Market snapshot
Suburb insights for Albion3020
Change suburbAlbion is located 14 km west of the CBD. Located between the Jones and Kororoit Creeks in the west and the St Albans railway line in the east Albion is a small multicultural suburb. Albion is split into two parts with residential areas to the south of the Western Highway and industrial areas to the north. The suburb also features Selwyn Park and Barclay Reserve.
Recent sales and auction results in Albion
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 56 King Edward Av, Albion | 4 |  | House (Res) | Passed in at Auction | 20/07/2024 | Bells Real Estate | |
| 5/3 Ridley St, Albion | 3 |  | Townhouse (Res) | Private Sale | 5/07/2024 | Biggin & Scott |
Sales data
Median sale price
$745k
Quarterly price change
5.7%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Albion | Metro comparison |
|---|---|---|
| 2 | $750,000 | $902,500 |
| 3 | $733,250 | $810,000 |
| 4 | - | $955,000 |
| Insight | Albion | Metro comparison |
|---|---|---|
| Clearance rate | 73.8% | |
| Days on market | 57 | 42 |
Rental data
Median weekly rent
$460
Rental yield
3.2%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Albion | Metro comparison |
|---|---|---|
| 2 | - | $550 |
| 3 | $460 | $540 |
| 4 | - | $580 |
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