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 › Serpentine Rd
$1,000,000
Last sold
9 Aug 2023
5
Bedrooms
4
Bathrooms
1
Car spaces
988 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
$1,000,000
9 Aug 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
0.0%
Median sale
Suburb $1,000,000
0.00 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 988 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 988 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 Elders Real Estate Albany34 Serpentine Rd offers a unique and exclusive lifestyle in an incredible central location. Not only can you own a magnificent character home that has been updated to provide stylish modern living, you also get not one but two self-contained ancillary accommodations for rental income, friends and family, a generous garage and workshop, and a large block with two access points that can be easily subdivided if you wish. All this in a superb central location with views to the clock tower and harbour, and within walking distance of your favorite eateries, coffee stops, and shops in town.
The main home is absolutely superb. Built by the Albany Postmaster in 1886, it brings all the warmth and soul you can only find in buildings of this age, seamlessly updated and renovated to provide stylish and warm modern living. Think footworn floorboards, super-high ceilings and incredible plasterwork combined with big open living spaces and abundant natural light, with clean modern lines. Not only does the home have an amazing style, it is in brilliant condition with very solid structure and everything maintained beautifully.
This is a one off indeed offering a unique and embracing lifestyle.
Main Home
• Magnificent, imposing residence. Stone, brick, and iron construction dating to 1886
• Rare combination of historical building with modern renovations and feel, in excellent condition
• Beautiful character features including original boards, very high ceilings, multiple fireplaces, and ornate plasterwork
• Entrance to magical and inviting central hallway
• Spacious master bedroom with walk-in robe and modern ensuite
• Generous second and third bedrooms, family bathroom with shower and luxe spa bath
• Huge lounge with views to clock tower and harbour, light and airy with incredible homely atmosphere, open-plan with dining room
• Very large kitchen, renovated with classic modern feel, timber benchtops, quality appliances, garden view
• Superb modern sunroom, large with vaulted ceiling, you will love spending time here
• Verandah/deck overlooking cottage gardens, plus character front verandah with harbour view
• Reverse cycle air conditioning, solar array, heat pump HWS, night storage heater
Second Dwelling
• Two storey, constructed approximately 2006
• Ground floor flat, self-contained with open plan kitchen-dining-living, queen-size bedroom with BIR, bathroom/laundry with bath and shower
• First floor self-contained studio with deck, large open-plan bedroom-kitchen-living, separate bathroom, town and harbour views
Additional
• Abundant bituminised parking
• Double-size garage with single roller door and workshop space, brick construction
• Lovely cottage gardens with fruit (including avocadoes), veggies, herbs, and lawns. Very private and relaxing
• Absolutely central within walking distance of cafes, bars, restaurants, and shops
• Residential R30 zoning with second access to Munster Avenue provides easy subdivision option if desired
It is so rare to find such a beautiful historical building that has been brilliantly updated to provide comfortable and modern living, let alone one that is in such incredible condition, and that comes with so many extras. 34 Serpentine Rd is an absolute classic you will not see again. To secure your slice of history and stylish modernity, for your private inspection or for more information, please contact Blair Scott on 0459 024 026.
Listing description written by Blair Scott, Elders Real Estate Albany — reproduced as published, not verified by Districts.