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.
$749,000
Last sold
5 Dec 2023
4
Bedrooms
3
Bathrooms
1
Car spaces
1,054 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
$749,000
5 Dec 2023 · derived via latest_sale
Local land rate: recorded House sales in Albany (last 5 years) with land size have a median of $1,210/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
-25.1%
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. Listed land size is 1,054 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 1,054 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 EstateHistoric home, big block, magic views
In a charming part of old Albany, about 500m from the CBD, this substantial parcel of real estate presents inspiring possibilities for buyers appreciating its century-old character, expansive views and potential for a grand transformation.
It consists of a spacious home sited at the back of an elevated 1054sqm corner block, so there's the opportunity for subdivision and sale of the front section. Another option would be to build a second home, allowing the owners to live in one and rent out the other – or sell or rent them both.
The home has been in the same family almost since it was built in 1912, and while it would benefit from a makeover, this could be done while retaining original features, such as some jarrah floors, timber windows and high, decorative ceilings.
Over the years, it has undergone a facelift and been extended with a second storey added, increasing the floor space and layout flexibility.
The fabulous views take in Torndirrup, the windfarm, Princess Royal Harbour, the jetty, entertainment centre and town, from rooms on both levels and a timber deck at the front.
In the original part of the house are the open family room and dining area heated by a big wood fire, and the kitchen – with a corner pantry, gas cook-top and wall oven – on one side.
There's a lounge and a long sunroom with a share of the view as well.
Also on the lower floor is a queen-sized bedroom with a walk-in robe and en suite bathroom, an office, a single bedroom, a second shower room and toilet, and the laundry.
Upstairs are two more bedrooms, a third bathroom, toilet and a sunny, open lounge with a corner window to make the most of the outlook.
There's internal access to the garage – big enough for a caravan and with workshop and storage space – and there's ample extra parking and turning space on the driveway.
With steel cladding and a steel roof, the home is functional and modernisation could be a straightforward project. Buyers can be assured that the integrity of the streetscape is protected by the Albany Historic Town Design Policy, retaining the character of the area and complementing the intrinsic style of this property.
The location a short walk from town, shops, schools, cafés and entertainment is a key drawcard, adding value to the investment potential for this outstanding real estate.
What you need to know:
- Character home circa 1912
- Some original jarrah floors, high decorative ceilings
- Expansive views over harbour, hills and town
- 1054sqm corner block
- Family/dining room with wood fire
- Lounge
- Sunroom
- Upstairs lounge with corner window for view
- Front deck; rear courtyard
- Office
- Queen-sized bedroom with walk-in robe, en suite shower room
- Single bedroom
- Two double bedrooms upstairs
- Second shower room on ground floor
- Upstairs bathroom and toilet
- Garage, extra parking
- Potential for subdivision or development of block
- Council rates $2,987.55
- Water rates $1,639.30
Listing description written by Tommie Watts, Merrifield Real Estate — reproduced as published, not verified by Districts.