194 Grey Street W, Albany WA 6330
194 Grey Street W, Albany WA 6330
Large 1930s residence | 5 bed, 3 bath, 2 car | Rare central Albany landholding | Lift-equipped multi-level living
This is a competitively rare property for inner Albany, combining a substantial 5-bedroom 3-bathroom configuration with a lift and a landholding of around 1,370 square metres. The 1930 build date and heritage context on original Town Lot 262 place it in the older character stock that is less common than contemporary housing. The multi-level layout with vertical access serves multi-generational or extended-family buyers particularly well, while the central location and large lot offer versatility that standard suburban properties cannot match.
The build age and heritage context may impose constraints on renovation or extension work, which a buyer should weigh against the appeal of the land size and location. The absence of confirmed finish quality or recent upgrade history means the property’s condition could materially affect its value, so a thorough inspection is advised. The lift is a rare feature that adds practical value for accessibility but may also introduce ongoing maintenance costs that should be factored into any offer.
Detailed Independent Property Report prepared by PropCred Analyst team for 194 Grey Street W, Albany WA 6330
Checks found:
Value Risk
✕
2
Liquidity Risk
✕
2
Planning Risk
✓
Income Risk
!
1
Execution Risk
✕
2
Insight: Albany WA 6330
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.
PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
2
Land
1368m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst