42 Albert Crescent, St Albans, VIC 3021 sold on 30 June 2025 | OnTheHouse
SOLD
Sold on 30 Jun 2025 for $1,820,000

42 Albert Crescent
St Albans VIC 3021

Bedrooms: 8
Bathrooms: 8
Car spaces: 2
Floor area: 79m2
Land area: 460m2
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Property Details for 42 Albert Cres, St Albans

42 Albert Cres, St Albans is a 8 bedroom, 8 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 460m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 8 bedroom House sold in St Albans in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
79m2
Land Size
460m2
Local Government
Brimbank
Lot/Plan
9/LP31290

Last Listing description (August 2025)

Industry-leading luxara.living Managed Investment Opportunity at 42 Albert Crescent, St Albans

Discover an exceptional investment opportunity with luxara.living, a premier multiple-income property (MIP) designed for modern, high-yield investing. You may have seen the rest, but now check out the best! This newly constructed, purpose-built property is comprised of 8 luxurious, self-contained 1-bedroom suites, each with its own kitchen, bathroom and living area, offering tenants the ultimate in privacy, comfort and luxury in a AAA location.

Key Property Features:

8 Individual Suites: Each suite features a living room with a kitchen and a separate bedroom with a private, fully tiled ensuite, creating a self-contained living experience for every tenant.

Communal Amenities:

A thoughtfully designed communal kitchen invites tenants to connect and unwind, enhancing the community feel while ensuring privacy remains paramount.

Premium Finishes:

Meticulously crafted with top-quality construction materials and finishes, every detail reflects luxara.living's commitment to offering tenants a first-class experience of excellence.

Secure Parking:

Two designated car parks offer convenience and peace of mind.

Projected Rental Return:

*Under Luxara Livings expert management, rental income is estimated to reach approximately $180,000 per annum, maximising returns through our proven approach to tenant satisfaction and occupancy optimization, which is equated to around 10% per annum, or $180,000, positioning this as a unique high-return quality investment.

Completion Timeline:

Anticipated completion before Christmas, with early New Year settlementideal for investors looking to start 2025 with a robust income-generating asset.

Why choose luxura.living?
luxara.living properties are renowned for delivering luxurious, stable, and high-yield investment returns in Melbournes thriving suburbs. Our commitment to meticulous property management, innovative tenant engagement, and premium-quality design ensures a seamless and rewarding experience for both investors and residents.

What's on offer here is:
Mitsubishi air-conditioner in each suite
Self-contained kitchens and bathroom
Floor-to-ceiling tiles in all bathrooms
All floors are tiled for water protection
Switchboard to each room
Semi-solid doors to each main entry
Construction of brick all the way up, including second-level
Solar hot water
Washer and dryer provision for coin-operated in communal kitchen area with external vent provisions.
Study nooks
Double glazed
Electronic entry door
Cat six cables to each room
Showers plumbed from the roof
Stone top throughout
All internal walls have been soundproofed, insulated

The St Albans area offers convenient access to public transport, shops, and amenities, appealing to a comprehensive professional tenant demographic while ensuring sustained rental demand.

This unique, multiple-income property model is ideal for investors seeking dependable cash flow, premium construction, and a low-maintenance asset.

Dont miss this rare opportunity to add a luxara.living managed asset to your portfolio. Contact us today to secure your investment in this high-demand location before the end of the year!

If you'd like a copy of our Rental Demand Report on St Albans, send an enquiry, and we'll be sure to forward it to you. It's fascinating reading!

You can make an offer 24/7 by copying and pasting this link: https://www.realestatebestoffer.com.au/make-an-offer-42albertcrescentstalbans

*Disclaimer: The projected rental return is an estimate based on current market conditions and assumptions about occupancy and rental rates under Luxara Livings management. This projection is provided as a guide only and does not constitute a guarantee of actual performance. Individual circumstances, market fluctuations, and property-specific factors may impact the actual rental income. Prospective investors are encouraged to seek independent advice and conduct their own due diligence.

Property History for 42 Albert Cres, St Albans, VIC 3021

A timeline of how this property has performed in the market
Last Sold
$1,820,000
30 Jun 2025
Listed for Rent
05 Feb 2019
  • 30 Jun 2025
    Sold for $1,820,000
  • 02 May 2025
    Listed for Sale $1,800,000
  • 25 Nov 2024
    Listed for Sale $1,800,000
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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 17,205 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.
There are currently 91 properties listed for sale, and 44 properties listed for rent in St albans on OnTheHouse. According to Cotality's data, 767 properties were sold in the past 12 months in St albans.

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Scott Banks Real Estate Group
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.