FOR SALE
$1,050,000 - $1,150,000

30 Elizabeth Street
St Albans VIC 3021

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Prime Development Opportunity on 1010m² in St Albans with Approved Plans for 4 Townhouses

Seize the opportunity to develop in one of St Albans' most sought-after locations. This substantial 1010m² (approx.) parcel of land comes with approved plans and permits for the construction of four contemporary townhouses, streamlining the development process and ensuring a quick start to your project.
The plans feature thoughtfully designed residences, perfectly catering to the demands of modern living. Each townhouse is designed to maximize functionality and style, promising strong appeal to future homeowners or investors.
This expansive 1010m² (approx.) block of land offers an incredible chance to develop in a prime location. Situated in a thriving neighbourhood, it is conveniently close to local schools, shopping centres, parks, and public transport. The property is in a high-demand area with excellent future rental or resale potential.
Strategically positioned, this site is ideal for developers looking to capitalise on the growing demand for quality housing in St Albans. With all the hard work already done, you can focus on bringing this exciting vision to life. Don't miss this rare opportunity to secure a ready-to-develop site with enormous potential. Contact us today to discuss further details.
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Property Details for 30 Elizabeth St, St Albans

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Land

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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 181 properties listed for sale, and 51 properties listed for rent in St albans on OnTheHouse. According to CoreLogic's data, 541 properties were sold in the past 12 months in St albans.

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Zole Elali
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Bailey Chircop
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Ray White Caroline Springs
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