Listed for Sale Not Disclosed
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About 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.
There are currently 10 properties listed for sale, and 7 properties listed for rent in Albion on OnTheHouse. According to Cotality's data, 145 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.