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WA › Albany › Festing St

40 Festing St, Albany WA 6330

House

$850,000

Last sold

13 Feb 2023

4

Bedrooms

3

Bathrooms

2

Car spaces

901 m²

Land

325 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $850,000 (13 Feb 2023).(Recorded sale)
  • CalculationRecorded House sales in Albany (last 5 years) with land size: median $1,210/m² of land (n=57). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$850,000

13 Feb 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.

See the full Albany report →

Vs Albany

-15.0%

Median sale

Suburb $1,000,000

+0.53 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$850,00013 Feb 2023
  2. Listedprice unknowncompleted8 Nov 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 901 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 901 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Albany in one glance

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.

See the full Albany report →

Keep researching

  • Why Albany? Read the area thesis →
  • What else is on the market in Albany →
  • Other records on Festing St →

Listing material

Listed by Merrifield Real Estate

CHIC FAMILY HOME OR INVESTORS DELIGHT

An enviable lifestyle awaits the new owners of this impressive home overlooking Princess Royal Harbour and within a short walk of the CBD.

Family members will be spoilt for choice in this quality home, expertly designed for parents and children to enjoy their own space or gather for meals and playtime.

It combines superior fittings and appliances, with thoughtful design features for stylish everyday living and entertaining.

Read the full description

The top floor of the two-storey home is a suite of rooms dedicated to parents' indulgence with the added potential for an Airbnb. It has a super-king-sized, air-conditioned bedroom with expansive views over the harbour to Torndirrup National Park, a dressing room, a TV lounge or office, a kitchen with gas cooking for lazy weekend brunches, a bathroom complete with spa bath, shower, vanity and toilet, and a private balcony.

At ground level are the main living space and family bedrooms. The huge open family room and dining area is a sunny, air-conditioned space with a separate TV lounge on one side and glass doors opening onto a paved, undercover patio.

Set off with a coffer ceiling and sleek ivory cabinetry with black stone benchtops, the fabulous kitchen is complete with a walk-in pantry, dishwasher, gas cook-top, electric oven and wine rack.

The three family bedrooms are doubles with built-in robes, and one has direct access to the semi-en suite bathroom with bath, shower and toilet.

Off the big laundry is a shower room with handbasin and toilet, while at the back, there is a handy utility room and seperate office space witch overlooks the living zone.

Classy flooring, window treatments and décor from a modern, monochromatic palette finish the home beautifully.

The reticulated, easy-care back yard on the 901sqm block has an area of lawn for the children, mulched gardens with natives and fruit trees, and raised vegetable beds with a hardstand for a boat or caravan. The house has been cleverly built to the side of the block to enable future subdivision.

With schools, shops and Albany's historic precinct an easy walk away, this will appeal to discerning buyers in the market for a truly outstanding property.

What you need to know:

- Spacious, two-storey family home, 700m to cafes and restaurants.

- 901sqm block (Subdivide potential, zoned R30)

- Views over Princess Royal Harbour to Torndirrup National Park

- Open family room and dining area

- Theatre/ Lounge room

- Undercover patio

- Kitchen with walk-in pantry, dishwasher, gas cooking

- Upstairs parents' suite – bedroom, TV lounge, kitchen, bathroom with spa bath, dressing room, private balcony

- Three family bedrooms, built-in robes

- Semi-en suite bathroom with bath, shower, vanity, toilet

- Shower room with vanity, toilet

- Laundry

- Two utility rooms for bikes, pets or convert into extra bedrooms

- Fenced back yard with reticulated lawn

- Double garage plus off-road parking

- Double glazing throughout

- Council rates $3,070.1

- Water rates $1,757.70

Listing description written by Tommie Watts, Merrifield Real Estate — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Living Areas: 3
  • Toilets: 3
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.