1/563 Albion Street, Brunswick West VIC 3055

1/563 Albion Street, Brunswick West VIC 3055
3 bed 3 bath unit | three ensuites | 643sqm land | Brunswick West edge This property offers a rare configuration for the area: three bedrooms each with their own ensuite, combined with a substantial 643sqm land holding. That land content is unusual for a flat apartment and provides a structural advantage over typical strata units. The asking price sits slightly above the estimated value, but the combination of private bathrooms and generous land suggests it serves best for owner-occupiers seeking long-term space or investors targeting high-demand rental configurations. The recent comparable sale at 2/563 Albion Street for $700,000 in October 2025 reinforces the buildingโ€™s market activity. The primary risk is the price premium over the estimated value, which may narrow the buyerโ€™s negotiation margin. The 2020 sale at $625,000 highlights significant capital growth, but future appreciation depends on sustained demand for multi-ensuite layouts. The absence of bushfire, flood, or heritage overlays reduces regulatory risk, while school zoning for Moonee Ponds Primary and Strathmore Secondary adds family appeal. The NBN and 5G coverage support remote work viability. A buyer should verify body corporate costs and any upcoming special levies given the buildingโ€™s age and recent renovations.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 1/563 Albion Street, Brunswick West VIC 3055
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Market Insight:

Brunswick West is an established inner-north suburb experiencing steady demographic and price growth, anchored by a young professional population. Demand is driven by families seeking larger homes and investors attracted by strong rental yields in the unit sector. Recent house price trends show stability with some variability, while the unit market demonstrates consistent growth. Future demand is supported by population increases and constrained housing supply, though market sensitivity and affordability present ongoing considerations.
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PropCred Estimated Value

Bedrooms

3

Bathroom

3

Parking

1

Land

643mยฒ

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