20 Mcleod Road, St Albans VIC 3021
20 Mcleod Road, St Albans VIC 3021
This is a single-story, four-bedroom house on approximately 604 square metres of land with one bathroom and a single car space. Two bedrooms include built-in robes. The property is an established home in a mature residential street.
The property’s clear competitive advantage is its land size, which is consistent with neighbouring blocks and provides genuine space for a family. Its four-bedroom configuration is practical, offering separation for children or guests, while the single-story layout appeals to those seeking accessibility. The property sits in an established, quiet residential pocket of St Albans, an area characterised by family-oriented housing and consistent lot dimensions. It is best suited to buyers who prioritise land and internal space over modern finishes or multiple bathrooms, such as young families or those seeking a solid entry point into the suburb.
The single car space is a material constraint in a street where two spaces are common, which may influence buyer perception. The single bathroom, while standard for the property’s age, could limit appeal for larger families or those seeking convenience. The established building age means potential for renovation or extension, but also implies possible upkeep requirements. Buyers might weigh these factors against the land size and location, forming a view on whether the property offers sufficient value for its configuration.
Detailed Independent Property Report prepared by PropCred Analyst team for 20 Mcleod Road, St Albans VIC 3021
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
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
Bedrooms
4
Bathroom
1
Parking
1
Land
604m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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