4/36 Andrea Street, St Albans VIC 3021
4/36 Andrea Street, St Albans VIC 3021
This three-bedroom townhouse occupies a 137-square-metre lot. It has one bathroom and a separate toilet, two car spaces (secure garage plus open spot), a modern kitchen with stone benchtops and stainless appliances, floorboards in living areas, heating and air conditioning throughout, an undercover decked entertaining area, and a split-level layout with bedrooms upstairs. The building dates from the mid-2010s.
The property’s modern finishes and split-level layout are considered uncommon among older units in St Albans, giving it a fresh, low-maintenance appeal. Its location near the train station and university is well suited for first-home buyers or investors targeting commuter and student rental demand. The undercover deck and secure parking are regarded as practical advantages over typical older stock. Within the suburban market, this townhouse is positioned as a newer, higher-spec option that competes with other medium-density developments, particularly for those seeking a turnkey home without the maintenance of a larger house. The efficient use of a compact lot is seen as a strength for buyers prioritising location over land size.
The single bathroom may be considered a limitation for some families, potentially narrowing the buyer pool. The compact lot might not suit those wanting a larger outdoor area. The local school catchment, without prestige options, could be a factor for families. These aspects are worth weighing, but the modern condition and location may offset such considerations.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/36 Andrea Street, St Albans VIC 3021
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
1
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
3
Bathroom
1
Parking
2
Land
137m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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