50B Melville Street, Albany WA 6330
50B Melville Street, Albany WA 6330
harbour views | CBD hideaway | 3-2-1 layout | 486m2 block | 1999 build
This property commands a rare combination of panoramic harbour views and central Albany positioning, packaged as a private hideaway. Its compact 3-bedroom layout with dual bathrooms suits professionals or downsizers seeking a low-maintenance premium address. The 1999 build offers modern bones without age-related compromises, and the 486-square-metre block provides usable outdoor space without excess land cost. For a buyer prioritising location and outlook over sheer size, this property represents a defensible entry into Albany’s prime residential tier.
The main risk is data inconsistency across portals, particularly around land size and parking, which could signal previous misconfigurations or subdivision complexities. A bushfire overlay adds a planning consideration. However the strong capital growth from 2013 and above-estimate automated valuation suggest the market has priced in the premium correctly. Rental estimates sit well above Albany medians, offering solid holding power. Treat this property as a long-term lifestyle hold with steady capital appreciation rather than a renovation play.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 50B Melville Street, Albany WA 6330
Market Insight:
Albany is a resilient regional hub where strong employment, coastal lifestyle, and quality schooling attract families, retirees, and professionals. Demand is driven by population growth and a critically tight rental market, supporting robust price growth and rapid sales. Future prospects are underpinned by infrastructure and low vacancy, though affordability constraints and interest rate sensitivity present key considerations for certain market segments.