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
$712,000
Last sold
8 Nov 2022
3
Bedrooms
1
Bathrooms
1
Car spaces
753 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
$712,000
8 Nov 2022 · 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
-28.8%
Median sale
Suburb $1,000,000
+1.21 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 753 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 753 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 Wellington & ReevesLap up inner-city living and exceptional views day and night with this fabulous refurbished C1935 property only a 550-metre stroll to Albany's CBD shops, eateries, bars and more.
You can also walk to foreshore and historic attractions in no time.
Get comfortable in your lovely home or out on the deck and celebrate the new year with friends, as you watch the fireworks on the foreshore and stunning Albany port to Princess Royal Harbour and Torndirrup National Park and sunrise vistas.
The home has been superbly refurbished and extended and stands on a low-upkeep lot with pleasant gardens and a quaint workshop shed and outbuilding.
The delightful front verandah leads the way to the home's charming original front wing featuring jarrah floors, stained-glass, high ceilings, decorative plasterwork and two fireplaces.
There are three superb bedrooms including two with built-in robes and all charm-filled.
Nearby is a lovely contemporary bathroom and smartly concealed in-vogue laundry en-route to the spacious, light-filled and n-trend open plan living, dining and kitchen zone with handy office nook and access to an inviting deck.
The views are exceptional from all these areas and the kitchen touts a 900mm five-burner gas cooktop oven, twin drawer dishwasher and lots of storage.
Year-round comfort certainly won't be an issue, as this home features a beautiful Italian wood pellet fire, ducted into the bedrooms.
If city living and character properties hold immense appeal for you, consider this jewel essential viewing.
For more detailed information or to arrange a private viewing please contact Paul Armstrong on 0459 381 382.
Listing description written by Paul Armstrong, Wellington & Reeves — reproduced as published, not verified by Districts.