Real Estate Albion, VIC, 3020 Brimbank

Thinking about buying in Albion? Now could not be a better time, with a whopping 2791 properties either residential or commercial there's certainly plenty to choose from.

The average property price for this area is $537,000 with prices in this suburb ranging from $218,000 to $2,592,000.

Distance to the coast is 7 Km.

Instant Valuation

Albion Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Albion driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Albion due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Albion changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Albion the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.

About

Household makeup

Median Weekly Rent $288.94
Median Monthly Mortgage $1377.82
Median Persons Per Bedroom 0.79
Average Household Size 2.24
Average Age 35.00
Average Income $848.00
Average Cars Per Dwelling 2.12
Average Properties Within 50M 26.00

Typical Property Prices

1 Bed$220,231
2 Bed$468,144
3 Bed$770,615
4 Bed$1,005,435
5 Bed$905,500
6 Bed +$2,150,000

Housing Stock

Houses for sale Albion

Barry Plant UNIT 22, 36 RIDLEY ST, ALBION, VIC, 3020 1 1 1 $190,000 to $205,000
Barry Plant UNIT 4, 10 RIDLEY ST, ALBION, VIC, 3020 3 2 1 $610,000 - $640,000
Barry Plant 35 NORWOOD ST, ALBION, VIC, 3020 4 2 1 Under Offer
Barry Plant UNIT 5, 14 RIDLEY ST, ALBION, VIC, 3020 2 1 1 $385,000 - $415,000
Barry Plant 46 DERRIMUT ST, ALBION, VIC, 3020 2 1 3 $830,000 - $880,000
Barry Plant 31 HUTCHINSON ST, ALBION, VIC, 3020 4 3 0 $960,000 - $1,050,000
Buxton 33C HUTCHINSON ST, ALBION, VIC, 3020 2 2 1 $550,000 - $590,000
First National UNIT 2, 19 NORWOOD ST, ALBION, VIC, 3020 2 1 1 $550,000 to $605,000
First National UNIT 10, 7 KING EDWARD AV, ALBION, VIC, 3020 1 1 1 $195,000 - $210,000
RayWhite UNIT 11, 26 FORREST ST, ALBION, VIC, 3020 1 1 1 $209,000 - $229,000
Sweeney 523A BALLARAT RD, ALBION, VIC, 3020 3 2 1 UNDER CONTRACT
Sweeney 34 NORWOOD ST, ALBION, VIC, 3020 4 1 1 $870,000 - $925,000
Sweeney 41 ADELAIDE ST, ALBION, VIC, 3020 3 1 1 $799,000
Sweeney UNIT 10, 117 ANDERSON RD, ALBION, VIC, 3020 1 1 0 For Sale

Local Schools

Albion Primary School

St Theresa's School

(While the above schools are located with the suburb of Albion there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average


Albion weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.315.027.739.086.35.324.8
Feb1.315.126.942.389.04.920.6
Mar1.213.724.843.588.74.616.0
Apr1.610.921.148.291.34.311.7
May1.48.617.156.692.24.78.5
Jun1.46.514.464.194.34.37.4
Jul1.26.514.061.692.95.27.7
Aug1.46.714.954.892.05.410.2
Sept1.78.117.947.790.75.414.4
Oct1.69.520.744.590.75.319.0
Nov2.311.523.143.990.35.121.4
Dec1.813.225.641.088.35.124.8

source: Australian Government Bureau of Meteorology



Internet Speed

Fibre to the Basement (vectored or non-vectored)

Fibre to the Curb

Fibre to the Node

Fibre to the Premises

Hybrid Fibre Coaxial (HFC)

Satellite


Nearby Suburbs

ArdeerSunshineSunshine NorthSunshine WestCairnleaBraybrookSt AlbansDeer ParkDerrimutAvondale Heights

Public Transport

Stop 49: Central Park Avenue - Less than 10 KM Stop 48: Wests Road - Less than 10 KM Stop 49: Waterford Avenue - Less than 10 KM Stop 49: Waterford Avenue - Less than 10 KM Stop 50: Wests Road - Less than 10 KM Ginifer - Less than 2 KM St. Albans - Less than 5 KM Ardeer - Less than 2 KM Stop 50: Williamson Road - Less than 10 KM Keilor Plains - Less than 10 KM

General Points of Interest

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