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 › Serpentine Rd
$1,150,000
Last sold
5 Feb 2024
5
Bedrooms
2
Bathrooms
2
Car spaces
784 m²
Land
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
$1,150,000
5 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Albany (last 5 years) with land size have a median of $1,192/m² of land (n=57). Districts calculation from recorded sales — not a valuation.
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
+15.0%
Median sale
Suburb $1,000,000
-0.39 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. Listed land size is 784 m² — that is not 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. Listed land size is 784 m² — that is not 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 Merrifield Real EstateThis beautiful, historic home in central Albany has been meticulously restored, preserving the integrity of the building and its fine original features while expertly incorporating modern appointments for today's lifestyle.
At the same time, an extension to the building has been sensitively designed and finished to a similar high standard to provide additional amenities.
Built in 1912 for Albany dentist Thomas Merfield, the exclusive home displays architecture of a Federation Arts and Crafts style. It is constructed of Albany brick with stucco panels to the eaves and chimneys, cement rendered window sills and a classic portico veranda sheltering the main entrance.
Inside, jarrah floors, high ceilings, ornate cornices, timber doors and windows, deep skirtings, picture rails, stained glass panels, open fireplaces and hallway arches with decorative corbels exemplify the period. All are perfectly complemented by carefully selected décor, fixtures and fittings, and superior finishing displaying remarkable attention to detail.
Living areas consist of a big, relaxing lounge with a bay window onto the front, and in the north-facing new section, an open sitting and dining area – a sun-filled space for breakfast and a breeze for entertaining while gazing out to the Porongurups and Stirling Ranges.
Glazed doors lead onto an undercover deck overlooking the garden, and there's a delightful barbecue nook in the original laundry.
Fitted with white cabinetry and featuring an old Metters wood stove, the fabulous kitchen has a walk-in pantry and a stainless steel five-burner gas cooker.
The four bedrooms in the old section are king sized and there's a double fifth bedroom at the back.
Of the two bathrooms, one has a clawfoot bath, and the other a walk-in showers All wet areas provide contemporary amenities while harmonising with the architectural style.
The well-insulated home also has ducted underfloor heating and air conditioning.
A laneway at the side of the house leads to a garage and carport and additional parking space at the rear.
Gardens on the 784sqm block are an oasis of green with lawns, fruit trees and leafy seating nooks.
As solid as the ancient granite it sits on, this exceptional home is outstanding in every aspect. Its location in an excellent neighbourhood a short walk from the shops, cafés, nightlife and amenities of York Street boosts its appeal for those who value life's finer things.
What you need to know:
- Meticulously restored and extended historic home
- Central location, level site with outlook
- Packed with beautiful original features
- Modern appointments
- Large lounge with high ceilings
- Sunny sitting room and dining area
- Rear deck
- Barbecue area
- Kitchen with walk-in pantry, chef's stove
- Five bedrooms
- Two bathrooms, three toilets
- Laundry
- Office/study- Ideal to work from home or remotely
- 784sqm block
- Garage, carport
- Private carriageway access to garaging & backyard
- Subdivision potential
- Immaculate gardens well established
- Council rates $2,804.84
- Water rates $1,525.99
Listing description written by Jeremy Stewart, Merrifield Real Estate — reproduced as published, not verified by Districts.