Albion, VIC 3020

Albion, VIC 3020

Compare Part of Brimbank

13.30 km
Distance from CBD
31 k
Population
Median Sale Price
House
-
Updated on Nov 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Nov 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year Median Growth Low High # Sales
2009
$350,000
 0.0% $165,000 $860,000 21
2010
$440,000
 +20.5% $330,000 $867,000 18
2011
$430,000
 -2.3% $230,000 $1,100,000 30
2012
$380,000
 -13.2% $285,000 $989,000 27
2013
$392,000
 +3.1% $315,000 $1,210,000 33
2014
$430,000
 +8.8% $321,500 $615,000 41
2015
$470,000
 +8.5% $191,000 $790,000 25
2016
$616,500
 +23.8% $180,000 $1,060,000 32
2017
$746,000
 +17.4% $480,000 $965,000 51
2018
$750,000
 +0.5% $520,000 $1,156,000 33
2019
$675,000
 -11.1% $250,000 $832,000 30
2020
$720,000
 +6.3% $571,000 $880,500 20
2021
$800,000
 +10.0% $208,000 $1,300,000 37
2022
$815,000
 +1.8% $610,000 $1,125,000 29
2023
$765,000
 -6.5% $545,000 $1,010,000 27
2024
$735,000
 -4.1% $220,000 $1,151,200 34
2025
-
 - - - -
Median Sale Price
$735K
Based on 34 recorded sales within the last 12 months
Updated on 6 Jan 2025
Suburb Growth
-4.1%
Current Median Price: $735,000
Previous Median Price: $765,000
Based on 61 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR
-
3 BR
-
4 BR
-
Unit
-
Updated on Nov 2024
1 BR
-
2 BR
-
3 BR
-
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year Median Growth Low High # Rents
2011
$300
 0.0% $190 $380 36
2012
$275
 -9.1% $170 $360 41
2013
$300
 +8.3% $165 $485 78
2014
$315
 +4.8% $190 $400 42
2015
$320
 +1.6% $175 $450 62
2016
$340
 +5.9% $180 $460 65
2017
$350
 +2.9% $210 $460 68
2018
$365
 +4.1% $210 $500 75
2019
$390
 +6.4% $210 $750 69
2020
$350
 -11.4% $240 $530 41
2021
$360
 +2.8% $200 $550 66
2022
$380
 +5.3% $250 $630 64
2023
$445
 +14.6% $280 $650 41
2024
$470
 +5.3% $280 $750 44
2025
-
 - - - -
Median Rent Price
$470
per week
Based on 44 recorded rent within the last 12 months
Updated on 6 Jan 2025
Rent Price Growth
+5.3%
Current Median Rent: $470
Previous Median Rent: $445
Based on 84 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $735,000
Current Median rent: $470
Based on 78 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)

Auction Results For Albion

Houses sold in Last 12 months ends 4 Jan 2025

$780K

Median Sale Price

74%

Clearance Rate

11/15

Sold/Reported

$1.15M

Highest Sale Price

Sold Price Range No. of Sold Properties
$1 M - $1.2 M 1
$800 K - $1 M 2
$600 K - $800 K
(Median Price Range)		 6
$400 K - $600 K 1

Schools closest to Albion, VIC 3020

School name Address Type Sector Distance
Albion Primary School ADELAIDE STREETAlbion 3020 Primary Government 0.18 km
St Theresa's School 16 DRUMMARTIN STAlbion 3020 Primary Catholic 0.71 km
Albion North Primary School 67-73 FURLONG ROADSunshine North 3020 Primary Government 1.52 km
St Bernadette's School 59 WESTMORELAND RDSunshine North 3020 Primary Catholic 1.45 km
Marian College GLENGALA RDSunshine West 3020 Secondary Catholic 1.67 km
Sunshine Heights Primary School 1-19 MAILEY STREETSunshine 3020 Primary Government 1.83 km
St Paul's Primary School LINKS STSunshine West 3020 Primary Catholic 1.67 km
Sunshine Christian SchoolTop 100 81-83 WESTMORELAND ROADSunshine North 3020 Primary Independent 1.67 km
Sunshine North Primary School 65 - 71 SUFFOLK ROADSunshine North 3020 Primary Government 1.67 km
Sunshine Primary School CNR HAMPSHIRE & DERBY ROADSSunshine 3020 Primary Government 1.93 km