4 Wyalong Street, Albion VIC 3020

Pick Your Path On Wyalong

House
Type
2
Bedrooms
1
Bathrooms
4
Parkings

Last updated on Friday, September 04, 2026 ( See property details for 4 Wyalong Street, Albion VIC 3020)

$650,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A versatile property on a large block in Albion offering renovation, extension, or development opportunities with excellent location benefits.

🏡 Property Highlights

  • Generous 697sqm approx allotment with over four metres side clearance
  • Existing circa 1950 cottage with renovation potential
  • Planning permit in place for a nine-bedroom rooming house
  • Prime location close to Albion Primary School and Albion Station
  • Easy access to major shopping centres and Melbourne CBD
  • Opportunity to extend or retain the existing dwelling

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living
  • Outdoor Area
  • Garage
  • Security Screens / Gates
  • Floorboards
  • Fully fenced
  • Pet-Friendly
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4 Wyalong Street
Albion, VIC 3020
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Vertical aerial view — 4 Wyalong Street
4 Wyalong Street — Vertical Aerial  •  Albion, VIC 3020  •  Nearmap © 2026

Albion is a vibrant suburb offering excellent connectivity to Melbourne CBD, with a strong community feel, diverse shopping options, and proximity to major transport links. The area features quality schools, parks, and ongoing development projects, making it ideal for both investors and families seeking growth and convenience.

What are the potential uses for this property given its large allotment and existing planning permit?
The property can be renovated into a comfortable family home, extended on the existing footprint, or developed into a nine-bedroom rooming house, with a clear pathway provided by the existing planning permit.
What are the key features of the property that add value?
The property offers a large 697sqm block with significant side clearance, development potential, and a prime location close to schools, transport, and shopping centres.
Is the property suitable for future development or investment?
Yes, with an existing planning permit for a nine-bedroom rooming house and its large allotment, the property is well-suited for development or investment purposes.
Are there any additional costs or restrictions associated with the existing planning permit? Has the property been inspected for structural issues or required repairs? Are there any easements, zoning restrictions, or covenants affecting the property? What are the potential costs involved in renovating or extending the existing dwelling? Is there any history of flooding or bushfire risk in this area? Are there any upcoming planning or development activities nearby that could impact the property? What are the strata or council fees, if applicable? Are there any noise or nuisance issues from nearby transport or commercial activities? Is the property compliant with current building codes and regulations? Are there any restrictions on building behind the existing dwelling or on the side clearance?

4 Wyalong Street, Albion VIC 3020 - More Details

Pick Your Path On Wyalong

Every so often a block does more of the talking than the house sitting on it, and that is exactly the case here. Set on a generous 697sqm approx allotment with a rare side clearance of over four metres, this circa 1950 cottage puts real choice in the hands of its next owner.

The existing two bedroom, one bathroom home has plenty of wear and will need extensive work, but that is where the opportunity begins. Renovate and extend the original footprint into a comfortable family home, or make the most of that generous side clearance and depth to retain the front dwelling while building behind it, STCA. For buyers chasing a different kind of return, a planning permit is already in place for a nine bedroom rooming house, delivering an approved pathway straight to yield.

Whichever direction appeals, the location does its part. Albion Primary School sits practically on the doorstep, Albion Station is an easy walk away and is set for a major upgrade as part of the Melbourne Airport Rail project, and Perth Avenue's shops and cafes keep everyday life close at hand. Sunshine Marketplace and the Sunshine Town Centre are both a short drive away, with Melbourne's CBD around 13km from your door.

This is a property built for buyers who see the bigger picture: three genuine paths forward on one exceptionally well positioned block.
Type
House
Bedrooms
2
Bathrooms
1
Parkings
4
Area
0.0

Inspections times

  • 4 Wyalong Street, Albion VIC 3020

    Saturday 5 September
    10:15 am - 10:45 am

Auctions

  • 4 Wyalong Street, Albion VIC 3020

    Saturday 3 October
    10:00 am
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