Centennial Park at a glance
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Median sale
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Median rent
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Suburb gross yield
WA › Centennial Park › North Rd
$730,000
For sale
Asking
3
Bedrooms
1
Bathrooms
3
Car spaces
1,773 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
Asking
$730,000
Asking · $412/m² of land
No recorded sale for this property.
Centennial Park at a glance
No data
Median sale
No data
Median rent
No data
Suburb gross yield
$32,636 on top of the price (4.5% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.
No rent is recorded for this listing. Enter a weekly rent to model yield.
Enter a purchase price and weekly rent to calculate yield.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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 1,773 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 and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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.
0 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 1,773 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
Honest achievable rent
UnknownNo advertised rent and no suburb rent aggregate are loaded. Official bond files are not loaded. Listing rent and suburb aggregates are evidence, not this address’s rent.
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
Centennial Park at a glance
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Median sale
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Median rent
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Suburb gross yield
Listing material
Listed by Merrifield Real EstateLarge development sites in established locations are becoming increasingly difficult to secure. Positioned just minutes from Albany's CBD on a substantial 1,773sqm Residential R25 allotment, this versatile property presents an outstanding opportunity to develop, subdivide, invest or land bank for the future.
Whether your plans involve subdivision (subject to relevant approvals), constructing multiple dwellings or securing a sizeable landholding for the future, the property's Residential R25 zoning provides flexibility to explore a range of possibilities. With demand for well-located development sites remaining strong and opportunities of this scale becoming increasingly scarce, it represents an investment with both immediate usability and long-term potential.
Adding flexibility to the opportunity is the existing three-bedroom, one-bathroom fibro and iron home. While being sold on an "as is" basis, the residence offers comfortable accommodation and could continue to be occupied or leased while future plans are developed. Inside, the home retains much of its original character, offering generous living spaces including a spacious lounge centred around a stone fireplace, a kitchen and meals area, plus a versatile office that could also serve as a smaller fourth bedroom, alongside the family bathroom and practical laundry.
Beyond its development appeal, the property is exceptionally well set up for practical day-to-day use. Dual driveway access provides excellent vehicle movement across the site, while the large shed, covered carport and expansive open yard offer plenty of space for storage, trades, equipment or recreational vehicles. Whether you choose to utilise the existing improvements, lease the home while planning your next move or begin exploring the site's future potential, the property's versatility is one of its greatest strengths.
Positioned only minutes from Albany's CBD, shopping centres, schools, sporting facilities, medical services and the coastline, the location further strengthens the property's appeal.
Whether you're looking to unlock the site's development potential, secure a substantial landholding in a central location or invest with future possibilities in mind, opportunities offering this combination of size, zoning and convenience are becoming increasingly rare.
What You Need To Know
• Approx. 1,773sqm Residential R25 allotment
• Development and subdivision potential (STCA)
• Original 1950s fibro and iron home
• Three bedrooms plus versatile office/fourth bedroom
• Spacious lounge with stone fireplace
• Large shed, covered carport and dual driveway access
• Excellent holding income or renovation potential while future plans are considered
• Minutes from Albany CBD, schools, shopping and beaches
• Being sold on an "as is" basis
• Council Rates: $2,346.62
• Water Rates: $1,643.28
Listing description written by Jeremy Stewart, Merrifield Real Estate — reproduced as published, not verified by Districts.