FOR SALE
Price to Sell | $730,000

11 Ruth Street
St Albans VIC 3021

Bedrooms: 3
Bathrooms: 1
Car spaces: 10
Land area: 924m2
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Exceptional Development Opportunity on 924m2.

Presenting a unique opportunity to acquire a prime land holding of 924m², available for the first time. This exceptional property offers a wealth of potential for a bright future.
Take advantage of dual street access, perfect for a boutique townhouse development, a home-based business (subject to council approval), or your dream home.
The site includes an original 3-bedroom residence, which can be renovated or retained as a land bank investment. Additionally, the property features a substantial 8-car lock-up garage.
Situated in a vibrant community, you're just a short walk from the Main Road West shopping and business strip, offering diverse dining, retail, and medical services. The property is conveniently located near St Albans Train Station and a selection of primary and secondary schools, including St Albans Primary, Sacred Heart Primary School, St Albans Secondary College, and Victoria University Secondary College. You're also moments away from the lively Alfrieda Street shopping precinct and Victoria University.
Don't miss this rare opportunity to secure a site with immense potential and a promising future.
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Property Details for 11 Ruth St, St Albans

11 Ruth St, St Albans is a 3 bedroom, 1 bathroom House with 10 parking spaces. The property has a land size of 924m2. The place is currently for sale with Douglas Kay Real Estate.

Building Type
House
Land Size
924m2

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About St Albans 3021

The size of St Albans is approximately 13 square kilometres. It has 36 parks covering nearly 8.4% of total area. The population of St Albans in 2011 was 35,091 people. By 2016 the population was 37,325 showing a population growth of 6.4% in the area during that time. The predominant age group in St Albans is 20-29 years. Households in St Albans are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in St Albans work in a labourer occupation. In 2011, 64.6% of the homes in St Albans were owner-occupied compared with 60.5% in 2016.

St Albans has 17,056 properties. Over the last 5 years, Houses in St Albans have seen a 11.34% increase in median value, while Units have seen a 17.01% increase. As at 30 November 2024:

  • The median value for Houses in St Albans is $664,769 while the median value for Units is $486,020.
  • Houses have a median rent of $450 while Units have a median rent of $440.
There are currently 158 properties listed for sale, and 43 properties listed for rent in St albans on OnTheHouse. According to CoreLogic's data, 564 properties were sold in the past 12 months in St albans.

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Justin Luciew
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Douglas Kay Real Estate
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