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WA › South Kalgoorlie › Balfour St

14 Balfour St, South Kalgoorlie WA 6430

For saleHouse

$399,000

For sale

Asking

2

Bedrooms

1

Bathrooms

2

Car spaces

1,012 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $399,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $399,000(Listing record · 10 Aug 2026)
  • CalculationLand 1,012 m² against a 83 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in South Kalgoorlie (last 5 years) with land size: median $552/m² of land (n=98). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)
  • CalculationAsk is 11% below the South Kalgoorlie median recorded sale ($450,000, n=59, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at South Kalgoorlie's advertised median rent ($629/wk), implied gross yield would be 8.20% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$399,000

Asking · $394/m² of land

No recorded sale for this property.

Local land rate: recorded House sales in South Kalgoorlie (last 5 years) with land size have a median of $552/m² of land (n=98). Districts calculation from recorded sales — not a valuation.

South Kalgoorlie at a glance

4,683

People

$450,000

Median sale

$629/wk

Median rent

7.27%

Suburb gross yield

Median sale from 59 recorded sales (last 12 months) — a Districts calculation.

See the full South Kalgoorlie report →

Vs South Kalgoorlie

-11.3%

Median sale

Suburb $450,000

+0.93 pp

Gross yield

Suburb 7.27%

Suburb median $450,000 from 59 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$399,000
Stamp Duty (Western Australia)
$12,968
Transfer/Registration Fee
$225
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$415,893

$16,893 on top of the price (4.2% extra)

  • Stamp Duty (Western Australia)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Western Australia schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Pre-filled with South Kalgoorlie's advertised median rent — not a rent for this listing.

Net yield
6.70%
Annual cashflow (pre-tax)
$5,975
Interest cover (DSCR)
1.29
Annual rent
$32,708
Operating expenses
$5,985
Loan amount
$319,200
Annual interest
$20,748
Gross yield
8.20%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$399,000available10 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 1,012 m² — that is not official geometry. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $629/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Nearby development applications are not loaded for this property. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 8.2%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 1,012 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

South Kalgoorlie in one glance

South Kalgoorlie at a glance

4,683

People

$450,000

Median sale

$629/wk

Median rent

7.27%

Suburb gross yield

Median sale from 59 recorded sales (last 12 months) — a Districts calculation.

See the full South Kalgoorlie report →

Keep researching

  • Why South Kalgoorlie? Read the area thesis →
  • What else is on the market in South Kalgoorlie →
  • Other records on Balfour St →

Listing material

Listed by Elite Choice Real Estate

Hidden Character Home on 1,012m² with Huge Backyard & Endless Potential

Privately tucked away behind a beautifully established hedge, this charming 1935 character home offers the perfect combination of warmth, space and functionality on a generous 1,012m² block.

From the moment you arrive, you'll appreciate the privacy and welcoming feel of this much-loved home. Inside, polished timber floors, high ceilings and spacious rooms create a comfortable family environment, while the updated kitchen and multiple living spaces provide all the practicality needed for modern living.

Offering two generous bedrooms plus multiple versatile living spaces including an enclosed front sunroom, this home provides flexibility that is rarely found in homes of this era. Whether you need a home office, children's playroom, hobby room or additional living area, there's plenty of space to make it your own.

Read the full description

The updated kitchen features ample cupboard space, gas cooking and plenty of room for family meals, flowing through to the generous living room complete with both a cosy wood fire and gas bayonet for year-round comfort.

Step outside and discover a backyard designed for families and those who enjoy the outdoors. The expansive yard offers established fruit trees, a chook pen, multiple storage sheds, a covered patio for entertaining and plenty of room for children and pets to play. Rear access and ample parking make it ideal for trailers, caravans or additional vehicles.

Property Features

• Charming character home built in 1935

• Generous 1,012m² fully fenced block

• Two spacious bedrooms

• Additional office / front sunroom offering flexible living options

• One bathroom with a shower over the bath

• Updated kitchen with gas cooking

• Large family living room with wood fire and gas bayonet

• Indoor laundry with toilet

• Roof-mounted evaporative air conditioning

• Covered outdoor entertaining patio

• Double carport

• Outdoor 2nd toilet

• Original outdoor laundry converted into a storage room with power

• Additional sheds and storage throughout the property

• Established fruit trees

• Chook pen

• Gas hot water system

• Gas bottle supply

• Rear access with plenty of space for trailers, caravans or extra vehicles

Homes like this offer something that is becoming increasingly difficult to find, character, privacy, generous land size and versatile living spaces with room to grow. Whether you're searching for your first home, a family property with space to spread out, or an investment with future potential, this is an opportunity not to be missed.

Call or text Carla today to arrange your inspection 0467 635 483.

Listing description written by Carla Viskovich, Elite Choice Real Estate — reproduced as published, not verified by Districts.

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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