Albany at a glance
1,897
People
$1,000,000
Median sale
$575/wk
Median rent
2.99%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
WA › Albany › Festing St
$1,500,000
Last sold
23 May 2024
3
Bedrooms
2
Bathrooms
1
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,500,000
23 May 2024 · derived via latest_sale
Albany at a glance
1,897
People
$1,000,000
Median sale
$575/wk
Median rent
2.99%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Vs Albany
+50.0%
Median sale
Suburb $1,000,000
-1.00 pp
Gross yield
Suburb 2.99%
Suburb median $1,000,000 from 15 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.
Rental
No advertised rent is recorded. Suburb median rent $575/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Albany at a glance
1,897
People
$1,000,000
Median sale
$575/wk
Median rent
2.99%
Suburb gross yield
Median sale from 15 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals RED Real Estate*1,200sqm of prime harbour view property.
*Unobstructed water views, views over town and out towards Little Grove and beyond.
*Grand custom home design and carefully constructed by a renowned local architect.
*Designed to harness the contours of the land & provide maximum exposure to the view.
*There are light & bright spaces over 3 levels with plenty of room for entertaining.
*The ground floor provides room for a spacious studio or potential granny flat.
*On The first floor is where the entertaining happens; Alfresco & 2 separate living areas.
*The second floor is for quiet contemplation, pampering and rest.
*There is a spacious front courtyard & easy access to kitchen with the shopping.
*So close to Albany CBD! Everything is just a short stroll away.
Introducing an exquisite piece of real estate, a 1,200sqm haven of luxury with prime harbour views. This property offers unobstructed water views, encompassing the town and extending towards Little Grove and beyond. Crafted with precision and elegance, this grand custom home was designed by a renowned local architect to seamlessly blend with the natural contours of the land, ensuring maximum exposure to the breathtaking view.
Spanning three levels, this residence boasts light-filled and spacious interiors, providing ample room for entertaining. The ground floor opens up possibilities for a spacious studio or a potential granny flat, adding versatility to the property.
The heart of the home resides on the first floor, where entertaining takes centre stage. Enjoy the outdoor ambiance on the alfresco area and indulge in two separate living spaces that are perfect for hosting guests and creating lasting memories.
Ascend to the second floor for a sanctuary of tranquillity, designed for quiet contemplation, pampering, and rest. The thoughtfully arranged layout ensures that each space serves a purpose, creating a harmonious flow throughout the residence.
Drive into the spacious front courtyard and experience seamless access to the well-appointed kitchen, making daily activities and grocery shopping a breeze. Convenience meets luxury as this property is just a short stroll away from Albany CBD, offering easy access to all the amenities and services you desire.
Don't miss the opportunity to own a piece of this coastal paradise that seamlessly combines architectural brilliance, panoramic views, and convenient urban living. This is not just a property; it's a lifestyle crafted for those who appreciate the finer things in life.
Contact us now to schedule a private viewing and make this dream home yours. Call The Professionals and Brendon Nowotny on 0432 998 035.
Listing description written by Brendon Nowotny, Professionals RED Real Estate — reproduced as published, not verified by Districts.