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 › Grey Street West
$801,000
Last sold
6 Feb 2025
4
Bedrooms
2
Bathrooms
2
Car spaces
640 m²
Land
Districts View
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
$801,000
6 Feb 2025 · 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
-19.9%
Median sale
Suburb $1,000,000
+0.74 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 scheme
ALBANY
Zone
Residential
1
Jurisdiction
Albany
Albany, WA
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.
The official layer was queried and no bushfire risk zone was detected on this parcel (Landgate SLIP, retrieved 31 Aug 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer maps a heritage listed area touching the boundary of this parcel — at the edge, not across it (Landgate SLIP, retrieved 31 Aug 2026). Verify the mapped extent against the title before relying on it either way — this is not an all-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 640 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.
Flood overlay has not been queried for this lot. 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.
2 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 640 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?
KnownmediumOfficial parcel about 13,240 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. 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
UnknownNo DA adapter returned applications 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 Elders Real Estate AlbanySORRY, HOME OPEN SATURDAY, 08/02/2025 CANCELLED.
The smart purchasers of this substantial home in central Albany will be rewarded by amazing harbour views – all within flat walking distance of the town centre.
It's a two-storey brick building with a self-contained workshop and storage on the lower level, and a comfortable family home above, making it a terrific option for downsizers and investors, or those recognising the financial benefits of letting out the flat for overnight or longer-term accommodation.
Built in the 1970s by a renowned local builder, who continued to upgrade over the years, whilst retaining the pleasing, quirky features in some rooms.
It's all in excellent condition, though it would benefit from further modernisation in some areas.
Living spaces in the main home make the most of the stunning outlook over Princess Royal Harbour and out to Torndirrup National Park. Including Mount Clarence and Albany's Entertainment Centre.
The inviting family room has a big corner window and there's a TV lounge at the front. The adjoining kitchen also enjoys stunning views and has a dishwasher, gas cooktop and wall oven.
A long balcony along the back leads to a sizeable terrace for entertaining while taking in the harbor views.
All four bedrooms in the home are doubles and the master includes an en suite bathroom and spacious walk-in robe. The family bathroom has a bath, shower and vanity, and the toilet is separate, off the already modernized laundry.
The games room downstairs offers further options for recreation or creativity.
A real bonus is the (unapproved) potential flat, providing independent facilities for a family member or for letting. With its own external access and a lovely outlook, it consists of a comfortable sized space, a good-sized kitchen and meals area, and a wet room housing the shower and toilet.
This sizeable property is within easy walking distance of the Harbour; and even closer to the CBD for shops, cafes and restaurants.
Another attractive option for investors is the prospect of renting out both homes. Currently, the main home is leased until January 2025.
Discover the many facets and opportunities this well-presented property offers by phoning Tommie Watts of Elders Real Estate on 0476 514 921.
Downstairs Matterport Floorplan - https://my.matterport.com/show/?m=uXMotidxCt9
What you need to know:
- Two storey brick and tile home
- Main family home on upper level; self-contained garage / workshop and storage
- 300m to York Street, near cafés and restaurants
- Few minutes to schools, fishing, entertainment
- Amazing views of Princess Royal Harbour, Torndirrup
- Family room, TV lounge, balcony, terrace, games room
- Kitchen with gas cooking, dishwasher
- Four double bedrooms, one with walk-in robe and en-suite shower room
- Main bathroom with bath, shower, vanity
- Laundry and separate toilet
- Good parking and turning space
Listing description written by Tommie Watts, Elders Real Estate Albany — reproduced as published, not verified by Districts.