Thinking about buying in Albion? Now could not be a better time, with 2884 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $803,000 with prices in this suburb ranging from $99,000 to $9,348,000. Albion is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $312.73 |
| Median Monthly Mortgage | $1635.82 |
| Median Persons Per Bedroom | 0.99 |
| Average Household Size | 2.36 |
| Average Age | 34.36 |
| Average Income | $734.27 |
| Average Cars Per Dwelling | 1.29 |
| Average Properties Within 50M | 26 |
Housing Stock
Average Property Prices
| 1 Bed $537,000 |
| 2 Bed $614,000 |
| 3 Bed $1,037,000 |
| 4 Bed $1,113,000 |
| 5 Bed $1,397,000 |
| 6 Bed+$1,180,000 |
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.
Houses for sale Albion
|
4 WESTWOOD WAY, ALBION, VIC, 3020 |  3 |
 1 |
 1 |
$600,000 - $650,000 |
|
|
14 PERTH AV, ALBION, VIC, 3020 | 2 |
1 |
2 |
$700,000 - $730,000 |
|
54 KING EDWARD AV, ALBION, VIC, 3020 | 3 |
1 |
5 |
750000 |
Local Schools
Albion Primary School
St Theresa's School
Mother of God School
Sunshine College
Ardeer Primary School
Sunshine Primary School
St Paul's School
Albion North Primary School
Marian College
Our Lady of the Immaculate Conception 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 | |
|---|---|---|---|---|---|---|---|
| Jan | 1.3 | 15.0 | 27.7 | 39.0 | 86.3 | 5.3 | 24.8 |
| Feb | 1.3 | 15.1 | 26.9 | 42.3 | 89.0 | 4.9 | 20.6 |
| Mar | 1.2 | 13.7 | 24.8 | 43.5 | 88.7 | 4.6 | 16.0 |
| Apr | 1.6 | 10.9 | 21.1 | 48.2 | 91.3 | 4.3 | 11.7 |
| May | 1.4 | 8.6 | 17.1 | 56.6 | 92.2 | 4.7 | 8.5 |
| Jun | 1.4 | 6.5 | 14.4 | 64.1 | 94.3 | 4.3 | 7.4 |
| Jul | 1.2 | 6.5 | 14.0 | 61.6 | 92.9 | 5.2 | 7.7 |
| Aug | 1.4 | 6.7 | 14.9 | 54.8 | 92.0 | 5.4 | 10.2 |
| Sept | 1.7 | 8.1 | 17.9 | 47.7 | 90.7 | 5.4 | 14.4 |
| Oct | 1.6 | 9.5 | 20.7 | 44.5 | 90.7 | 5.3 | 19.0 |
| Nov | 2.3 | 11.5 | 23.1 | 43.9 | 90.3 | 5.1 | 21.4 |
| Dec | 1.8 | 13.2 | 25.6 | 41.0 | 88.3 | 5.1 | 24.8 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
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
Victoria University (Sunshine Campus) - Less than 2 KM
Central West Shopping Centre - Less than 5 KM
Yarraville Cenotaph - Less than 10 KM
Maltese Bocci Club - Less than 10 KM
Newport War Memorial - Less than 10 KM
Lightning Room - Less than 10 KM
Homemaker Centre - Less than 10 KM
Sunshine Marketplace - Less than 2 KM
Central West Shopping Centre - Less than 5 KM
Milleara Shopping Centre - Less than 5 KM
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