Thornhill Park at a glance
6,679
People
$580,000
Median sale
$531/wk
Median rent
4.76%
Suburb gross yield
Median sale from 212 recorded sales (last 12 months) — a Districts calculation.
VIC › Thornhill Park › Balsam Loop
For sale
For sale
0
Bedrooms
0
Bathrooms
0
Car spaces
350 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
No recorded sale price for this property yet.
Thornhill Park at a glance
6,679
People
$580,000
Median sale
$531/wk
Median rent
4.76%
Suburb gross yield
Median sale from 212 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. 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.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $531/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. 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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Thornhill Park at a glance
6,679
People
$580,000
Median sale
$531/wk
Median rent
4.76%
Suburb gross yield
Median sale from 212 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bal Real Estate TruganinaSuren Babu from Bal Real Estate proudly presents an exceptional opportunity to secure a premium parcel of land at 15 Balsam Loop, Thornhill Park. Located in the highly sought-after The Thornhill Gardens Estate, this outstanding 350sqm east-facing allotment offers the perfect opportunity to build your dream home or expand your property portfolio.
With a generous 12.5-metre frontage and 28-metre depth, this well-positioned block provides an ideal foundation for a variety of home designs, allowing you to create a residence that perfectly suits your lifestyle, needs, and future aspirations.
Nestled within the thriving The Thornhill Gardens Estate, this premium allotment offers the perfect balance of modern living, convenience, and future growth potential. Surrounded by quality homes, beautifully planned streetscapes, parks, and family-friendly amenities, this is an exciting opportunity to secure land in one of Melbourne's fastest-growing western suburbs.
Whether you are a first-home buyer looking to build your dream residence, a growing family searching for the perfect location, or an investor seeking a valuable opportunity in a high-growth corridor, 15 Balsam Loop, Thornhill Park presents endless possibilities.
Key Highlights
• Premium 350sqm east-facing allotment in the sought-after The Thornhill Gardens Estate
• Approx. 12.5m frontage x 28m depth
• Ideal block to design and build your dream home
• Perfect opportunity for first-home buyers, families, and investors
• Surrounded by quality homes and modern developments
• Located in a rapidly growing western growth corridor
• Excellent potential for future capital growth
• Peaceful and family-friendly community environment
• Prime Location & Nearby Amenities
• Close to Thornhill Park Town Centre offering shopping, cafes, and everyday conveniences
• Minutes from Thornhill Park Primary School
• Surrounded by parks, playgrounds, walking tracks, and recreational facilities
• Easy access to major road networks including connections towards Melbourne CBD and surrounding suburbs
• Convenient access to public transport options
• Short drive to nearby train stations for easy commuting
• Close to essential services, schools, and family amenities
Don't miss this rare opportunity to secure land in The Thornhill Gardens Estate, Thornhill Park. Whether you are planning to build your forever home or investing for the future, this east-facing allotment offers the perfect combination of location, lifestyle, and long-term value.
Contact Suren Babu on 0431 214 007 or Sapna Lamba on 0494 681 032 today to secure this outstanding lot before it's gone.
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation by the vendor or agent. Images are for illustrative purposes only. Please see the below link for an up-to-date copy of the Due Diligence Checklist:
https://www.consumer.vic.gov.au/library/publications/housing-and-accommodation/buying-and-selling-property/due-diligence-checklist.docx
Listing description written by Suren Babu, Bal Real Estate Truganina — reproduced as published, not verified by Districts.