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Apartment

11/16 Ridley Street

Albion VIC 3020, Australia

- Bedrooms
- Bathrooms
- Parking
1170 m² Land size
- Internal area
$2,814,000 Last sale (2026)

About this property

yardizepropertyrecord

Unit 11/16 Ridley Street is a residential apartment within a former rooming house block of approximately 30–31 separate units. The building sits on a freehold parcel of about 1,170 m² in the suburb of Albion, Victoria. The entire block at 16 Ridley Street sold at auction on 30 March 2026 for $2,814,000.

Estimated market value for this individual unit place its market value between $250,000 and $330,000, with an estimated weekly rental income of $390. Albion offers a mix of childcare centres, primary schools and local amenities, making it a convenient location for families and commuters

Also written as Unit 11, 16 Ridley Street.

Key details

Locality
Albion
State
VIC
Coordinates
37.7837 / 144.82541
GNAF PID
GAVIC410731067
Legal parcel ID
57\LP4860
Remoteness area
Metro
Property type
Apartment
Unit land size
1170 m²
Unit internal area
-
Bushfire risk
None detected
Flood risk
None detected
Heritage overlay
Not heritage listed
Land Use Category
Residential

Market estimates

Based on curated rent estimate, web rent evidence, web value evidence.

Expected weekly rent
$395
Expected property value
$290,000
Estimated yield
7.08%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

EventDatePricePrice per m²
Sale
30 Mar 2026
Unit s
$2,814,000

Property insights

Building profile

  • Unit 11/16 Ridley Street is a residential unit within a former rooming house block of approximately 30‑31 units, located on a 1,170 m² freehold lot
  • Subdivision activity: The property at 16 Ridley Street is a former rooming house that has been subdivided into multiple separate residential units/apartments

Property Features

  • Freehold ownership Douglas kay
  • Former rooming house now subdivided into separate residential units
  • Estimated market value estimate: $250k – $330k
  • Estimated weekly rent: $390 per week (6.96% yield)
  • Block sale 30 Mar 2026: Sold for $2,814,000 (≈ $90‑95k per unit)

Recorded sales and leasing agents

Recorded sale agency (2026 sale)
Douglas Kay Real Estate recorded for the 2026 sale Douglas kay

Real Estate Agencies

Ordered by:
Barry Plant - Keilor East
5.1 km
Barry Plant - St Albans
5.1 km
Barry Plant - Sunshine
0.6 km
VICPROP ST ALBANS & SUNSHINE
4.8 km
OBrien Real Estate - Sunshine
0.6 km
Moonee Valley Real Estate - Avondale Heights
4.1 km
Create Real Estate - Sunshine
0.6 km
White Knight Estate Agents - St Albans
5.1 km
Burnham Real Estate - Footscray, Seddon & Deer Park
6.4 km
Nicholas Scott Real Estate - Yarraville
6.5 km
Bells Real Estate - Sunshine
0.7 km
Douglas Kay Real Estate - Sunshine
1.9 km
One Agency Carlo Puglia Property
0.9 km
Ray White Sunshine
0.6 km
Rendina Real Estate - Kensington
9.2 km
TENACITY REAL ESTATE - Western Suburbs
1.4 km
DK Property Partners Melb
0.6 km
Nguyen Real Estate - Footscray
6.7 km
Raine and Horne - St Albans
5.1 km
JK Estate Agents - HOPPERS CROSSING
16.1 km
Holland Price Real Estate - BRUNSWICK EAST
12.9 km
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
St Theresa's School
0.5 km
Primary school | Catholic
Albion Primary School
0.8 km
Primary school | Government
Sunshine Primary School
0.9 km
Primary school | Government
Our Lady of the Immaculate Conception School
1.1 km
Primary school | Catholic
Sunshine Heights Primary School
1.2 km
Primary school | Government
Marian College
1.6 km
Secondary school | Catholic
Sunshine College
1.8 km
Secondary school | Government
Braybrook College
2.1 km
Secondary school | Government
Caroline Chisholm Catholic College
2.1 km
Secondary school | Catholic
Western English Language School
2.7 km
Combined school | Government
Anderson Road Child Care Centre
0.1 km
Sunshine Heights Kindergarten
0.5 km
Albion Kindergarten
0.7 km
Future Super Stars ELC Sunshine
1.0 km
Alexandra Avenue Children's Centre
0.0 km
Child Care
* Approximate straight-line distances

Frequently asked questions

How many bedrooms, bathrooms, parking spaces, or other key details are listed?

11/16 Ridley Street is described with land size of 1,170 m²

Which suburb is the property located in?

The property is located in Albion, a suburb of Melbourne situated about 14 km west of the Central Business District

En.wikipedia.org
What public garden is closest to the property?

H.V. McKay Memorial Gardens is the nearest public garden, located approximately 0.2 km from the address

Which nearby sports venue is within walking distance?

Chaplin Reserve, a local soccer stadium, is about 0.3 km away from the property

What shopping centre is nearby?

Sunshine Marketplace, a shopping mall, is situated roughly 0.5 km from the unit

What community organisation is located close to the property?

Youth Junction, a local community group, is located about 0.5 km away

What kind of property is this?

11/16 Ridley Street is listed as Apartment in Albion, VIC

What asking price or listing price is shown?

11/16 Ridley Street includes price $250,000

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