58 Lester Avenue, St Albans VIC 3021
58 Lester Avenue, St Albans VIC 3021
3 bed house on 697m² lot | 4 car spaces standout | School zone appeal | Clean overlays, residential zoning | 33% site coverage. This three-bedroom house on a 697sqm block suits families needing space for vehicles and proximity to local schools. The generous land size at nearly 700sqm provides ample room for extensions or outdoor living, setting it apart from tighter lots in the immediate streets. With four car spaces including garage and open parking, it caters practically to multi-car households common in this family-oriented pocket. Its position in the St Albans East Primary and St Albans Secondary catchments draws buyers prioritising education without compromise. At 33% building coverage on 227sqm of built area, the site leaves flexibility for future development while maintaining low-density appeal. Properties like this with larger blocks and clean overlays tend to hold steady in St Albans market cycles, attracting owner-occupiers over investors. Similar homes on 600m²-plus lots show resilient values, buoyed by demand from growing families. Long-term, the residential zoning and elevation at 72m support enduring holding value amid local infrastructure gains. Reliable NBN and 5G coverage adds modern functionality without the risks of overlays.
Detailed Independent Property Report prepared by PropCred Analyst team for 58 Lester Avenue, St Albans VIC 3021
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
St Albans is a well-established western suburb attracting strong demand from first-home buyers and investors due to its relative affordability and proximity to the CBD. House prices typically sit in the mid-$600k range, supported by redevelopment potential and strong population growth in Melbournes west. Demand is driven by rail access, local shopping centres, and multicultural community infrastructure. The suburb continues to see increasing redevelopment into townhouses and dual occupancies.
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PropCred Estimated Value
Bedrooms
3
Bathroom
1
Parking
4
Land
697m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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