2/10 Camdale Parade, St Albans VIC 3021

2/10 Camdale Parade, St Albans VIC 3021
2-bedroom brick unit | St Albans | single lockup carport | spacious rooms with built-in robes This property presents a straightforward buying case for the price-conscious owner-occupier or investor targeting the lower end of the St Albans market. The large bedrooms with built-in robes and the open-plan kitchen with gas cooking are functional advantages over many competing units in this bracket, while the split system and ducted heating ensure year-round comfort without retrofit cost. The single lockup carport is a genuine differentiator in this price segment, where on-street parking is common. This unit suits a first-home buyer seeking a solid, low-maintenance footprint or an investor after a reliable rental yield in a neighbourhood with steady demand. The primary risk is the lack of recent comparable sales data to validate the price guide, meaning the buyer must rely on their own due diligence from the building and pest report and current market feel. The 2014 last sale date provides no useful benchmark. The opportunity lies in the property being one of several active listings, which may create negotiating room if the vendor is motivated. The floating floorboards and window dressings being included reduces immediate move-in costs, a small but practical edge in a competitive but not tight market.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/10 Camdale Parade, St Albans VIC 3021
Checks found:
Value Risk ✓
Liquidity Risk ! 1
Planning Risk ✕ 2
Income Risk ! 1
Execution Risk ! 1
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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

Bedrooms

2

Bathroom

1

Parking

1

Land

182m²

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