Multi-unit Property

8 Ridley Street

Albion VIC 3020, Australia

-Parking
400 m²Land size
$205,000Last sale (2025)
Multi-unitComplex profile

Snapshot

Key points for 8 Ridley Street.

  • Estimated market value per unit: $730,000
  • Recorded price: $730k (mid‑estimate)
  • Land size: 400 m²
  • Owner‑occupier approx 50 % / rented approx 50 %
  • Estimated market value: $730 k (mid‑point of $630 k – $830 k)

About this property

yardizepropertyrecord

8 Ridley Street is a residential multi‑unit complex in Albion, Victoria comprising ten dwellings – two detached houses and eight apartment‑style units. The main house offers three bedrooms, one bathroom and three dedicated car spaces on a 400 m² lot. Owner‑occupancy and rental tenancy are roughly evenly split across the complex.

The surrounding suburb of Albion lies about 14 km west of Melbourne’s CBD and is part of the City of Brimbank. The area features several parks, a shopping centre and local childcare facilities within walking distance

Key details

Locality
Albion
State
VIC
Coordinates
37.783796 / 144.826224
GNAF PID
GAVIC410733390
Remoteness area
Metro
Property type
Apartment
Land size
400 m²
Unit land size
400 m² (estimate per unit)
Bushfire risk
None detected
Flood risk
None detected
Heritage overlay
None detected
Land Use Category
Residential

Market estimates

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

Expected weekly rent per unit
$538
Expected property value per unit
$730,000
Estimated yield
3.83%
Confidence
Medium

Based on the comparable property evidence currently available.

Sales history

Sales figures shown here are for individual units within the property, not the whole site.

EventDatePricePrice per m²
Sale
1 Jul 2025
Unit 2/8
$205,000$512
Sale
1 Jul 2017
Unit 9/8
$145,000$362
Sale
1 Jun 2012
Unit 4/8
$375,000$937
Sale
1 Dec 2010
Unit 1/8
$85,000$212
Sale
1 Jul 2008
Unit 5/8
$75,000$187
Sale
1 Apr 2004
Unit 3/8
$48,000$120
Sale
1 Jun 2001
Unit 6/8
$48,000$120

Price per m² based on unit land size of 400 m².

Property insights

Building profile

  • 8 Ridley Street is a multi‑unit residential complex in Albion, VIC comprising 10 dwellings (2 houses and 8 apartments)Michelle lia Bells Real Estate lease listing
  • Capital growth: Unit 2/8 price rose from $95 k (2006) to $205 k (2025)
  • Total dwellings: 10 (2 houses, 8 apartments)
  • Lot size (main house): 400 m²
  • Owner‑occupied proportion: ≈ 50 %
  • Rented proportion: ≈ 50 %

Property Features

  • Main house: 3 bedrooms, 1 bathroom, 3 car spacesMichelle lia Bells Real Estate lease listing
  • Mixed housing type – detached houses plus apartment‑style units
  • Owner‑occupier approx 50 % / rented approx 50 %
  • Estimated market value: $730 k (mid‑point of $630 k – $830 k)
  • Estimated weekly rent: $500 / week (rental yield 3.6 %)

Recorded sales and leasing agents

Recorded listing contacts
Michelle Lia Listed unit 9/8 for lease

Ownership mix

Approximate occupancy mix for the overall building or complex
Owner-occupied
50%
Renter-occupied
50%

