FOR SALE
3 times the investment

29, 31 Gertrude, And 4 James Street
St Albans VIC 3021

Bedrooms: 7
Bathrooms: 3
Car spaces: 3
Floor area: 748m2
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SUBDIVISION POTENTIAL

This is your chance to secure your future income, 2 x 2-bedroom villa units fronting Gertrude Street plus a 3 bedroom home facing James Street all on a substantial site of 748m2 approximately
The existing home offers a bright, spacious lounge with polished hard wood timber floors, sunlit kitchen with meals area as well as three bedrooms, central bathrooms, high ceiling, gas heating and air conditioning. Each of the villas comprise of 2 bedrooms, central bathroom, kitchen with meals area, rear courtyard and lock up carports. Currently leased to quality tenants for approximately $56,676 per annum
Located in a popular pocket of St Albans only minutes from St Albans central with its array of retail shops, major banks, restaurants, cafes, St Albans Station, Western Freeway, Sunshine Hospital, St Albans Primary, Secondary Schools & Victoria University.
Outstanding options to occupy and invest, with future redevelopment potential, in an outstanding location.
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Property Details for 29, 31 Gertrude, And 4 James Street, St Albans, VIC 3021

29 31 Gertrude And 4 James Street St Albans VIC 3021 is a 7 bedroom, 3 bathroom House with 3 parking spaces. The property has a floor size of 748m2. The place is currently for sale with Ray White St Albans.

Building Type
House
Floor Size
748m2

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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 17,046 properties. Over the last 5 years, Houses in St Albans have seen a 11.92% increase in median value, while Units have seen a 17.50% increase. As at 31 October 2024:

  • The median value for Houses in St Albans is $660,234 while the median value for Units is $478,909.
  • Houses have a median rent of $450 while Units have a median rent of $430.
There are currently 180 properties listed for sale, and 51 properties listed for rent in St albans on OnTheHouse. According to CoreLogic's data, 537 properties were sold in the past 12 months in St albans.

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Lam Nguyen
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Shaun Marijanovic
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Ray White St Albans
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