62 Lester AvenueSt Albans VIC 3021
Property Details for 62 Lester Ave, St Albans
62 Lester Ave, St Albans is a 5 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 697m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
Last Listing description (May 2025)
Investors and developers, take note! This expansive 5-bedroom weatherboard home sits on a generous 697m allotment, offering incredible potential for redevelopment, subdivision, or future capital growth (Subject to council approval). Located in a prime position, this property represents an outstanding opportunity for those looking to capitalize on the high-demand market.
The spacious residence provides ample scope for renovation or redevelopment, featuring five generously sized bedrooms, front living spaces, and period charm throughout. Whether you're looking to hold for rental returns or unlock the full value of the land, this property offers flexibility and promise.
The sizeable 697m block, with its wide frontage and excellent site dimensions, is ideal for multi-dwelling development or a knockdown rebuild (subject to council approval). Positioned in a sought-after location, this property is just moments from schools, parks, shopping, and public transport, making it highly appealing to future homeowners or tenants.
Property History for 62 Lester Ave, St Albans, VIC 3021
- 06 Mar 2025Listed for Sale $645,000
- 06 Mar 2025Sold for $645,000
- 01 Oct 2024Listed for Sale $650,000 to $699,000
Recent sales nearby
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0About St Albans 3021
The size of St Albans is approximately 13.0 square kilometres. There are 36 parks, covering nearly 8.4% of the 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 17,242 properties. Over the last 5 years, Houses in St Albans have seen a 10.11% increase in median value, while Units have seen a 20.39% increase. As at 31 May 2026:
- The median value for Houses in St Albans is $731,405 while the median value for Units is $547,329.
- Houses have a median rent of $500 while Units have a median rent of $450.
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