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.
$499,000
Last sold
15 Apr 2024
0
Bedrooms
0
Bathrooms
0
Car spaces
910 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
No verification items generated for this record.
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
$499,000
15 Apr 2024 · derived via latest_sale
Local land rate: recorded Land sales in Albany (last 5 years) with land size have a median of $588/m² of land (n=8). 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
-50.1%
Median sale
Suburb $1,000,000
+3.00 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 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 1 Sept 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
The official layer was queried and no heritage listed area was detected on this parcel (Landgate SLIP, retrieved 1 Sept 2026). Mapped layers change — this is the strongest all-clear Districts can give, not a certificate.
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 910 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 910 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 912 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 Professionals RED Real Estate*910sqm home site with potential harbour views.
*Zoned Residential - R30, potential for subdivision.
*Centrally located, walk to all that Albany town centre has to offer.
*Build your 'Grand Design' & take advantage of this premium location.
*Fully serviced lot; Sewer, Water, Power, Gas & NBN
[INTRO]
Welcome, ladies and gentlemen, to the grand unveiling of 199 Grey Street West in beautiful Albany! If you've ever dreamed of living in a place where the possibilities are as vast as the ocean views you could potentially have, then you're in for a treat! This is no ordinary home site; it's a canvas for your dreams, a playground for your imagination, and a potential location for your very own "Grand Design"!
[SCENE]
Picture this: you wake up in the morning, and instead of staring at your neighbor's recycling bin, you gaze out upon the potential harbor views that could be yours! But wait, there's more! With a spacious 910sqm, this lot is so big you could play hide and seek with your pet kangaroo (if you had one, of course).
[ZONING]
Now, let's get serious for a moment (just a moment, promise). This beauty is zoned Residential - R30, which means there's potential for subdivision. You know what that means, right? Two words: investment opportunity! You could sell a portion, or maybe invite your friends to build their dream homes right next door.
[LOCATION]
Location, location, location! If you're the type who likes strolling to the local coffee shop or farmer's market, this place has you covered. You're smack-dab in the heart of Albany, so you can walk to all the fantastic things the town center has to offer. Restaurants, shopping, entertainment – you name it. It's all within reach!
[UTILITIES]
And now, the icing on the cake (not literally, though we do have some fantastic bakeries nearby). This fully serviced lot comes with all the bells and whistles. You've got sewer, water, power, gas, and even NBN! It's like the universe decided to throw in the works to help you build your dream home.
[CONCLUSION]
So, here's the deal, folks. 199 Grey Street West is not just a home site; it's a blank canvas for your imagination to run wild. It's an investment opportunity that could potentially pay off big time. It's a slice of paradise right in the heart of Albany. You can build your "Grand Design" here, and who knows, you might even get those harbor views to go with it.
Don't miss out on this opportunity – come and see it for yourself, and let your dreams run wild at 199 Grey Street West. Your future home (or homes!) awaits!
Contact the team at The Professionals today on 1300 006 330
Listing description written by Brendon Nowotny, Professionals RED Real Estate — reproduced as published, not verified by Districts.