41 Broughton St, Orana is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 1344m2 and floor size of 154m2. While the property is not currently for sale or for rent, it was last sold in November 2013.
Potential Triplex Development Site
So, it???s obviously not the flashiest property on the street by any stretch of the imagination but it???s certainly one of the cheapest currently on the market in Albany, and that???s something worth getting excited about. This 1,344sqm property also packs a punch when it comes to its redevelopment and/or renovation potential. It???s also in a pretty handy location near a key shopping precinct, high school and the Great Southern Institute of Technology.
The block size and two-road frontage make it a hot prospect for subdividing into a three-unit site. There is also the option to renovate the existing home and subdivide and build units on the back. That gives the buyer the choice of living in one of the properties and renting out the rest, or simply renting out all three.
The size of Orana is approximately 2.4 square kilometres. It has 4 parks covering nearly 6.6% of total area. The population of Orana in 2011 was 2,009 people. By 2016 the population was 2,075 showing a population growth of 3.3% in the area during that time. The predominant age group in Orana is 0-9 years. Households in Orana are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Orana work in a labourer occupation. In 2011, 57.8% of the homes in Orana were owner-occupied compared with 60.9% in 2016.
Orana has 1,016 properties. Over the last 5 years, Houses in Orana have seen a 83.18% increase in median value, while Units have seen a 18.33% increase. As at 31 October 2024:
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