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 › Forrest St
$350,000–$380,000
For sale
Asking range
2
Bedrooms
1
Bathrooms
1
Car spaces
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
Asking
$350,000–$380,000
Asking range
No recorded sale for this property.
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
-55.7%
Median sale
Suburb $790,500
+3.65 pp
Gross yield
Suburb 2.89%
Suburb median $790,500 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$20,693 on top of the price (5.9% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Albion's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 6.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Vicprop SunshineNestled peacefully at the rear of a well maintained complex, this beautifully updated property offers a rare combination of privacy, space and convenience. Being one of the largest residences within the development and positioned away from the street, this home provides a quiet and comfortable sanctuary while remaining moments from every lifestyle amenity.
Freshly painted throughout and featuring brand new carpets, the home is move in ready and perfectly suited to first home buyers, downsizers and savvy investors alike. The renovated kitchen has been thoughtfully updated with modern finishes and flows seamlessly into the meals area, creating an inviting space to enjoy everyday living and entertaining.
Bathed in natural light, the spacious lounge room offers warmth and comfort, while the two generously sized bedrooms, both with built in robes, are serviced by a central bathroom with laundry facilities and a separate toilet for added convenience. Outside, the low maintenance garden provides a private retreat, perfect for enjoying your morning coffee or unwinding after a busy day.
The location is second to none. Positioned within the highly sought after catchments for Sunshine Primary School and Sunshine College, families will appreciate the access to quality education options. Enjoy the convenience of being just moments from both Sunshine and Albion Train Stations, offering easy access to Melbourne's CBD and beyond.
Adding even greater long term appeal is the much anticipated Melbourne Airport Rail Link, expected to be completed by 2030, which is set to transform Albion and Sunshine into one of Melbourne's premier transport and employment hubs. The recently opened Costco in Ardeer, together with Albion's thriving shopping precinct, cafés, restaurants, parklands and essential services, further enhances the incredible lifestyle on offer.
Whether you are entering the property market, downsizing to a low maintenance lifestyle or adding a quality asset to your investment portfolio, this charming and private home presents an exceptional opportunity in one of the inner west's most exciting growth locations.
If you're looking to sell in Albion and surrounding suburbs, contact Tommy Truong on 0432 455 888 and Mark Amable on 0433 687 477 for expert advice and assistance.
Photo ID is required at all Inspections for any visitors entering the premises.
Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Listing description written by Tommy Truong, Vicprop Sunshine — reproduced as published, not verified by Districts.