St Albans -worth buying?

Discussion in 'Where to Buy' started by qwerty13, 5th Mar, 2020.

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Would you buy in St. Albans?

  1. Yes

  2. No

Results are only viewable after voting.
  1. qwerty13

    qwerty13 Member

    Joined:
    5th Mar, 2020
    Posts:
    11
    Location:
    Melbourne
    Hi everyone,

    We are looking to buy in St. Albans - first time purchase, budget up to $650k, for investment property.

    St Albans seems to be a good balance between of stand-alone houses with a decent land size and 3 bedroom/2 bathroom, close to public transportation, close to the city (30-40min drive).

    But we are a bit concerned about the recent news regarding the toxic waste from sunshine landfills, and also new airport laneways in the future (noise maps show most of the suburb will be affected). Also some pockets are close to Kealba tip (less than 1km away).

    Will this affect prices/rentals/potential in the future?

    https://www.google.com.au/amp/s/amp...le-cancer-explosion-risk-20200228-p545g8.html
     
  2. Nhan Ho

    Nhan Ho New Member

    Joined:
    16th May, 2018
    Posts:
    4
    Location:
    Melbourne
    I would advise to buy in Brisbane for that budget if you're comfortable to do so.

    I live in Melbourne but got an IP in Brisbane, bought via a buyer agent.
     
  3. kermut

    kermut Active Member

    Joined:
    3rd Apr, 2018
    Posts:
    39
    Location:
    melbourne
    Hi Nhan.

    Do you mind sharing which buyers agent you used to buy in Brisbane?

    Regards,
    K.
     
  4. Nhan Ho

    Nhan Ho New Member

    Joined:
    16th May, 2018
    Posts:
    4
    Location:
    Melbourne
    I used Pumped On Property. Highly recommended.
     
  5. schmucky

    schmucky Active Member

    Joined:
    15th Jan, 2019
    Posts:
    32
    Location:
    Melbourne
    Check out these other threads.

    saint alban the most overrated suburb in western suburb at the moment [VIC]

    Investment St Albans 2019 Thoughts [VIC]

    I personally like the area as I grew up there and live there. Feel there may be better investment opportunities elsewhere but as a place to live close to trains and freeway for when i need to trek to work everyday. Its a great pricepoint for what you get.

    Also the market is really hot in the area atm for places in good locations. ie. near the hospital or next to St Albans station. Those properties are selling real quick...
     
  6. willister

    willister Well-Known Member

    Joined:
    1st Sep, 2015
    Posts:
    555
    Location:
    Melbourne
    Reviving an old thread but this is a funny one. Like you, I grew up in St. Albans...then I moved to Canberra and then Sydney for work, started a family and moved back to Melbourne's Eastern suburbs.

    Right now, I see prices are pretty decent but this again is a layman's guess.