31 Walmer Ave, St Albans, VIC 3021
- 4
- 1
For Sale
$870,000-$900,000
Prime Dual-Income Opportunity - 31 Walmer Avenue, St Albans Position, Potential & Income - All in One
Set on a generous allotment in one of St Albans' most convenient pockets, 31 Walmer Avenue presents an outstanding opportunity for investors, large families, or developers (STCA). This unique property offers not only a solid and spacious main residence but also a fully self-contained rear unit comprising three individual studio apartments, ideal for rental income or extended family living.
Main Residence Features:
4 spacious bedrooms with built-in robes
Light-filled living area with hardwood floors
Well-appointed kitchen with ample cabinetry and adjoining meals area
Central bathroom and separate laundry
Secure off-street parking and established front garden
Rear Unit with 3 studio
Each studio is self-contained with a kitchenette and bathroom
Separate entrances for privacy and convenience
Excellent rental return potential or perfect for multi-generational living
Additional Highlights:
Approx. 698m² land
Wide driveway access
Prime location near Alfrieda Street shops, St Albans train station, local schools, and parks
Potential for further development or subdivision
Whether you're looking to invest, live and lease, or explore development options, this property delivers exceptional flexibility and value.

Tracy Dang
Property Manager

Jack Doan
Property Manager
Got a property to sell? Contact us for a free Request Appraisal
Property Info:
- Property ID: L35969134
- Property Type:House
- Land Area:698 sqm
We Know Your Area

R&H Suburb Summary | Houses |
---|---|
Number of sales | 396 |
Average Price | $677,677 |
Median Price | $660,000 |
Median Rental Price | $470 p.w. |
Change in Rental Rate (5yr) | 31 % |
R&H Suburb Summary | Units |
---|---|
Number of sales | 186 |
Average Price | $512,925 |
Median Price | $517,500 |
Median Rental Price | $442.5 p.w. |
Change in Rental Rate (5yr) | 30 % |
Median Trend - $660,000
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