25 Bay Street

Albany WA 6330

589 m²

Land

Last sold for $427,500

Jeremy Stewart, last sold this property on 16 August 2026 after 216 days on market.

Overview

UNLOCK THE VIEW - BUILD TO SUIT YOUR VISION

Buyers searching for a central site with excellent development potential and excellent views will find this standout block on Bay Street a compelling option. Set high on the hillside just moments from Albany's historic town centre, this 589sqm residential block delivers expansive outlooks across Princess Royal Harbour, and over the port. The topography is steep—making it ideal for a custom-designed home that takes full advantage of the elevation and the unique contours of the land. Zoned Residential R30, the property allows for flexibility in design, and it falls under the City of Albany's Historic Town Design Policy, which guides architectural style and streetscape compatibility to respect the character of the area. Height limits include up to 8m for gables and 6.5m for concealed roofs, opening the door for a striking multi-level build with show-stopping appeal. Essential services—water, sewer, power, and telecommunications—are available at the boundary, and there's no building timeframe, giving you the freedom to plan and prepare at your own pace. The location is a major drawcard. Less than 1km from Albany's bustling CBD, it's walking distance to shops, cafés, the museum, and the foreshore. With the right design, the end result here could be a spectacular residence or lock-and-leave with a view to match the city's best. There's no denying this is a block that will require thought and vision. But for the buyer with creativity—and a desire to stand out—25 Bay Street offers a rare opportunity to build something truly special. What you need to know: • 589sqm sloping residential block • Zoned R30, falls under Historic Town Design Policy • Services available: water, power, sewer, telecom • Maximum building height: gable 8m, concealed roof 6.5m • No building timeframe • Short walk to Albany town centre, harbour, cafés, shops • Ideal for custom home or investment with iconic views • Council Rates $1,467.96 • Water Rates $1,603.19

Features

589 m² lot size

Land

Estimated Value

Based on this property and similar land plots sold in Albany over the last 12 months, the estimated median property value of 25 Bay Street is $427.5k.

Median value

$427.5k

Estimated value range

$411k - $467.53k

Median days on market

Estimated value trend

-5%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Albany. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 25 Bay Street

2026

Sold

$427,500

16 Aug 2026 by Jeremy Stewart, of Merrifield Real Estate

2020

Sold

$300,000

02 Nov 2020 by Lorraine Stevenson, of @realty - WA

Happy sellers in Albany

We have insufficient information to provide an overview of customer satisfaction for Albany. Viewing the agent profiles, reviews and sales for Albany can provide insights for this location.