2/44 Avondale Avenue, St Albans VIC 3021

2/44 Avondale Avenue, St Albans VIC 3021
This is a three-bedroom, three-bathroom townhouse with two car spaces on a 193-square-metre lot. The three-bathroom configuration is a premium feature that sets it apart from most townhouses in St Albans, which typically offer two. The property is finished with stone benchtops, an island bench, floorboards, split-system air conditioning, built-in robes, and an alarm system. The three-bathroom layout is competitively strong and rare for a townhouse in this suburb, making it a standout for families who value multiple private bathrooms or those considering a housemate arrangement. It is positioned as a premium, low-maintenance option within a residential area that is a mix of older houses and newer townhouse developments. The property serves best buyers seeking a modern, move-in-ready home with a secure, fully fenced yard and an outdoor entertainment area, without the upkeep of a larger standalone house. The presence of a flood overlay on the property is a factor that might affect insurance costs and could influence long-term value, though it does not necessarily preclude development or use. The 2017 sale price of $256,000 to the current value range suggests significant appreciation, but the buyer should weigh if this growth is sustainable given the townhouse type and lot size. The property’s pet-friendly designation may broaden its appeal, but the smaller lot could limit expansion or outdoor space preference.
Detailed Independent Property Report prepared  by PropCred Analyst team for 2/44 Avondale Avenue, St Albans VIC 3021
Checks found:
Value Risk ✓
Liquidity Risk ✓
Planning Risk ✕ 2
Income Risk ✕ 2
Execution Risk ✓
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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

3

Bathroom

3

Parking

2

Land

193m²

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