137 Serpentine Road Albany WA 6330

137 Serpentine Road Albany WA 6330
1958-built house | R30 zoning on 971mΒ² lot | subdivision potential | Albany school catchments | neat & tidy presentation This property presents a clear opportunity based on its underlying land value and zoning. The generous 971mΒ² block with R30 residential zoning provides future subdivision potential, a competitive edge over standard lots. Its position within the Albany Primary and High School intake areas creates inherent demand from families. The house itself, while modest in size, is described as solid and well-presented, offering immediate comfort while the land appreciates. The primary decision hinges on verifying the subdivision feasibility and resolving the bedroom discrepancy, which impacts both valuation and rental appeal. The listed price sits significantly below the estimated value, suggesting a motivated seller or a pricing strategy requiring your due diligence. Proceed with an offer strategy that reflects the cost of confirming subdivision costs and any renovation needed to align bedroom counts. A Propcred report would specifically clarify the real market valuation through comparable sales and detail locality-specific risks like zoning verification and insurance assessments.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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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.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

2

Land

971mΒ²

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