Ray White St Albans Vic

Ray White St Albans Setting Records

Located on a prime corner in Main Road East, Ray White St Albans continues to be the market leader in the area and constantly setting new records in St Albans

We continue to achieve outstanding results, one in particular, 80 Alfrieda Street St Albans has set the record for St Albans for years to come, selling at auction in February 2017 for $1,810,000 which was $610,000 above reserve price and equates to nearly $3,000/m2 for the 613m2 site


The Ray White network comprises 1000 individually owned or operated offices throughout Australasia with some 11,000 staff. The company’s brand is the most frequently searched real estate brand on Google and their website attracts a whopping 420,000 visitors each month.
 
According to Director Shaun Marijanovic, “being part of Australia’s largest real estate group Ray White, allows us to build on our service levels and to achieve the best possible results for our customers.”
 
Mr Marijanovic stated that Ray White has been in property since 1902 so they have got to be doing something right, there are offices throughout Australia and Austrasia and going from strength to strength
 
The Internet has revolutionised the way we all go about our work and everyday life, he says. For real estate today this has meant that, “buyers and sellers want more information and expert analysis. We believe that our ability to provide this as a Ray White Office will sets apart in Melbourne’s West,” says Mr Marijanovic.
 
“We have greater access to industry intelligence and faster, better training and processes at our fingertips, to provide premium information service to our customers.”
 
“This investment in training, infrastructure and systems generates better access to greater knowledge,” he says.

The property market in Melbourne’s West is a happening place, one Mr Marijanovic believes can only continue to surge ahead, courtesy of the government’s investment into roads and rail infrastructure and the availability of schools and shopping amenities. In particular, the Sunshine Hospital redevelopment, the removal of the railway crossings at Main Road and Furlong Road, together with historical low interest rates has seen property in the St Albans are increase as much as 50% in two years for some properties.


“Buyers can get a decent house on a large block close to shops, train, schools, medical facilities for $500,000 –$ 550,000”  A home  in an equivalent location in the Eastern and South Eastern Suburbs would cost over $1,000,000.
  
Brick veneer and weatherboard homes on substantial sites are being bought by developers/.investors and individuals with a view of either redeveloping the land into 3 or 4 units or in some cases keeping the existing home and building a unit at the rear, these lots are usually 650m2 to 800m2, he says.


Such generous block sizes reflect the 60s predilection for the quarter acre block– “they are now few and far between with new house lots typically being 400-500m2,” he says.


“We have found that the highest demand has been for property with potential, for example, a house on a big parcel of land, corner blocks and run down homes in need of renovation. Buyers are recognising development potential, some property owners are even preparing development plans to aid a sale and potentially increase the price,” says Mr Marijanovic.
 
As for the immediate state of play, St Albans has been booming since 2014 and continues in 2017, we have sold property in some cases within months of purchase for substantially more. A couple of examples include; 309 Main Road East St Albans which was sold for $940,000 in May 2015 by a local agent and resold by Ray White for $1,400,000 in October 2015, that is a whopping 48% increase in 5 months. Another example is 78 East Esplanade St Albans which again was sold by a local agent in November 2015 for $360,000 and resold by Ray White in February 2016 for $480,000 that is a 33% increase in 4 months.

Ray White continues to achieve outstanding market leading sales results and will continue for the next 115 years.

Should you require any additional information or a confidential discussion please contact Shaun on

Mobile              0418 352 888 or

Office               9366 1144

Email                shaun@raywhite.com

Address            308 Main Road East St Albans.


Most recent or updated property listings from St Albans Vic

Details
3 Beds
1 Baths
2 Parking
33 Rhodes St
St Albans, VIC
Solid Investment…
1757966
33 Rhodes Street St Albans VIC 3021 AUS
-37.755889 144.804920
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3 Beds
2 Baths
1 Parking
2/75 Walmer Ave
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1757169
75 Walmer Avenue St Albans VIC 3021 AUS
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3 Beds
1 Baths
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11 Majorca St
St Albans, VIC
Opposite Sunshine Hospital
1716953
11 Majorca Street St Albans VIC 3021 AUS
-37.759549 144.814698
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11 Majorca St
St Albans, VIC
Opposite Sunshine Hospital
1746899
11 Majorca Street St Albans VIC 3021 AUS
-37.759549 144.814698
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3 Beds
1 Baths
8 Parking
48 Leslie St
St Albans, VIC
First Time On The Market
1758195
48 Leslie Street St Albans VIC 3021 AUS
-37.733042 144.810633
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3 Beds
2 Baths
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26/169-179…
Caroline Springs, VIC
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1651829
169-179 Caroline Springs Boulevard Caroline Springs VIC 3023 AUS
-37.735560 144.739908
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3 Beds
2 Baths
2 Parking
4 Lee St
St Albans, VIC
Family Home In A…
1659029
4 Lee Street St Albans VIC 3021 AUS
-37.739426 144.780986
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3 Beds
1 Baths
1 Parking
3/2 Magnus St
St Albans, VIC
Sensational Modern Unit!
1712432
2 Magnus Street St Albans VIC 3021 AUS
-37.755833 144.803686
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3 Beds
1 Baths
2 Parking
1/38 Conrad St
St Albans, VIC
Front Townhouse!
1732220
38 Conrad Street St Albans VIC 3021 AUS
-37.733841 144.804990
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3 Beds
1 Baths
3 Parking
12 Obrien Dr
St Albans, VIC
Call This Home!
1744438
12 Obrien Drive St Albans VIC 3021 AUS
-37.754449 144.811852
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3 Beds
1 Baths
3 Parking
164 Main Road E
St Albans, VIC
Main Road Exposure
1738183
164 Main Road East St Albans VIC 3021 AUS
-37.745920 144.816442
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2 Beds
1 Baths
1 Parking
49 Biggs St
St Albans, VIC
Walk To Everything
1738182
49 Biggs Street St Albans VIC 3021 AUS
-37.736566 144.797604
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4 Beds
3 Baths
3 Parking
2 Cleveland St
St Albans, VIC
Large Family Home On 800m2
1758133
2 Cleveland Street St Albans VIC 3021 AUS
-37.746982 144.786923
Details
2 Beds
1 Baths
1 Parking
71 Millawa Ave
St Albans, VIC
$350 Weekly
1743029
71 Millawa Avenue St Albans VIC 3021 AUS
-37.738568 144.807180
Details
3 Beds
1 Baths
3 Parking
3 Lambolle Ct
St Albans, VIC
$340 Weekly
1758138
3 Lambolle Court St Albans VIC 3021 AUS
-37.733120 144.783759