Real Estate Agencies

Ordered by:
Barry Plant - Keilor East
5.1 km
40 Amis Crescent, Keilor East, VIC 3033
Barry Plant - St Albans
5.2 km
1-7 Elaine Street, St Albans, VIC 3021
Barry Plant - Sunshine
0.5 km
271 Hampshire Road, Sunshine, VIC 3020
VICPROP ST ALBANS & SUNSHINE
4.9 km
308 MAIN ROAD EAST, St Albans, VIC 3021
OBrien Real Estate - Sunshine
0.6 km
4A/282 Hampshire Road, Sunshine, VIC 3020
Ray White - ALTONA
9.5 km
Level 1, 50 Pier Street, Altona, VIC 3018
Ray White West Realty
3.8 km
CAIRNLEA - CAROLINE SPRINGS - DERRIMUT - ST ALBANS -, Deer Park, VIC 3023
White Knight Estate Agents
6.7 km
Office 118A/118-120 Westwood Drive, Burnside, VIC 3023
Moonee Valley Real Estate - Avondale Heights
4.0 km
151 Military Rd, Avondale Heights, VIC 3034
Create Real Estate - Sunshine
0.6 km
262 Hampshire Road, Sunshine, VIC 3020
White Knight Estate Agents - St Albans
5.2 km
4 Victoria Square, St Albans, VIC 3021
Burnham Real Estate - Footscray, Seddon & Deer Park
6.3 km
273 Barkly Street, Footscray, VIC 3011
Nicholas Scott Real Estate - Yarraville
6.4 km
102 Somerville Road, Yarraville, VIC 3013
Bells Real Estate - Sunshine
0.7 km
14 Devonshire Rd, Sunshine, VIC 3020
Douglas Kay Real Estate - Sunshine
1.9 km
280 Hampshire Road, Sunshine, VIC 3020
One Agency Carlo Puglia Property
0.8 km
PO Box 356, Sunshine, VIC 3020
Ray White Sunshine
0.6 km
134 Durham Road, Sunshine, VIC 3020
Rendina Real Estate - Kensington
9.1 km
519 Macaulay Road, Kensington, VIC 3031
TENACITY REAL ESTATE - Western Suburbs
1.4 km
11 77a Wright Street, Sunshine, VIC 3020
DK Property Partners Melb
0.5 km
275 Hampshire Road, Sunshine, VIC 3020
Nguyen Real Estate - Footscray
6.7 km
11/158 Barkly Street, Footscray, VIC 3011
Raine and Horne - St Albans
5.1 km
352 Main Road West, St Albans, VIC 3021
JK Estate Agents - HOPPERS CROSSING
16.1 km
203 Heaths Road, Hoppers Crossing, VIC 3029
Holland Price Real Estate - BRUNSWICK EAST
12.8 km
178 Lygon Street, Brunswick East, VIC 3057
* Approximate straight-line distances

Nearby schools

Type:
Ordered by:
St Theresa's School
0.6 km
Primary school | Independent
Albion Primary School
0.9 km
Primary school | Government
Sunshine Primary School
0.9 km
Primary school | Government
Our Lady of the Immaculate Conception School
1.0 km
Primary school | Independent
Sunshine Heights Primary School
1.2 km
Primary school | Government
St Bernadette's School
1.5 km
Primary school | Catholic
Marian College
1.6 km
Secondary school | Catholic
St Paul's Primary School
1.7 km
Primary school | Catholic
St Peter's School
1.7 km
Primary school | Catholic
Sunshine North Primary School
1.7 km
Primary school | Government
Sunshine College
1.7 km
Secondary school | Government
Braybrook College
2.1 km
Secondary school | Government
Caroline Chisholm Catholic College
2.1 km
Secondary school | Independent
Western English Language School
2.6 km
Special school | Government
Sirius College - Ibrahim Dellal Campus
3.2 km
Combined school | Independent
St Albans Secondary College
4.4 km
Secondary school | Government
Catholic Regional College St Albans
5.5 km
Secondary school | Independent
Maribyrnong Secondary College
5.5 km
Secondary school | Government
Victoria University Secondary College
6.0 km
Secondary school | Government
Anderson Road Child Care Centre
0.2 km
* Approximate straight-line distances

Frequently asked questions

What is the parking provision for the main house?

The main house includes three dedicated car spaces

Michelle lia Bells Real Estate lease listing
How many bedrooms does the main house have?

The main house at 8 Ridley Street has three bedrooms

Michelle lia Bells Real Estate lease listing
How many total dwellings are on the site?

The complex contains ten separate dwellings – two houses and eight other units

Michelle lia Bells Real Estate lease listing
What is the owner‑occupier versus rental split?

Approximately 50 % of the units are owner‑occupied and 50 % are rented

Michelle lia Bells Real Estate lease listing
Which primary school is closest to the property?

St Theresa's School, a primary independent school, is about 0.6 km away

What parks or recreational spaces are nearby?

H.V. McKay Memorial Gardens is 0.2 km away and Chaplin Reserve is 0.3 km away

What kind of property is this?

8 Ridley Street is listed as Apartment in Albion, VIC

Michelle lia Bells Real Estate lease listing
What building-wide details are listed?

8 Ridley Street is described with land size of 400 m²

Michelle lia Bells Real Estate lease listing

Related profiles

Jump to the related profiles for 8 Ridley Street, including the surrounding street and suburb pages.

Suburb profile

Albion

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