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
$1,171,000
Last sold
26 June 2026
3
Bedrooms
2
Bathrooms
2
Car spaces
486 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
$1,171,000
26 June 2026 · 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
+17.1%
Median sale
Suburb $1,000,000
-0.44 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 486 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 486 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 EstatePositioned privately at the rear in an elevated city-fringe setting, this beautifully maintained home is all about lifestyle, outlook and low-maintenance living.
Capturing sweeping panoramic views across the harbour, port and out to Frenchman Bay, the brick veneer and tile residence offers an exceptional opportunity for buyers chasing location and scenery over excess land size – perfect for downsizers, professionals, retirees or those seeking a secure lock-and-leave base close to the CBD.
Built in 1999 and set on 486sqm within a two-lot strata with no common property, the home enjoys a peaceful, tucked-away position while remaining just moments from Albany's cafés, shops, foreshore and entertainment precinct.
The spacious living zone has been cleverly designed to maximise the outlook, with expansive windows framing the ever-changing harbour views and opening onto a generous balcony where you can relax, entertain or simply watch the ships move through the port.
Warm parquet flooring flows through the main living areas, complemented by a neutral colour palette, renovated kitchen and stylishly updated bathrooms with stone bench tops.
The light-filled kitchen overlooks the dining and living space and offers excellent storage, breakfast bar seating and quality appliances, while the wood fire and ducted air conditioning ensure year-round comfort.
The two minor bedrooms have built-in robes and are serviced by the main bathroom with a shower and bath, and a separate toilet in the laundry room. The private master suite is complete with a walk-in robe and ensuite. A separate sunroom creates additional flexibility for entertaining, hobbies or quiet relaxation.
Outside, the paved rear courtyard is easy-care and functional, with a double carport, undercroft storage, native gardens, a small rainwater tank and room to establish another garden area behind the carport.
Offering privacy, practicality and one of Albany's most impressive outlooks in this price range, this is a home designed for buyers wanting to spend less time maintaining and more time enjoying the lifestyle on offer.
What you need to know:
• Brick veneer and tile home built in 1999
• Private rear-positioned 486sqm lot
• Two-lot strata with no common property
• Panoramic harbour, port and Frenchman Bay views
• Three bedrooms, two bathrooms
• Renovated kitchen with stone bench tops
• Updated bathrooms with stone finishes
• Parquet flooring through living areas
• Balcony with stunning outlook
• Spacious open-plan living and dining
• Wood fire and ducted conditioning
• Double carport
• Undercroft storage
• Native gardens and rainwater tank
• Lock-and-leave lifestyle property
• Close to Albany CBD, cafés and foreshore
• Council rates: $3,068.84
• Water rates: $1,603.19
Listing description written by Jeremy Stewart, Merrifield Real Estate — reproduced as published, not verified by Districts.