Back 8/5 King Edward Avenue
Off Market

8/5 King Edward Avenue

Albion VIC 3020

2
1
1
House
Last sold for $280,000

Overview

SMART BUYING OPPORTUNITY IN A RAPIDLY GROWING LOCATION

Positioned in a well-maintained building, this neat and functional 2-bedroom, 1-bathroom apartment at 8/5 King Edward Avenue, Albion offers an outstanding opportunity for first-home buyers, investors, or downsizers seeking convenience and future growth. The apartment features two well-proportioned bedrooms, a central bathroom, and a good-sized kitchen with ample storage and bench space, flowing into a comfortable living area ideal for everyday living. The layout is practical, low-maintenance, and easy to rent or live in. Located in one of Melbourne's fast-improving inner-west suburbs, Albion continues to benefit from major surrounding infrastructure and urban renewal. Ongoing developments in and around Albion and Sunshine, including transport upgrades, new commercial hubs, and public investment, are strengthening demand and adding long-term value to the area. Enjoy the lifestyle advantage of being close to the CBD, Sunshine's major shopping, dining and employment precinct, public transport, schools, and everyday amenities-all within easy reach. Whether you're looking to enter the market, secure a solid investment, or buy into a suburb with clear growth momentum, this is a property that makes sense today and into the future. Now is the time to buy and secure your place close to the city and everything Albion has to offer.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Albion over the last 12 months, the estimated median property value of 8/5 King Edward Avenue is $640k.

Median value
$640k
Estimated value range
$280k - $855k
Median days on market
32
Estimated value trend
-12%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Albion. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8/5 King Edward Avenue

2026
Sold
$280,000
26 Feb 2026
2023
Rented
Undisclosed
Leased on 12 Sep 2023 by Create Real Estate

Happy sellers in Albion

92%
92% of sellers in Albion reported that their sale price either exceeded or met their price expectations.

Albion stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 15 reviews in Albion over the last 12 months.

Local market activity for 2 bedroom houses in Albion

In the last 12 months, 11 two-bedroom houses similar to 8/5 King Edward Avenue, have been sold.

This represents a 9% decrease in two-bedroom houses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Albion

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent