2/36 Mcleod Road, St Albans VIC 3021

2/36 Mcleod Road, St Albans VIC 3021
Solid brick townhouse | dual-car driveway | no overlay risk | 5m ceiling height | school catchment advantage This freestanding townhouse presents a rare configuration for St Albans, combining solid brick construction with a private driveway and two dedicated car spaces โ€” features increasingly scarce in modern infill developments. The 5-metre roof height and light-filled open plan layout offer a genuine point of difference for downsizers seeking single-level comfort without strata constraints. For first-home buyers, the absence of bushfire, flood, or heritage overlays removes common approval and insurance hurdles, while the zoning for Stevensville Primary and Copperfield College adds medium-term buyer pool depth. The property sits best for those prioritising low-maintenance living with genuine separation from neighbouring units, given the 59% building coverage leaves usable outdoor space. The primary risk is the price gap between the $580,000โ€“$630,000 range and the 2021 purchase price of $550,000, which may indicate the market has already priced in recent growth. Buyers should verify whether the current asking reflects genuine comparable sales or vendor expectation. The open car spaces, while practical, lack covered security โ€” a consideration for investor buyers targeting the $450โ€“$525 weekly rental bracket. On opportunity, the 279mยฒ lot with detached positioning offers future potential for minor subdivision or extension, subject to Brimbank Council’s residential zoning. The NBN Hybrid Fibre Coaxial and 5G coverage support remote work viability, though fibre-to-the-premises would strengthen the long-term appeal.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/36 Mcleod Road, St Albans VIC 3021
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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

2

Parking

2

Land

279mยฒ

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