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 › Spencer St
3
Bedrooms
3
Bathrooms
2
Car spaces
734 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 734 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 734 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 Mason Realty AlbanyMeticulously conserved and refurbished under the direction of Perth Architect Kim Bevilaqua of Bevilaqua Design Development, this Heritage Listed property forms an integral part of Albany and Western Australia's Freemasonry history. The time, effort and cost of this project have been considerable to say the least. The opportunity is now yours to simply move in and enjoy!
Completed in 1903 and listed in 1999, the Albany Masonic Hall is a prominent landmark perched on the flanks of Mount Clarence on a dual access corner lot overlooking magnificent Princess Royal Harbour, in one of Albany's key historic CBD precincts.
Ever-mindful of conserving the integrity and "Federation Academic Classical" style of the original building, the hall has been transformed into a luxury two-level residence, which offers stand-out contemporary elements and showcases early 1900's architectural features.
Stunning Palladian windows, towering Corinthian pillars and a sweeping staircase and timber floors, are just some of the historic highlights.
KEY RESTORATION & RENOVATION HIGHLIGHTS:
Downstairs reveals a massive custom-designed open living and long table dining area, and high-end commercial-inspired kitchen, with all the extras you would expect of a property of this calibre.
There is a distinct warehouse edge to this level, with its industrial-style lighting and exposed beams supporting the floor above.
Other features include an open lift, original foyer, and stair lobby, two beautiful guest bedrooms both with ensuites, a vestibule and customised laundry near to the double garage.
Whether approaching from the lift or stairs, the upstairs reveal is sensational, and we are not just talking views. The former meeting hall is now a sumptuous space, where heritage and high-spec Scandi - Japanese influences converge to achieve a truly unique and exquisite ambiance. Embrace the incredible vistas from the spacious deck or re-imagined hall.
Due to the heritage value, no internal walls could be added to this floor but that was no barrier to creating an inspired space.
Adjoining the beautiful lounge, an amazing kitchen was designed to create a clever divide to the high-end, dual access split-level master suite sanctuary, virtually wrapped in seamless storage.
There is also a separate city view study and stair access to a classic cellar.
The high-tech property includes a state-of-the-art Hydronic heating system across both levels, and a solar hot water system, with instant gas hot water booster, and an electric water filter.
FEATURES:
- Restored and refurbished 3x3 (four toilet) c1903 former Albany Masonic Hall
- Drive-thru corner access 734sqm lot plus large powered double garage
- Exceptional harbour, hinterland, wind turbine, marina, AEC & cityscape views
- Upscale upstairs deck, lounge, kitchenette, master suite retreat, storage & study
- Upstairs stair & lift access & premium kitchen appliances & storage
- Imposing downstairs living, long table dining & customised kitchen, with key work stations & great storage solutions
- Two superior downstairs bedrooms with ensuites plus a premium laundry, and foyer, lobby, cellar, vestibule, and garage access
- Historic precinct a short stroll to nearby city attractions, York Street and other heritage sites
Properties with such historic kudos, that have been painstakingly restored and re-invented are a rarity, which is part of what makes this landmark jewel such a privilege to present to the market.
There is also documentation available regarding the hall, site and Freemasons' movement, which makes for fascinating reading.
An inspection will not disappoint, and only help further promote the possibilities.
To arrange an inspection or for further information contact Chelsea -
Chelsea I 0400 865 773 | chelsea@masonrealty.com.au
www.facebook.com/choosechelseaalbany
www.choosechelseaalbany.com.au
Our mission is to create a stress-free, smooth real estate transaction for every client.
Make your first decision the right one, Choose Chelsea
Listing description written by Chelsea McIntyre, Mason Realty Albany — reproduced as published, not verified by Districts.