3/253 Wilsons RoadSt Albans Park VIC 3219
Property Details for 3/253 Wilsons Rd, St Albans Park
3/253 Wilsons Rd, St Albans Park is a 4 bedroom, 3 bathroom Unit with 3 parking spaces and was built in 1980. The property has a land size of 652m2.
Last Listing description (January 2021)
This fantastic investment opportunity is sure to draw lots of attention! The property produces $33,800 rental income per year from three tenancies and is located within 5kms of Geelong's CBD in a strong capital growth market. The three-unit site has long term tenants in possession and consists of two single bedroom units and one two-bedroom unit all on a single title.
This property also offers plenty for the value-adder with great opportunity for cosmetic improvements and potential for stronger income down the track. The astute investor can lay claim to the benefits of this ready-made income producing asset that has security, solid yields and plenty of upside! Call Patrick today to secure this rare Geelong investment opportunity!
Property History for 3/253 Wilsons Rd, St Albans Park, VIC 3219
- 28 Jan 2021Listed for Sale $700,000
- 15 Aug 2017Listed for Sale $595,000
- 05 Apr 2017Listed for Sale $595,000
Recent sales nearby
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About St Albans Park 3219
The size of St Albans Park is approximately 4.2 square kilometres. There are 9 parks, covering nearly 2.5% of the total area. The population of St Albans Park in 2016 was 4843 people. By 2021 the population was 4942 showing a population growth of 2.0% in the area during that time. The predominant age group in St Albans Park is 50-59 years. Households in St Albans Park are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in St Albans Park work in a trades occupation.In 2021, 72.60% of the homes in St Albans Park were owner-occupied compared with 73.70% in 2016.
St Albans Park has 2,356 properties. Over the last 5 years, Houses in St Albans Park have seen a 27.02% increase in median value, while Units have seen a 25.05% increase. As at 31 May 2026:
- The median value for Houses in St Albans Park is $659,127 while the median value for Units is $466,527.
- Houses have a median rent of $520 while Units have a median rent of $461.
Suburb Insights for St Albans Park 3219
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