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
$950,000
Last sold
20 Jan 2023
3
Bedrooms
2
Bathrooms
2
Car spaces
410 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
$950,000
20 Jan 2023 · 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
-5.0%
Median sale
Suburb $1,000,000
+0.16 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 410 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 410 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 EstateThe innovative use of contemporary building materials combines brilliantly with striking design and a versatile floor plan at this exclusive two-storey home overlooking Princess Royal Harbour.
Extensive glazing on both levels makes the most of the amazing views over the harbour to Torndirrup National Park, Frenchman Bay and around to the port and Mount Clarence from almost every room.
This vista is shared by the upper and lower decks, both idyllic spots for relaxing and entertaining, and fitted with pull-down blinds for adjustable shade and shelter.
With engineered galvanised steel framing, double brick on the lower level, smart Masterwall cladding on the upper, and beautiful polished concrete floors throughout, the home is inspiring and exciting.
Upstairs is the main living space – a sunny, air-conditioned family room and dining area with the kitchen at one end. This has a pantry, induction cooktop, electric oven, dishwasher, and appliance cupboard, finished in sleek slate-grey and white.
At the front is the king-sized master bedroom with an ensuite shower room and built-in robe, and a separate power-room toilet with handbasin.
Flexibility of design allows for the self-contained downstairs section to be used for independent living for a family member or as an Airbnb.
It consists of an air-conditioned sitting room with glazed doors onto the lower deck, a kitchenette, laundry, two king bedrooms with built-in robes, a bathroom with bath, shower and vanity, a separate toilet, and a handy storeroom.
Thoughtful extra features include a ducted vacuum system, solar panels, a security system, and double glazing and good insulation for enhanced comfort.
In the well-organised under croft area are two 4500ltr rainwater tanks, a powered workshop and storage space.
The septic system's aerobic treatment unit provides grey water for the garden on the 410sqm block, which is mainly in natives for easy maintenance.
A huge double carport is augmented by additional off-road parking for guests.
About 600m from York Street, this property is within easy walking distance of restaurants, entertainment, schools, shops, and fishing.
It's one for demanding buyers looking for a classy, high-quality home and enviable city lifestyle.
What you need to know:
- Contemporary two-storey home
- Amazing views over harbour, national park, and port
- 600m from town, shops, schools, entertainment, eateries, fishing
- Easy-care 410sqm block
- Decks on both levels taking in the endless vistas
- Air-conditioned lounge
- Sleek kitchen with dishwasher, pantry, induction cook-top
- King-sized master bedroom with ensuite shower room, built-in robe
- Self-contained lower level – air-conditioned sitting room, two king bedrooms, bathroom, laundry, kitchen, toilet, storeroom
- Ducted vacuum system, double glazing, solar panels, security system
- Workshop with power
- Two 4500ltr rainwater tanks
- ATU septic system
- Double carport
- Council rates $3,040.51
- Water rates $268.97
Listing description written by Kyle Sproxton, Merrifield Real Estate — reproduced as published, not verified by Districts.