Albion Real Estate, 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.

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.


For Sale

Barry Plant UNIT 7, 3 DRUMMARTIN ST, ALBION, VIC, 3020 1 1 1 $230,000 - $250,000
Barry Plant 31 HUTCHINSON ST, ALBION, VIC, 3020 4 3 $960,000 - $1,050,000
Barry Plant 9 BAZENTIN ST, ALBION, VIC, 3020 5 2 4 Priced to sell: $860,000 - $910,000
Barry Plant 4 WESTGATE AV, ALBION, VIC, 3020 4 2 2 Contact Agent
eview UNIT 8, 117 ANDERSON RD, ALBION, VIC, 3020 2 1 1 Priced to sell!!
professionals 2 GAIL CT, ALBION, VIC, 3020 3 2 3 Price: Contact Agent
RayWhite UNIT 11, 26 FORREST ST, ALBION, VIC, 3020 1 1 1 Grand Opening Sat…


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 Stats

Average Local Climate by month

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source: Australian Government Bureau of Meteorology

Recently Sold

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