Back

Albion
VIC, 3020 - Brimbank

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

Ray White 54 king edward av, albion, vic, 3020 Beds3 Bathrooms1 Parking 5 750000
Ray White 29 king edward av, albion, vic, 3020 Beds5 Bathrooms2 Parking 4 780000

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

We are currently collecting information for this location.

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

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

ArdeerSunshineSunshine NorthSunshine WestCairnleaBraybrookSt AlbansDeer ParkDerrimutAvondale Heights

Public Transport


General Points of Interest

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!