Back 40 Theodore Street
Off Market

40 Theodore Street

St Albans VIC 3021

3
1
1119 m²
House
Last sold for $940,000
Andrew KoulaouzosAndrew Koulaouzos, last sold this property on 18 September 2025 after 37 days on market.

Overview

Prime Opportunity on 1,119m² Land, Location, and Limitless Potential.

Set on an enormous 1,119m² (approx.) allotment in the heart of vibrant St Albans, this rare offering presents an exceptional opportunity for developers and investors. While there is an existing dwelling at hand, the real value lies in the land size and location making it the perfect site to unlock future potential. Massive 1,119m² (approx.) allotment one of the largest in the area Existing 3-bedroom, 2-bathroom home Flat, rectangular block ideal for multi-unit redevelopment (STCA) Zoned General Residential strong scope for future growth and flexibility Moments to St Albans station, shops, schools & freeway access With properties in this location rapidly appreciating and large blocks becoming increasingly scarce, 40 Theodore Street represents a golden chance to secure a strategic position in one of Melbourne's most evolving suburbs. Whether you choose to renovate, lease, land bank, or redevelop this is a property that will reward you now and into the future. Location Highlights: - 500m to St Albans train station - Nearby to Keilor Plains train station - Close to Alfrieda Street shops and dining - Close to Brimbank Aquatic and Leisure Centre - Walking distance to schools, parks, and medical centres - Just 17km (approx.) from Melbourne CBD *Inspections By Appointment Only or Advertised Times* Contact our Team to arrange your private inspection

Features

3 bedrooms
1 bathroom
1119 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in St Albans over the last 12 months, the estimated median property value of 40 Theodore Street is $722.67k.

Median value
$722.67k
Estimated value range
$641.6 - $1.42m
Median days on market
30
Estimated value trend
11%
increase over the last 12 months
Average days on market is based on recent, comparable sales in St Albans. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 40 Theodore Street

2025
Sold
$940,000
Private Sale/Treaty on 18 Sep 2025 by Andrew Koulaouzos, of Barry Plant Taylors Lakes

Happy sellers in St Albans

92%
92% of sellers in St Albans reported that their sale price either exceeded or met their price expectations.

St Albans stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 92 reviews in St Albans over the last 12 months.

Local market activity for 3 bedroom houses in St Albans

In the last 12 months, 283 three-bedroom houses similar to 40 Theodore Street, have been sold.

This represents a 3% decrease in three-bedroom houses sales when compared to the previous 12 months.

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