397 Albany Hwy, Orana is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1948. The property has a land size of 1328m2 and floor size of 75m2.This Property is currently listed for sale with Raine & Horne - Great Southern
Looking for a property that can provide rental income from day one? Then 397 Albany Highway is one you won't want to miss. Built in 1948, this home carries the charm and character of its era while offering plenty of potential for its next chapter. Conveniently located close to a range of local amenities, this two-bedroom home offers a practical and easy-to-maintain layout. The kitchen provides ample bench space and is serviced by bottled gas, while the spacious living area includes a reverse cycle air conditioner for year-round comfort. The bathroom features a shower over the bathtub, along with a separate toilet and laundry for added convenience. There is also plenty of parking available, making it easy to accommodate multiple vehicles. One of the standout features of this property is the impressive 1,328 m fully fenced rear section. Large blocks like this are becoming increasingly hard to find in such a convenient location. Offering plenty of usable space and room for additional shedding or future improvements (subject to relevant approvals), this is a property with plenty of potential. The property is currently leased under a fixed-term tenancy agreement until August 2027, providing investors with the confidence of secure rental income from settlement. Combining a generous landholding, a convenient location, and immediate rental return, this property presents an excellent opportunity for investors looking to secure a quality addition to their portfolio. The local authority is the City of Albany with coucil rates being approx $2106.06 per annum, and water rates being approx $296.90 per annum. To arrange a private viewing or request further information, please contact: Dana Kelly
Email - dana.kelly@greatsouthern.rh.com.au Phone - 0493 152 073
The size of Orana is approximately 2.4 square kilometres. There are 4 parks, covering nearly 6.6% of the total area. The population of Orana in 2016 was 2050 people. By 2021 the population was 2035 showing a population decline of 0.7% in the area during that time. The predominant age group in Orana is 10-19 years. Households in Orana are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Orana work in a trades occupation.In 2021, 59.10% of the homes in Orana were owner-occupied compared with 60.90% in 2016.
Orana has 1,026 properties. Over the last 5 years, Houses in Orana have seen a 106.76% increase in median value, while Units have seen a 95.19% increase. As at 31 August 2026:
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