OFF MARKET

18 Cuthbert Street
Albany WA 6330

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1601m2
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Property Details for 18 Cuthbert St, Albany

18 Cuthbert St, Albany is a 0 bedroom, 0 bathroom House. The property has a land size of 1601m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
House
Land Size
1601m2
Local Government
Albany
Lot/Plan
2/D040558

Last Listing description (October 2024)

Have you been looking for a decent sized block in this part of Albany?

If you have you will know that opportunities like this are rare.

You now have the chance to purchase one or both blocks that are metres away from the cafe strip.

The present owner is in the process of subdividing and is willing to sell one or possibly both blocks.

Choose the street front block and you can build your dream home on this 704sqm block.

Buy the back block which is 897sqm and you will have plenty of privacy.

Both blocks will offer you a water view if you build a double story.

The sale of one or both blocks will be subject to approvals from the relevant authorities.

Proposed Lot A, 18 Cuthbert Street, Albany (704sqm) - $599,000.00 - NEW PRICE
Proposed Lot B, 18 Cuthbert Street, Albany (897sqm) - $650,000.00

If you're an investor you may want to buy the whole block which is 1601m2. It is zoned R30 and has a frontage of 30 metres. This opens the door for future development with the potential for a 5-unit site.
Great opportunity to create an income stream on the cities doorstep.

Call Guy Zinicola on 0411 222 773 today for more information about these two blocks.

Property History for 18 Cuthbert St, Albany, WA 6330

A timeline of how this property has performed in the market
Last Sold
$900,000
18 May 2023
  • 05 Aug 2024
    Listed for Sale $599,000 - $650,000
  • 18 May 2023
    Sold for $900,000
  • 17 May 2023
    Listed for Sale $900,000
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About Albany 6330

The size of Albany is approximately 2.4 square kilometres. It has 6 parks covering nearly 8.1% of total area. The population of Albany in 2011 was 1,463 people. By 2016 the population was 1,310 showing a population decline of 10.5% in the area during that time. The predominant age group in Albany is 60-69 years. Households in Albany are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Albany work in a professional occupation. In 2011, 60.3% of the homes in Albany were owner-occupied compared with 61.7% in 2016.

Albany has 1,367 properties. Over the last 5 years, Houses in Albany have seen a 55.04% increase in median value, while Units have seen a -25.43% decrease. As at 30 September 2024:

  • The median value for Houses in Albany is $581,026 while the median value for Units is $221,796.
  • Houses have a median rent of $490 while Units have a median rent of $345.
There are currently 26 properties listed for sale, and 5 properties listed for rent in Albany on OnTheHouse. According to CoreLogic's data, 47 properties were sold in the past 12 months in Albany.

Suburb Insights for Albany 6330

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.