7 Melville StreetAlbany WA 6330
Property Details for 7 Melville St, Albany
7 Melville St, Albany is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1945. The property has a land size of 736m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Last Listing description (June 2023)
INNER CITY COTTAGES IN HIGH DEMAND
Fast becoming a rare commodity due to a spike in interest from savvy property punters and renovators, gems such as this somewhat neglected yet potential-packed, renovation-ready city centre original are now considered quite the prize in Albany.
And, the fact it has great prospects for harbour views, and sits beside a prime piece of real estate you could also acquire, simply heightens its appeal.
The 1940s home stands on a level lot, with side access to a shed and lean-to and the spacious, sunny aspect backyard.
Refurbish and expand your living at the rear of the home and add a second level to harness the views available, then move in and embrace the lifestyle, or flip the property and move onto your next project.
The home has obviously seen better days but its bones are solid, with jarrah framework throughout plus original decorative cornices, high ceilings and a new roof.
It is also more spacious than you might imagine.
The full-width semi-open verandah flows to a large separate lounge, with a classic 1940s fireplace.
The country kitchen is a great size and so typical of the era, with its Metters wood stove, which actually works. Even the bedrooms are a great size.
And as for the wet areas, they are certainly passed their use by dates, however, that won't deter inspired renovators.
Secure this diamond in the rough and create something new and exciting.
For more detailed information or to arrange a private viewing please contact Darren Leslie on 0414 888 244 or darren.leslie@raywhite.com or Rhett Bull on 0408 264 309 or rhett.bull@raywhite.com
Property History for 7 Melville St, Albany, WA 6330
- 30 Mar 2023Sold for $435,000
- 07 Dec 2022Listed for Sale Offers Above $439,000
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0About 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.
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