54 King Edward Avenue,
Albion VIC 3020

About Ardeer - Albion

With an average age of 34, households expect an average monthly mortgage payment of $2,000 or a weekly rent payment of $300. The average family earns a weekly income of $2,200 with a typical household size of 2.4 and a 92.17% employment rate.

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.

Public Transport

Stop 49: Central Park Avenue Stop 48: Wests Road Stop 49: Waterford Avenue Stop 49: Waterford Avenue Stop 50: Wests Road Ginifer St. Albans Ardeer Stop 50: Williamson Road Keilor Plains

General Points of Interest

Victoria University (Sunshine Campus) Central West Shopping Centre Yarraville Cenotaph Maltese Bocci Club Newport War Memorial Lightning Room Homemaker Centre Sunshine Marketplace Central West Shopping Centre Milleara Shopping Centre

Population

(Country of Birth not stated 6%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Albion Primary School Sunshine College

• Albion Primary School

  Albion, VIC, 3020 State Prep-6

  NAPLAN

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• St Theresa's School

  Albion, VIC, 3020 Independent Prep-6

  NAPLAN

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Property Story

Local Developments

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• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website