4/20 Ruth Street, St Albans VIC 3021

| Modern townhouse | St Albans station walkable | 3-bed strata | Low-maintenance outdoor entertaining | Strong rental yield potential | This unit offers a rare combination of modern specification and practical location for the St Albans market. The 102-square-metre internal layout with two secure car spaces and a substantial outdoor entertaining area positions it well above typical strata stock in this price band. For an owner-occupier seeking a lock-and-leave family home within walking distance of train and shops, the configuration is competitive. The grey water system and low-maintenance gardens reduce ongoing costs, while the absence of bushfire, flood, or heritage overlays simplifies due diligence. The property serves best a buyer who values immediate liveability and a short commute over land content. The primary risk is the strata title itself: the 184-square-metre land area is shared, limiting capital appreciation relative to a house. The 2022 purchase at $575,000 and subsequent 12–14% growth to current estimates suggest the unit has tracked suburb averages, not outperformed. Rental yield at $515–$565 per week (4.2% gross) is solid but not exceptional for the area. The opportunity lies in the gap between current price guides and the median estimate,a disciplined buyer may negotiate toward the $640,000 mark, improving entry yield and downside protection. Hold this property for steady rental income or as a cost-effective owner-occupied base; do not expect above-market land appreciation.