St Albans

POSTAL CODE: VIC, 3021
HOUSE
UNIT
ST ALBANS ranks 223rd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 7.63% for the past year is higher than average compared to its 17.5% growth within a five-year period.

Also in ST ALBANS, the median home price is sitting at $705,000, and the average rent at $480, this suggests property owners could potentially earn a 3.54% increase in gross rental yield.

Property investors have seen a 2.17% gain in ST ALBANS based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.49% growth over a ten-year period. It ranks 3000th on our list of suburbs that property investors should look into.

Surburb overview

St Albans, bearing the postcode 3021, is a suburb located approximately 17 kilometres north-west of Melbourne's Central Business District (CBD).  As of the 2021 census, it has a population of 38,042 residents. 

The suburb has a diverse demographic including young professionals, families, and retirees. Most of the population comprises couples with children, reflecting a family-friendly environment. 

Public transportation in St Albans is well-developed, offering residents convenient access to various parts of Melbourne. The suburb is serviced by three train stations on the Sunbury line: Ginifer, St Albans, and Keilor Plains, facilitating easy travel to and from the CBD and surrounding areas.  Additionally, numerous bus services operate through St Albans, providing further connectivity options. 

St Albans has various essential establishments, including educational institutions, healthcare facilities, and shopping centres. The suburb boasts a variety of cafes, restaurants, and boutique shops, contributing to a vibrant local economy.  The leading commercial and shopping precincts are Main Road West, Main Road East, Alfrieda Street, the railway station, and East Esplanade. 

Recreational activities are abundant in St Albans, with numerous parks and green spaces available for public use. The picturesque Brimbank Park provides walking, picnicking, and outdoor sports opportunities.  Additionally, the suburb's proximity to the Kororoit Creek Trail offers residents access to walking and cycling paths, catering to active individuals seeking to maintain a healthy lifestyle. 

St Albans' blend of urban convenience and community-oriented living makes it a desirable location for diverse residents.

You’re out of free articles for this month
Loading form...