SOLD
Sold on 07 Dec 2023 for $300,000

47A Hill Street
Albany WA 6330

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 428m2
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Property Details for 47a Hill St, Albany

47a Hill St, Albany is a 0 bedroom, 0 bathroom House. The property has a land size of 428m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 0 bedroom House sold in Albany in the last 12 months.

Building Type
House
Land Size
428m2
Local Government
Albany
Lot/Plan
51/P410304

Last Listing description (January 2024)

It's easy to drive right past a block like this and not realise its true potential and value. 1. At first glimpse, you'll notice that you can see gorgeous water views even from the roadside and that the neighbours on both sides are already in place. This means you can plan your build in the best position to enjoy privacy and views. Positive 1.2. You also realise that you're on one of the highest streets in Albany and that you look down on the little enclave of homes below on Grey Street East. All the homes naturally face the views which add privacy to whatever you build. Positive 2. 3. The block is wide at the roadside 19.8m with the right-hand side 26.1m and the left-hand side 31.7 m. The back is 10.7m. When looking at a tapered block, you usually want decent road frontage - especially if you're planning direct access to the home and garages from the road. Having a block like this allows you to take full advantage of the western position and the glorious afternoon sun (summer and winter) and enjoy maximum privacy and the most spectacular views from the northwest to the south, overlooking town, Princess Royal Harbour and out to the wind farm on Torndirrup. The front will probably be a lawned area, so a 10.7m back is ideal too. Only locals know that this area has a second massive benefit. Let's face it, Albany can get very windy - we're living at the sea after all. Mt Clarence has your back and will protect you from the nasty south easterlies, which is no small fry. Positive 3.4. The next consideration is the dreaded potential of losing your views as there is a vacant block adjacent to the back boundary. This block (Lot 36 on the pictures) has a 28m back boundary and looking down at it from 47A, your views will be towards the left of this block and beyond. Yes, the block is a lot lower so you should be safe, but there is even better news. Take a walk down there and I'm sure you'll agree that in order to enjoy the best possible views on 36, they'll probably build a small double-story home on the far side of the boundary. It makes sense. Secondly, we have a Restrictive Covenant, Document RD K778643 registered against Lot 36 as extra protection for Lot 37. When this block (36) was subdivided from 37, restrictions were placed on building heights and the type of building construction permitted. Point d) in this document also states the following: "...any garage or carport unless it is set back a minimum of 5 m from the boundaries of the covenantor's property (37) or 3 m where 2 additional car parking spaces are provided elsewhere on the covenantor's property."I recommend checking with a qualified surveyor if this block is of any concern to you. This is my interpretation of the block and documentation at hand. I believe the likelihood of any building on block 36 severely influencing your plans and views, is minimal. Positive 4. 5. Last but not least is the price. If you've been searching for a block in town, you'll be well aware that they're very few and far between, purely because it's in town. Most of these blocks are immediately snapped up as investments or held in trust by families for the next generations, so it is a rare commodity, especially if they offer expansive views as well. Positive 5.A short 10-minute walk down the hill and you're in the centre of town. Albany Primary and Albany Senior High School are just a 5-minute walk over the top of the hill toward Middleton Beach. Water, sewerage and power are all available.Rates and taxes are around $1,200 per annum. Get in touch if you're looking for a block to build your dream home with extensive water views while sipping sundowners in near windless conditions on your gorgeous deck - or looking for somewhere safe to invest your money. Please contact the exclusive agent Jess on 0410 631 335 for more information. Conditions regarding sewer, waste and rainwater apply to this block. I'm happy to meet you at the block to discuss all the advantages of owning this rare slice of paradise.

Property History for 47a Hill St, Albany, WA 6330

A timeline of how this property has performed in the market
Last Sold
$300,000
07 Dec 2023
  • 07 Dec 2023
    Sold for $300,000
  • 01 Dec 2020
    Listed for Sale $350,000

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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.

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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.