Albanvale

Albanvale, a suburb located approximately 19 km northwest of Melbourne’s Central Business District, is part of the City of Brimbank. This suburb is known for its affordable housing, community-centric atmosphere, and convenient access to urban amenities and natural spaces.

Demographic Profile

• Population: According to the 2021 census, the population of Albanvale was 5,641.
• Predominant Age Group: The suburb is popular among families, particularly those with young children and middle-aged adults.
• Median Household Income: Generally lower than the Melbourne metropolitan average, reflecting affordability.
• Occupancy: A higher proportion of homeownership with a significant number of long-term residents.

Real Estate and Growth

• Median House Prices: The median house price in Albanvale is around AUD 500,000, making it one of the more affordable suburbs in Melbourne.
• Median Unit Prices: Units and townhouses, though less common, are also affordable, with prices around AUD 400,000.
• Rental Market: The median rent for houses is about AUD 350 per week, and for units, it’s approximately AUD 300 per week.
• Market Trends: Albanvale has experienced steady growth in property values, attributed to its affordability and family-friendly environment.

Education and Lifestyle

• Schools: Home to several schools, including Albanvale Primary School, which caters to the local community.
• Local Vibe: The suburb has a strong sense of community, with residents valuing the quiet and peaceful environment.
• Community Insights: Known for its affordability and accessibility, it’s a popular choice for families and first-home buyers.

Transportation

• Public Transport: Well-served by bus routes, connecting nearby train stations and major shopping centres.
• Accessibility: Convenient access to major roads and highways, including the Western Ring Road.

Notable Features

• Proximity to Shopping Centers and Amenities: Close to Brimbank Central Shopping Centre and other local amenities.
• Recreational Areas: Near parks and reserves, offering green spaces for outdoor activities and family outings.

Albanvale is an appealing suburb for those seeking affordability and a family-friendly environment. Its accessible real estate, community atmosphere, and proximity to both urban conveniences and natural spaces make it a practical and inviting choice for many residents within the Melbourne metropolitan area.