40 Theodore StreetSt Albans VIC 3021
Property Details for 40 Theodore St, St Albans
40 Theodore St, St Albans is a 3 bedroom, 1 bathroom House. The property has a land size of 1119m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 3 bedroom House sold in St Albans in the last 12 months.
Last Listing description (September 2025)
Set on an enormous 1,119m² (approx.) allotment in the heart of vibrant St Albans, this rare offering presents an exceptional opportunity for developers and investors. While there is an existing dwelling at hand, the real value lies in the land size and location – making it the perfect site to unlock future potential.
Massive 1,119m² (approx.) allotment – one of the largest in the area
Existing 3-bedroom, 2-bathroom home
Flat, rectangular block – ideal for multi-unit redevelopment (STCA)
Zoned General Residential – strong scope for future growth and flexibility
Moments to St Albans station, shops, schools & freeway access
With properties in this location rapidly appreciating and large blocks becoming increasingly scarce, 40 Theodore Street represents a golden chance to secure a strategic position in one of Melbourne's most evolving suburbs.
Whether you choose to renovate, lease, land bank, or redevelop – this is a property that will reward you now and into the future.
Location Highlights:
- 500m to St Albans train station
- Nearby to Keilor Plains train station
- Close to Alfrieda Street shops and dining
- Close to Brimbank Aquatic and Leisure Centre
- Walking distance to schools, parks, and medical centres
- Just 17km (approx.) from Melbourne CBD
*Inspections By Appointment Only or Advertised Times*
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Property History for 40 Theodore St, St Albans, VIC 3021
- 18 Sep 2025Sold for $940,000
- 12 Aug 2025Listed for Sale $940,000
Recent sales nearby
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About St Albans 3021
The size of St Albans is approximately 13.0 square kilometres. It has 36 parks covering nearly 8.4% of total area. The population of St Albans in 2016 was 37309 people. By 2021 the population was 38042 showing a population growth of 2.0% in the area during that time. The predominant age group in St Albans is 20-29 years. Households in St Albans are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Albans work in a labourer occupation.In 2021, 59.10% of the homes in St Albans were owner-occupied compared with 60.50% in 2016.
St Albans has 17,209 properties. Over the last 5 years, Houses in St Albans have seen a 19.69% increase in median value, while Units have seen a 23.82% increase. As at 30 November 2025:
- The median value for Houses in St Albans is $731,875 while the median value for Units is $537,016.
- Houses have a median rent of $480 while Units have a median rent of $440.
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