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38 View Street, St Albans VIC 3021

$750,000 - $785,000

Search Band Search Visibility Band

$750k - $800k High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 4 Cars 608 m²

Listed: 7 days ago

Overview

Set on a substantial 608 square metre allotment in the well-established suburb of St Albans, this weatherboard residence offers a blend of comfort and opportunity for renovators, investors, and families alike. The generous land size provides scope for future development subject to local council approval, making it a compelling choice for those looking to add value.

Inside, the home presents three well-sized bedrooms with built-in wardrobes in two, complemented by a spacious lounge featuring polished timber floors and reverse cycle air conditioning, ensuring comfort year-round. The functional kitchen and adjoining dining area support family living and everyday convenience, while a centrally placed bathroom with a bathtub caters to household needs.

Outside, the covered verandah provides a relaxing vantage point over the generous backyard — ideal for outdoor activities or entertaining. A notable feature is the large garage area that offers ample space for multiple vehicles as well as potential use as a workshop or storage, enhancing the functional versatility of the property.

Investors will appreciate the property's existing rental income secured under a fixed lease until August 2027, offering steady returns with compliance assured. Its location also adds significant value, being near local schools, shopping precincts, St Albans Station, public transport, and key arterial routes like the Western Ring Road, enhancing convenience and lifestyle possibilities.

Reverse cycle heating and cooling for year-round comfort
Polished timber floorboards throughout living areas
Covered outdoor verandah overlooking a spacious backyard
Substantial garage accommodating multiple vehicles or workshop space
Currently leased with stable rental income and compliance
Close proximity to amenities supports a connected lifestyle

This residence stands as a versatile offering suited to a wide range of buyers — from young families seeking a comfortable home with room to grow, to savvy investors capitalizing on the rental yield and redevelopment potential. Its classic charm combined with strategic location underscores both lifestyle appeal and long-term value.

Local Market Insights

In St Albans, Quiet Listings observed 24 new houses entering the market over the last 30 days, unchanged from 24 in the prior period, with an average advertised asking price of $762,917. The property type mix of listed properties is predominantly Houses at 69%, followed by units (15%), and townhouses (8%). The most active agency for houses in the St Albans area is currently Harcourts, representing 25% of new listings, followed by Barry Plant with 17%. 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.