31 King Edward AvenueAlbion VIC 3020
Property Details for Lot 1-12/31 King Edward Ave, Albion
Last Listing description (August 2018)
12 strata titled 2-bedroom units positioned in one of Albions best pockets. Walking distance to public transport and wedged between the parklands of Kind Edward and Barclay Reserve these units offer your tenants safe and secure living, convenience and lifestyle with off street parking. Albion is a growth hotspot, a stunning little suburb with all the old-world charms of the west and only 13Km from the CBD. Serviced by rail and bus routes this area is set to explode as new inductees discover its hidden treasures. Finding an investment such as this so close to the CBD is a rare and undervalued opportunity. With medium rents exceeding $15,000PA your ROI is assured and coupled with capital growth, this collective of units is one for the smartest of investors who value low risk stock, high returns and satisfied long term tenants. The quality of the units allows investors to earn immediately without the need for extensive upgrades and additional infrastructure expenditure. This property is suitable for seasoned investors or those new to the market looking to establish their portfolio at a quality entry point. Call our advisor today; interest is high and it wont be available for long.
Property History for Lot 1-12/31 King Edward Ave, Albion, VIC 3020
- 08 Mar 2018Listed for Sale Not Disclosed
Recent sales nearby
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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 2,768 properties. Over the last 5 years, Houses in Albion have seen a 2.04% increase in median value, while Units have seen a 7.87% increase. As at 31 July 2026:
- The median value for Houses in Albion is $784,476 while the median value for Units is $408,297.
- Houses have a median rent of $515 while Units have a median rent of $400.
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