Albion

Albion, situated approximately 13 km west of Melbourne’s Central Business District, falls within the City of Brimbank. This suburb is known for its blend of residential and industrial areas, offering an affordable and accessible living option close to the heart of Melbourne.

Demographic Profile

• Population: According to the 2021 census, the population of Albion was 4,334.
• Predominant Age Group: The area is popular among young adults and families, particularly the 20-39 age group.
• Median Household Income: Generally lower than the Melbourne metropolitan average, reflecting affordability.
• Occupancy: A mix of homeownership and rentals, with a significant proportion of rental properties.

Real Estate and Growth

• Median House Prices: The median house price in Albion is around AUD 600,000.
• Median Unit Prices: Units are more affordable, with a median price of approximately AUD 400,000.
• Rental Market: The median rent for houses is about AUD 350 per week, while for units, it’s around AUD 300 per week.
• Market Trends: Albion has experienced steady growth in property values, attributed to its affordability and proximity to the city.

Education and Lifestyle

• Schools: Served by several local schools, including Albion Primary School, and has access to nearby secondary colleges.
• Local Vibe: Albion offers a multicultural atmosphere with various ethnic restaurants and shops.
• Community Insights: Residents appreciate the suburb’s affordability, diversity, and sense of community.

Transportation

• Public Transport: Well-serviced by Albion train station and numerous bus routes, providing easy access to the city and surrounding suburbs.
• Accessibility: Conveniently located near major roadways, including the Western Ring Road and Ballarat Road.

Notable Features

• Industrial and Commercial Areas: Contains a mix of residential, industrial, and commercial zones, offering various employment opportunities.
• Recreational Areas: Features local parks and reserves, providing green spaces for outdoor activities.

In summary, Albion is an affordable and diverse suburb, offering a mix of residential and commercial areas. Its steady growth in real estate, good transport links, and a strong sense of community make it a practical choice for a wide range of residents, especially those seeking proximity to Melbourne’s CBD at a more affordable price point.