OFF MARKET

237A Grey Street W
Mount Melville WA 6330

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 176m2
Land area: 407m2
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Property Details for 237a Grey St W, Mount Melville

Building Type
Land
Year Built
1960
Floor Size
176m2
Land Size
407m2
Local Government
Albany
Lot/Plan
2/S051529

Last Listing description (March 2020)

Who doesn't love a challenge? Who doesn't love the calming and soul warming presence of a water view? Who doesn't love a location so close to town you never need worry about a designated driver? Who doesn't love a new opportunity to build a home to suit their tastes right down to the tiniest detail.With opportunities for new builds on the popular slopes of Mount Melville at a premium, this brand new 407 square metre block is a bit of a bargain find.Separated from the front cottage via a new colour bond fence and with the lead in of a new, modern bitchumised driveway, the block provides the opportunity for an aspiring developer to get in to the market at a bargain basement price and make the most of the great harbour side location.It would be a wonderful opportunity to create a new abode in the style of the historic nautical cottages which line the waterfront in Albany's CBD heritage precinct, or to wow the masses with a bespoke architect's design that fits effortlessly into the space and makes the most of the outlook.There is a height restriction on the build here (so that your neighbours out font can enjoy the view too), but the opportunities for creative thinking area still plenty.Watching inspirational shows such as Grand Designs, where daring young developers take on even more minute blocks to end up with jaw dropping masterpieces, ones mouth can quickly start watering about the potential of this little space.The beauty of building your own dream home is that you can create a flow that suits your lifestyle, and pick out all of the nifty extras that will make your life a breeze.Think little appliance nooks, that spot in the bathroom where your favourite vase from your travels takes pride of place, even down to the style of windows which would allow you to open up the house to the delightful sea breeze which will float in of an afternoon.You can also put your own personality into it, to make the most of the high personality location this little dream block offers.Whether it is to undertake a quick build for a fast sell turnaround and profit, a hearty project for an owner builder, or a first home buyer wanting a first abode that is a little different from the norm and repels the production line styling of suburbia, you can find the opportunity here.What you should know:- 407sqm rear block- Lovely harbour views on offer- Just a few moments drive from town- Location, location, location- 2017/2018 Water Rates $1,197.00- 2018/2019 City of Albany Rates $1,159.00

Property History for 237a Grey St W, Mount Melville, WA 6330

A timeline of how this property has performed in the market
Last Sold
$160,000
28 May 2019
  • 28 May 2019
    Sold for $160,000
  • 07 Apr 2016
    Listed for Sale $195,000

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About Mount Melville 6330

The size of Mount Melville is approximately 2.9 square kilometres. It has 5 parks covering nearly 32% of total area. The population of Mount Melville in 2011 was 1,079 people. By 2016 the population was 1,084 showing a population growth of 0.5% in the area during that time. The predominant age group in Mount Melville is 60-69 years. Households in Mount Melville are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Melville work in a professional occupation. In 2011, 53.6% of the homes in Mount Melville were owner-occupied compared with 58% in 2016.

Mount Melville has 740 properties. Over the last 5 years, Houses in Mount Melville have seen a 69.17% increase in median value, while Units have seen a 30.14% increase. As at 31 October 2024:

  • The median value for Houses in Mount Melville is $536,903 while the median value for Units is $271,530.
  • Houses have a median rent of $470 while Units have a median rent of $290.
There are currently 13 properties listed for sale, and no properties listed for rent in Mount melville on OnTheHouse. According to CoreLogic's data, 29 properties were sold in the past 12 months in Mount melville.

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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.