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20 Jefferson Street, St Albans VIC 3021

$700,000 To $750,000

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$700k - $735k Transparent Transparent Listing Based on an openly advertised listing price.

Land 810 m²

Listed: 36 days ago

Overview

This rare and sizeable vacant land parcel offers approximately 810 square metres of clear, rectangular space with 20.02 metres frontage and 40.50 metres depth in a highly established St Albans location, adjacent to the sought-after Cairnlea area. Investors, builders, and home buyers can appreciate the exceptional potential of this allotment, which presents a blank canvas ideal for building a spacious family residence, land banking, or exploring multi-dwelling development opportunities subject to council approval.

Convenience is a standout factor, with the property set within easy reach of Cairnlea Town Centre, Brimbank Shopping Centre, and St Albans Train Station, providing access to vital amenities, transport, local shops, schools, Victoria University, parks, and major arterial roads. Such large blocks in this locale, especially bordering Cairnlea, are increasingly scarce, marking this as a significant offering with strong long-term prospects.

The expansive size invites creativity for those looking to create a comfortable home with ample outdoor space or embark on property development ventures that capitalize on the area's growth and accessibility. Ultimately, this land appeals to a diverse range of buyers including families seeking space to grow, developers, and investors targeting emerging precincts with solid lifestyle and infrastructural appeal.

Local Market Insights

In St Albans, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, unchanged from 2 in the prior period, with an average advertised asking price of $580,000. The property type mix of listed properties is predominantly Houses at 69%, followed by units (15%), and townhouses (8%). The most active agency for land in the St Albans area is currently Your Property Agent, representing 50% of new listings, followed by Raine & Horne with 50%. 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.