1/82 Helen Street, St Albans VIC 3021
1/82 Helen Street, St Albans VIC 3021
4 bed, 3 bath, 2 car townhouse | modern finish throughout | family-sized layout in a service-rich suburb | low-maintenance courtyard | strong rental appeal
This townhouse holds a clear competitive edge for St Albans. The four-bedroom, three-bathroom configuration with a double garage is uncommon in the local townhouse market, where two and three-bedroom units dominate. That extra space and the higher specification—stone benchtops, timber flooring, double-glazed windows—position it as a premium, move-in-ready option for families who want the convenience of a new build without the wait. It also suits downsizers seeking single-level practicality across multiple floors, or investors chasing strong rental demand from small families and professionals who value the proximity to the station, schools, and shopping precincts. The private courtyard and secure parking add genuine everyday usability.
The value picture may be shaped by how the market weighs its modern presentation against the absence of a large land component. Townhouses in this suburb typically trade on condition and layout rather than land size, and this one offers both in spades. The multi-level design might not suit every buyer, particularly older downsizers, and the lack of a confirmed aspect means natural light and outlook should be checked in person. The mixed streetscape, with older houses nearby, could either soften or support the perceived premium depending on the immediate block. Rental yield appears reasonable for the format, and the low-maintenance appeal should hold buyer interest steady.
|| Comparable Sales: 1/8 Helen Street sold around $620,000–$680,000 guide; 78 Helen Street house sold $670,000 | Property Price Band: $680,000–$780,000 | Value Drivers: modern condition, four-bedroom layout, double garage and low-maintenance courtyard
Detailed Independent Property Report prepared by PropCred Analyst team for 1/82 Helen Street, St Albans VIC 3021
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
Execution Risk
2
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Market Insight
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
Comparable Sales: 1/8 Helen Street sold around $620,000–$680,000 guide; 78 Helen Street house sold $670,000 | Property Price Band: $680,000–$780,000 | Value Drivers: modern condition, four-bedroom layout, double garage and low-maintenance courtyard
Bedrooms
4
Bathroom
3
Parking
2
Land
641m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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