OFF MARKET

87 Frederick Street
Albany WA 6330

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1019m2
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Property Details for 87 Frederick St, Albany

Building Type
Land
Land Size
1019m2
Local Government
Albany
Lot/Plan
16/D030744

Last Listing description (October 2013)

With few commercial plots of vacant land remaining in Albany's growing city centre, those that do come onto the market present a rare investment opportunity for the discerning buyer.
This level 1019sqm block surrounded by shops, restaurants, accommodation, offices, hotels and ample parking, is ripe for development.
Zoned Central Area and offering prime street frontage and easy access, any building constructed on the site could house a variety of businesses if desired.

Property History for 87 Frederick St, Albany, WA 6330

A timeline of how this property has performed in the market
Last Sold
$554,400
19 Sep 2013
  • 18 Oct 2013
    Listed for Sale $770,000
  • 19 Sep 2013
    Sold for $554,400
  • 29 Sep 2005
    Sold for $1,455,000
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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.