I love St Albans, I use to live there for a couple years. I still love it with its good and bads.
- Around St Albans Alfreida St -> Good Land sizes that you can sub divide.
but apparently some bikie gang has moved in at the residential end of that street (massive group) - stay clear.
- Around Main Road West and Main Road East, Good big block opportunities to divide up and create townhouses. Just make sure you screen your potential renters properly!
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Furlong Rd & Ginifer station Area -> Ok area, just make sure you got roller doors and windows, security system, gate/fenced - preferrably a dog. and your ok.
Around Browns Ave - Off of Furlong rd -> Where I use to live - LOVE IT, not as bad as other St Albans Areas, quiet, still have good security and Rollers.
Avoid Denton Ave Area.
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St Albans Rd & Furlong Rd, Mulhall rd & Main Rd section, Ok for growth. just look for big blocks you can sub divide. - as this area is clear from the Ginifer Station Train Road Problem.
I personally wouldnt purchase for investment. price wont move for a long time,
It was around 200K average, around 2002 up to Kevin Rudd got into Parliament, then it shot right up to 500K (alfrieda st area) then deflated back down under 400K, even 50% in certain areas.
- Id look for weatherboards houses and big land. If you insist on purchasing in St Albans though.