SOLD
Sold on 15 Oct 2024 for $4,350,000

6-8 Townsend Road
St Albans Park VIC 3219

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 1330m2
Land area: 3579m2
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Property Details for 6-8 Townsend Rd, St Albans Park

Building Type
Commercial
Floor Size
1330m2
Land Size
3579m2
Local Government
Greater Geelong
Lot/Plan
1/LP211874

Last Listing description (May 2013)

Superb Regional Investment
* High yielding investment premises
* Substantial health care facility, 30 beds

* National tenant in place
* Lease term: 5 years from 2012 plus options
* Rental: $182,000 ave rental p/a plus CPI in years 4 and 5
* Land Area: 3,579m2 (approx)
* Ample parking and access
* Zone: 'Residential 1'

Property History for 6-8 Townsend Rd, St Albans Park, VIC 3219

A timeline of how this property has performed in the market
Last Sold
$4,350,000
15 Oct 2024
Listed for Rent
$3.74k/w
13 Jun 2012
  • 15 Oct 2024
    Sold for $4,350,000
  • 17 May 2013
    Sold for $1,900,000
  • 18 Mar 2013
    Listed for Sale $1,990,000 + GST
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About St Albans Park 3219

The size of St Albans Park is approximately 4.2 square kilometres. It has 9 parks covering nearly 2.5% of total area. The population of St Albans Park in 2011 was 4,924 people. By 2016 the population was 4,837 showing a population decline of 1.8% in the area during that time. The predominant age group in St Albans Park is 50-59 years. Households in St Albans Park are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in St Albans Park work in a trades occupation. In 2011, 74.4% of the homes in St Albans Park were owner-occupied compared with 73.7% in 2016.

St Albans Park has 2,324 properties. Over the last 5 years, Houses in St Albans Park have seen a 35.07% increase in median value, while Units have seen a 30.80% increase. As at 30 November 2024:

  • The median value for Houses in St Albans Park is $557,060 while the median value for Units is $400,266.
  • Houses have a median rent of $465 while Units have a median rent of $473.
There are currently 3 properties listed for sale, and 1 property listed for rent in St albans park on OnTheHouse. According to CoreLogic's data, 78 properties were sold in the past 12 months in St albans park.

Suburb Insights for St Albans Park 3219

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.