4. Property Auction Result

8/2 Forrest St, Albion VIC 3020

8/2 Forrest St, Albion VIC 3020

unit 2

Sold $275,000 on 24 Apr 2021

Distance To CBD: 12.42 km

Measure Land Size

  • Agency: Barry Plant Sunshine

    Nearby Sold Price

    • Map And Street View
    Please note that location of this property on map is approximate and street view images may not show the exact property advertised.

    Stamp Duty Calculator

    Total

    $ 12,486

    Mortgage registration fee $108

    Transfer fee $808

    Stamp duty on property $11,570
    *based on property value $275,000 for investment

    Loan Repayment Calculator

    Monthly Repayment

    $ 1,181

    Total interest payable $205,163

    Loan Term 30 years

    Annual Interest Rate 5.00%
    *based on loan amount $220,000 for principal and interest
    Note: The results from this calculator should be used as an indication only. Results do not represent either quotes or pre-qualifications for a loan. It is advised that you consult your financial adviser before taking out a loan.
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    Comparable Sold Properties

    Address Sold Price
    2/5 Burnewang Street 2 $510,000
    22 Gunnedah Street 2 $545,000
    2/30 Hutchinson Street 2 $475,000
    1/1A Gunnedah Street 2 $390,000
    8/3 King Edward Avenue 2 $370,000
    2/6-8 Adelaide Street 2 $500,000
    5/14 Ridley Street 2 $354,000
    3/143 Anderson Road 2 $462,500

    Comparable Rent Properties

    Address Rent Price
    2/8 York Street 2 $450 p/w
    23/23 King Edward Avenue 2 $370 p/w
    1/17 King Edward Avenue 2 $370 p/w
    1/123 Anderson Road 2 $380 p/w
    5/22 Forrest St 2 $400 p/w
    8/4 Forrest Street 2 $350 p/w
    6/18 Ridley Street 2 $350 p/w
    3/6 Sydney st 2 $262 p/w
    Auction History - Albion, VIC 3020
    2024 March
    Address Price Result*
    72 Forrest St N/A PI 3
    13/31 Ridley St $195,000 S 1
    30 Sydney St $960,000 S 6
    2024 February
    Address Price Result*
    2B Dalworth St N/A S 4
    1/7 Adelaide St $710,000 SP 3
    5 Barclay St $579,000 S 3

    Albion, VIC 3020
    (13.30 km to CBD)

    Median House Price

    $810,000

    Median Unit Price

    $275,000

    Surrounding Suburbs

    Nearby Train Stations

    0.63 km Sunshine Station
    0.82 km Albion Station
    3.32 km Ginifer Station

    Nearby Schools

    0.74 km Sunshine Primary School
    0.95 km Albion Primary School
    0.89 km Our Lady of the Immaculate Conception School
    1.11 km Sunshine Heights Primary School
    1.89 km Glenvale School - Melton Centre
    1.74 km Sunshine North Primary School
    1.74 km Sunshine College North Sunshine Campus
    1.88 km Glengala/Sunshine West Primary School
    1.67 km St Paul's Primary School
    2.01 km Sunshine Christian School