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29 Cobham Street
St Albans, VIC 3021

$680,000 - $720,000

Search Band

$680k - $714k Transparent Listing

House 3 beds 2 baths 2 cars 570 m²

Listed: 23 hours ago

Overview

Set on a sizeable 570 square meter allotment, this adaptable property in St Albans offers a rare dual-living setup that caters to diverse lifestyle needs and investment strategies. With a front house featuring two spacious bedrooms and a centralized bathroom, the home is designed for comfort and practicality. The inclusion of a well-equipped kitchen enhances ease of daily living and entertaining.

Complementing the main residence is a private, self-contained one-bedroom unit situated at the rear. This annex includes its own kitchen and bathroom, making it suitable for extended family members, independent living, or generating rental income. This layout adds considerable flexibility, appealing to multi-generational families or savvy investors.

Beyond the immediate living spaces, the property presents exciting potential for subdivision or redevelopment, subject to council approval. This opportunity makes it attractive for developers looking to capitalize on the growing suburb’s demand.

Generous 570 sqm land size with scope for growth
Dual living arrangement with separate kitchens and bathrooms
Ideal for families needing flexibility or investors seeking multiple income streams
Conveniently located near schools, shopping precincts, and transport options
Close proximity to St Albans Primary and Secondary Colleges and Catholic Regional College
Easy access to Melbourne CBD via major roads and public transport

This property offers a blend of immediate rental appeal and long-term development potential within one of St Albans' highly sought locations, making it a compelling option for a wide range of buyers.

Local Market Insights

In St Albans, Quiet Listings observed 31 new houses entering the market over the last 30 days, up from 23 during the previous 30-day period, with an average advertised asking price of $858,194. The property type mix of listed properties is predominantly Houses at 61%, followed by land (16%), and townhouses (10%). Realty Finder Group Pty Ltd was the most active agency in this area, representing 27.5% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.