OFF MARKET

38 Melville Street
Albany WA 6330

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 137m2
Land area: 453m2
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Property Details for 38 Melville St, Albany

Building Type
Land
Year Built
2021
Floor Size
137m2
Land Size
453m2
Local Government
Albany
Lot/Plan
18/P058675

Last Listing description (October 2019)

Situated just 800-metres from all the action and attractions of downtown Albany and within the charming Albany Historic Precinct, this valuable R30-zoned 453sqm lot also reveals views of Princess Royal Harbour and immense potential to harness even more. It enjoys a pleasant elevation and is fully-serviced, well-retained and build- ready. A choice of plans customised to suit the lot has already been drawn up and is available if desired. Choose from the single or two-storey home designs or two-unit design. Whether you are looking to build and live in the area, embark on a unit development or hold some land long-term, this property offers a special lifestyle and the possibility of healthy rent returns and sound capital growth. Lots such as this are a rare find in this sought-after and very charming area of Albany.

Phone enquiry code for this property: 1026

Property History for 38 Melville St, Albany, WA 6330

A timeline of how this property has performed in the market
Last Sold
$287,000
30 Aug 2019
  • 30 Aug 2019
    Sold for $287,000
  • 10 Aug 2011
    Listed for Sale $327,000
  • 23 May 2011
    Sold for $300,000

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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, 46 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.