3/54 Henry Street, St Albans VIC 3021

3/54 Henry Street, St Albans VIC 3021
Large 769m2 townhouse site | No overlay constraints | Broad buyer pool | School-zoned St Albans The townhouse is situated on a notably large 769m² site, considered a rarity for this property type. Its position within a residential zone with no bushfire, flood, or heritage overlays provides flexibility for use or future modifications. The property is zoned to St Albans North Primary School and St Albans Secondary College, making it well-suited for families seeking educational continuity. A broad range of buyers is typically attracted to this combination, including owner-occupiers, first-home purchasers, and investors. The presence of fibre-to-the-premises NBN and 5G coverage supports modern lifestyle needs. The unknown internal condition and finishes might affect how the townhouse is perceived relative to similar offerings. The large land area may present subdivision or redevelopment opportunities, but these are subject to council approval and local planning policies. For investors, rental yield might be an important consideration. These factors could influence the price a buyer is prepared to offer.
Detailed Independent Property Report prepared  by PropCred Analyst team for 3/54 Henry Street, St Albans VIC 3021
Checks found:
Value Risk 2
Liquidity Risk ! 1
Planning Risk 2
Income Risk ! 1
Execution Risk 2
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St Albans VIC 3021

St Albans presents as a well-connected, established suburb experiencing robust capital growth, particularly in its unit market. Demand is driven by a broad demographic seeking relative affordability within Greater Melbourne, supported by strong rental growth. Recent conditions show a consistently active sales market with solid price appreciation across both houses and units. Future growth is underpinned by this sustained demand, though variable selling periods and a moderate auction clearance rate indicate some sensitivity to broader market conditions.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

769m²

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Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst