461 Lower King Rd, Lower King is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1988. The property has a land size of 2024m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Developers have a golden opportunity to capitalise on this huge 0.2ha (half-acre) property, as it has extra-wide side access and is level, deep sewered, subdividable and well-located in a popular area of Albany, within an easy drive of amenities and coastal attractions.
However, they are not the only prospective buyers that stand to benefit from this substantial property.
Anyone from lifestylers and tradies to families and avid renovators could really make something of it.
The size of Lower King is approximately 9.2 square kilometres. It has 5 parks covering nearly 3.7% of total area. The population of Lower King in 2011 was 1,738 people. By 2016 the population was 1,827 showing a population growth of 5.1% in the area during that time. The predominant age group in Lower King is 10-19 years. Households in Lower King are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Lower King work in a professional occupation. In 2011, 79.8% of the homes in Lower King were owner-occupied compared with 82.4% in 2016.
Lower King has 952 properties. Over the last 5 years, Houses in Lower King have seen a 71.52% increase in median value, while Units have seen a 14.24% increase. As at 31 October 2024:
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