Albion at a glance
4,701
People
$790,500
Median sale
$440/wk
Median rent
2.89%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
VIC › Albion › King Edward Ave
$750,000
Last sold
19 Feb 2025
3
Bedrooms
2
Bathrooms
1
Car spaces
261 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$750,000
19 Feb 2025 · derived via latest_sale
Local land rate: recorded House sales in Albion (last 5 years) with land size have a median of $1,306/m² of land (n=26). Districts calculation from recorded sales — not a valuation.
Albion at a glance
4,701
People
$790,500
Median sale
$440/wk
Median rent
2.89%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Albion
-5.1%
Median sale
Suburb $790,500
+0.16 pp
Gross yield
Suburb 2.89%
Suburb median $790,500 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $440/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Albion at a glance
4,701
People
$790,500
Median sale
$440/wk
Median rent
2.89%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Douglas Kay Real EstateThis brand-new, exquisite townhouse captivates with its stunning exterior, ensuring a lasting first impression. Enjoy the added benefit of a separate title, freeing you from the burden of body corporate fees. The home perfectly blends functionality and elegance with its remarkable architectural layout.
Upon entering, you'll experience the pinnacle of modern design in the expansive open-plan living, dining, and kitchen area. This seamlessly integrated space overlooks a charming courtyard featuring a beautiful timber deck. Abundant natural light floods the area, creating an inviting atmosphere perfect for relaxation and entertainment.
The modern kitchen is a chef's delight, boasting a stainless steel 900mm gas cooktop and oven, dishwasher, a substantial 3-meter stone breakfast bar, stone countertops, and ample storage space. Additionally, there's a charming nook ideal for a reading corner and a convenient powder room.
Upstairs, discover a second nook area and accommodations offering three generous bedrooms. Two bedrooms come with built-in robes, while the master suite features a walk-in robe and a private luxurious ensuite. A well-appointed, sleek central bathroom with a full-sized bathtub serves the additional bedrooms, along with a separate WC.
Further highlights include premium hybrid oak floorboards, quality carpeting upstairs, sleek black finishes throughout, split system heating/cooling in each bedroom and on the ground level, a separate laundry, an outdoor water tank, and a spacious garage with an automatic tilt panel door.
Situated amidst a plethora of lifestyle offerings, including Selwyn Park, Albion Tennis Club, Kororoit Creek Trail, Albion Train Station, the bustling Perth Avenue shopping precinct, and esteemed educational institutions like St Theresa's Catholic Primary School and Albion Primary School, this home is within a convenient 12km radius of the CBD.
Experience the perfect blend of style, functionality, and luxury in this beautifully designed house. Your dream abode awaits-seize the opportunity to make it your own!
DOUGLAS KAY
280 HAMPSHIRE ROAD,
SUNSHINE VIC 3020
Listing description written by Justin Luciew, Douglas Kay Real Estate — reproduced as published, not verified by Districts.