5 Garfield StreetSt Albans VIC 3021
Property Details for 5 Garfield St, St Albans
5 Garfield St, St Albans is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 797m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 4 bedroom House sold in St Albans in the last 12 months.
Last Listing description (July 2024)
Bring your tools! Ideal option for the savvy investor or developer This home consists of 4 bedrooms, central bathroom, a spacious formal lounge, kitchen with dining area. All set on a large rectangular allotment with generous proportions of approx. 797m2 with a wide 20.1 meter frontage, providing plenty of future options. A prudent investment with high-yielding rental potential or options to redevelop now or in the future with plans and permits ready for 3 luxury townhouses. Being only a short distance from Alfrieda Street shopping precinct, Brimbank shopping centre, St Albans station, Victoria University, and numerous primary & secondary schools. This property offers unlimited future potential investment and development. Roll up your sleeves, minor works, can see this property rented for approximately $450 - $500 per week subject to leasing conditions at that time. Don't miss out!
Disclaimer: Please note that the photos are for display only and do not reflect the current condition of the property. These photos are from a previous time and currently tenanted. Prospective purchasers are requested to take such action as is necessary to satisfy themselves of any pertinent matters.
Property History for 5 Garfield St, St Albans, VIC 3021
- 30 Jul 2024Sold for $720,000
- 07 Mar 2024Listed for Sale UNDER OFFER
- 17 Apr 2023Listed for Sale Contact Agent
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0About 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.
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