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Sold on 05 Dec 2023 for $749,000

18 Finlay Street
Albany WA 6330

Bedrooms: 4
Bathrooms: 3
Car spaces: 1
Land area: 1054m2
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Property Details for 18 Finlay St, Albany

18 Finlay St, Albany is a 4 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 1054m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 4 bedroom House sold in Albany in the last 12 months.

Building Type
House
Land Size
1054m2
Local Government
Albany
Lot/Plan
1/P000030

Last Listing description (December 2023)

Historic home, big block, magic views

In a charming part of old Albany, about 500m from the CBD, this substantial parcel of real estate presents inspiring possibilities for buyers appreciating its century-old character, expansive views and potential for a grand transformation.
It consists of a spacious home sited at the back of an elevated 1054sqm corner block, so there's the opportunity for subdivision and sale of the front section. Another option would be to build a second home, allowing the owners to live in one and rent out the other – or sell or rent them both.

The home has been in the same family almost since it was built in 1912, and while it would benefit from a makeover, this could be done while retaining original features, such as some jarrah floors, timber windows and high, decorative ceilings.
Over the years, it has undergone a facelift and been extended with a second storey added, increasing the floor space and layout flexibility.
The fabulous views take in Torndirrup, the windfarm, Princess Royal Harbour, the jetty, entertainment centre and town, from rooms on both levels and a timber deck at the front.
In the original part of the house are the open family room and dining area heated by a big wood fire, and the kitchen – with a corner pantry, gas cook-top and wall oven – on one side.
There's a lounge and a long sunroom with a share of the view as well.
Also on the lower floor is a queen-sized bedroom with a walk-in robe and en suite bathroom, an office, a single bedroom, a second shower room and toilet, and the laundry.
Upstairs are two more bedrooms, a third bathroom, toilet and a sunny, open lounge with a corner window to make the most of the outlook.
There's internal access to the garage – big enough for a caravan and with workshop and storage space – and there's ample extra parking and turning space on the driveway.
With steel cladding and a steel roof, the home is functional and modernisation could be a straightforward project. Buyers can be assured that the integrity of the streetscape is protected by the Albany Historic Town Design Policy, retaining the character of the area and complementing the intrinsic style of this property.
The location a short walk from town, shops, schools, cafés and entertainment is a key drawcard, adding value to the investment potential for this outstanding real estate.

What you need to know:
- Character home circa 1912
- Some original jarrah floors, high decorative ceilings
- Expansive views over harbour, hills and town
- 1054sqm corner block
- Family/dining room with wood fire
- Lounge
- Sunroom
- Upstairs lounge with corner window for view
- Front deck; rear courtyard
- Office
- Queen-sized bedroom with walk-in robe, en suite shower room
- Single bedroom
- Two double bedrooms upstairs
- Second shower room on ground floor
- Upstairs bathroom and toilet
- Garage, extra parking
- Potential for subdivision or development of block
- Council rates $2,987.55
- Water rates $1,639.30

Property History for 18 Finlay St, Albany, WA 6330

A timeline of how this property has performed in the market
Last Sold
$749,000
05 Dec 2023
Listed for Rent
$260/w
14 Aug 2014
  • 14 Nov 2023
    Sold for $749,000
  • 09 Oct 2023
    Listed for Sale Offers Above $793,000
  • 03 Apr 2018
    Sold for $575,000
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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 48.44% increase in median value, while Units have seen a -11.48% decrease. As at 31 August 2024:

  • The median value for Houses in Albany is $560,249 while the median value for Units is $207,511.
  • Houses have a median rent of $475 while Units have a median rent of $350.
There are currently 23 properties listed for sale, and 6 properties listed for rent in Albany on OnTheHouse. According to CoreLogic's data, 48 properties were sold in the past 12 months in Albany.

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Tommie Watts
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Jeremy Stewart
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Merrifield Real Estate
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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.