FOR SALE
$975,000 to $995,000

7 West Esplanade
St Albans VIC 3021

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LOCATION, LOCATION, LOCATION!

Welcome to 7 West Esplanade St Albans, a prime residential land opportunity in a sought-after neighborhood. This allotment boasts a generous land area of 739 sqm approximately, perfect for building townhouses/ units or investment property subject to councils' approval. Current owner has plans approved for 7 townhouses however the plans have expired.
Located in a vibrant and bustling city being within minutes walk to St Albans train station, Alfieda Street shops, Victoria University, medical clinics, local parks, this property offers endless possibilities for development (S.T.C.A).
With a price guide of $975,000 to $995,000, this property is a rare find in a desirable location. Don't miss out on this opportunity to secure a piece of prime real estate in a thriving urban setting.
For further information's contact Bojan Lojanica today on 0409 186 609 or office on 9367 9888.
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Property Details for 7 West Esp, 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 17,058 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 153 properties listed for sale, and 43 properties listed for rent in St albans on OnTheHouse. According to CoreLogic's data, 553 properties were sold in the past 12 months in St albans.

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Bojan Lojanica
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Danny Trkulja
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Raine & Horne - St Albans
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