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.
4
Bedrooms
2
Bathrooms
2
Car spaces
2,732 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Albany (last 5 years) with land size have a median of $1,201/m² of land (n=58). 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.
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 2,732 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 2,732 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 EstateIn a city where many properties take in amazing views, this one in historic Albany is among the privileged few enjoying one of the most spectacular.
It presents an exceptional opportunity to purchase a substantial holding on the side of Mt Melville, where the dress-circle vista spans from Mt Clarence, over the port, town jetty and entertainment centre, around to Princess Royal Harbour and to the hills of Torndirrup National Park.
Consisting of 2732sqm of land on the hill in prestigious Cliff Street and an impressive, substantial character home from the 1950s, it has excellent development potential.
The land slopes up to an area reached via Bay Street at the back, where an extensive house site – selected to maximise the magnificent outlook – has already been established and retaining walls are in place.
A new home of any style would enhance the eclectic streetscape of some of the grandest period homes in WA, strikingly offset with contemporary buildings incorporating state-of-the-art materials and design.
While a block of this size and quality is a rare find so close to the city, the home adds to the flexibility of the property.
Beautifully preserved, the residence displays original jarrah floors, decorative ceilings and timber window frames and takes in sensational views.
Sunny, warm and welcoming with extensive glazing on the view side, it includes a generous lounge, a long sunroom, a hobby room and a dining area adjoining the well-appointed kitchen complete with gas cooking and a dishwasher. Three of the four bedrooms are doubles, the master has an en suite bathroom, and there's an undercroft garage and even a wine cellar and workshop rounding off the facilities.
Owners might choose to live in it while building a new residence at the rear, subdivide and sell the existing home or the block, or build a new home and sell one. These are just some of the quality options for far-sighted purchasers, whose new favourite pastime will be gazing at ships moving in to harbour, yachts sailing in the bay and the New Year's Eve fireworks.
This property's proximity to the city is another major attraction. Zoned R30, it is close to Albany's original settlement and 1km from the restaurants, cafés, shops and nightlife.
What you need to know:
- 1950s character home on elevated 2732sqm block
- Zoned R30, exceptional development potential
- Among the best views in Albany – harbour, port, jetty, entertainment centre, Torndirrup
- Substantial home with original features
- Prepared house site off Bay Street at the rear
- Among some of Albany's grandest period and contemporary homes
- Options include subdivision, building new and selling one or both
- Spacious home – lounge, sunroom, dining, hobby room, en suite to main bedroom,
garage, wine cellar, workshop.
- 1km from York Street restaurants, cafés, shops and nightlife
- Council rates $2,872.18
- Water rates $1,463.15
Listing description written by Jeremy Stewart, Merrifield Real Estate — reproduced as published, not verified by Districts.