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 › Melville St
3
Bedrooms
1
Bathrooms
2
Car spaces
839 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Albany (last 5 years) with land size have a median of $1,201/m² of land (n=58). 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.
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 839 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 839 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 EstateCharacter, views and city convenience make a winning combination at this delightful 1960s home high on Mount Melville.
The property is less than 800 metres from the CBD – close to shops, schools and entertainment, and an easy walk home after a night out.
It has been well preserved and takes in fabulous views over Princess Royal Harbour to Torndirrup while promising a city lifestyle with space to spread out.
Behind a picket fence on an 839sqm block, the fibro and iron home is set in easy-care gardens with low-maintenance plantings at the front while neat lawns contrast with ancient granite outcrops at the rear boundary – perfect vantage points for taking in the views.
Families will love the choice of indoor and outdoor living areas.
A little sunroom provides a cosy spot for looking out over the harbour and shelters the front door, which opens onto a comfortable lounge, warmed by an efficient gas log fire.
Sure to be a popular spot for entertaining and barbecues all year round is the long, covered and tiled patio at the back, with heaps of space for sitting, dining and relaxing.
A key attraction which is bound to be appreciated by all occupants is a freestanding studio or games room, perfect for hobbies, as a workshop or for children to let off steam. This has glass doors, plenty of natural light, and power connected.
The kitchen is a pleasant space with good cabinetry, gas cooking and space for a meals table, and next to this is the dining room with an office or study off one end.
With windows on two sides to make the most of the harbour outlook, the main bedroom is king sized. Next to this is a double with air conditioning and a built-in robe, and the third is also a double.
Driveways on both sides of the house provide ample off-road parking. One leads to a carport; the other to the studio. A toolshed and a cat run make up the outdoor features.
Everything is in goods shape – the property has been well preserved and is nicely presented throughout.
This charming and practical family home is perfect for owner-occupiers of all ages, and would make a highly desirable rental with the potential for excellent returns.
What you need to know:
- 1960s fibro and iron cottage
- 839sqm block, high on Mount Melville
- Views over Princess Royal Harbour to the hills of Torndirrup
- Less than 800m from CBD
- Lounge with efficient gas log fire
- Dining room
- Long, tiled and covered patio
- Freestanding studio or games room
- Office or study
- King-sized main bedroom with view
- Two double bedrooms, one with air conditioning and built-in robe
- Bathroom with bath, shower, vanity
- Laundry
- Carport
- Two driveways with ample parking
- Council rates $ $2,348.06
- Water rates $1,525.99
Listing description written by Kyle Sproxton, Merrifield Real Estate — reproduced as published, not verified by Districts.