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1,2,3,4/59 Derrimut Street, Albion VIC 3020

Starting From $800,000

Listed: 55 days ago
Overview

These four individually offered off-the-plan townhomes present an exceptional opportunity for buyers to invest in Albion's emerging residential market, with completion expected in December 2026. Positioned within a rapidly evolving and well-connected neighbourhood, the development benefits from proximity to the upcoming Albion Train Station upgrade, offering direct rail access to Melbourne Airport, the CBD, and surrounding suburbs. This highly convenient transport link ensures effortless commuting and connectivity for residents.

The townhomes feature spacious open-plan living and dining areas that are designed to capture natural light, enhancing the quality of living spaces. Each home boasts designer kitchens equipped with quality appliances and stone benchtops, underpinning a modern and stylish culinary experience. Outdoor spaces include oversized private courtyards and alfresco areas, ideally suited for entertaining and relaxed outdoor living, which complements the energy-efficient construction of the properties.

Buyers can personalise their homes by engaging directly with the builder to customise internal finishes, including flooring, kitchen cabinetry and benchtops, bathroom fittings, colour schemes, and lighting. This flexibility allows purchasers to tailor their property to suit personal tastes or maximise rental appeal, making these townhomes attractive to a variety of buyers, including families and investors.

Albion’s location offers easy access to schools, parks, cafés, shopping precincts, and major road networks, including the Sunshine Activity Centre within minutes. The suburb’s designation as a high-growth inner-west corridor adds further appeal, supported by government incentives such as the First Home Owner Grant and stamp duty concessions for eligible purchasers. With a six-year building warranty and anticipated capital growth supported by strong future transport infrastructure, these townhomes combine modern living with long-term investment potential.

Local Market Insights

In Albion, Quiet Listings observed 9 new townhouses entering the market over the last 30 days, down from 12 during the previous 30-day period, with an average advertised asking price of $700,000. The property type mix of listed properties is predominantly Houses at 52%, followed by townhouses (13%), and apartments (12%). Bells Real Estate was the most active agency in this area, representing 22.2% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
1,2,3,4/59 Derrimut Street
Albion VIC 3020
Market Insights for Albion VIC 3020
New Listings (last 30 days)
9
Average price
$700,000
Lowest price
$550,000
Highest price
$1,000,000
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