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NSW › Balgownie › Balmoral St

2/28-30 Balmoral St, Balgownie NSW 2519

For saleTownhouse

$895,000

For sale

Asking

3

Bedrooms

2

Bathrooms

1

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $895,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $895,000(Listing record · 25 Aug 2026)
  • CalculationAsk is 44% below the Balgownie median recorded sale ($1,603,500, n=25, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Balgownie's advertised median rent ($810/wk), implied gross yield would be 4.71% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$895,000

Asking

No recorded sale for this property.

Balgownie at a glance

5,889

People

$1,603,500

Median sale

$810/wk

Median rent

2.63%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Balgownie report →

Vs Balgownie

-44.2%

Median sale

Suburb $1,603,500

+2.08 pp

Gross yield

Suburb 2.63%

Suburb median $1,603,500 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$895,000
Stamp Duty (New South Wales)
$34,687
Transfer/Registration Fee
$167
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
$933,554

$38,554 on top of the price (4.3% extra)

  • Stamp Duty (New South Wales)
  • 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: New South Wales schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

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

Net yield
3.21%
Annual cashflow (pre-tax)
$-17,845
Interest cover (DSCR)
0.62
Annual rent
$42,120
Operating expenses
$13,425
Loan amount
$716,000
Annual interest
$46,540
Gross yield
4.71%

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$895,000available25 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

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $810/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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 4.7%. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

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

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • 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

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Balgownie in one glance

Balgownie at a glance

5,889

People

$1,603,500

Median sale

$810/wk

Median rent

2.63%

Suburb gross yield

Median sale from 25 recorded sales (last 12 months) — a Districts calculation.

See the full Balgownie report →

Keep researching

  • Why Balgownie? Read the area thesis →
  • What else is on the market in Balgownie →
  • Other records on Balmoral St →

Listing material

Listed by MMJ Real Estate North

VILLAGE CHARM.

Tucked away within a beautifully maintained and peaceful complex, this charming townhouse offers an exceptional combination of space, natural light and effortless low-maintenance living. Boasting a sun-drenched north-facing courtyard, lovely character and a thoughtful two-level layout, this is a home that feels warm, private and inviting from the moment you arrive.

Perfectly suited to families, downsizers, first-home buyers or astute investors, the home features a generous open-plan living and dining area filled with natural light, creating a welcoming space for relaxed everyday living and entertaining. The well-appointed kitchen offers ample storage and quality appliances.

Upstairs, three generously sized bedrooms each feature built-in wardrobes, with the master enjoying its own private ensuite. Two bathrooms provide excellent functionality, while a downstairs powder room adds further convenience for family living and guests.

Read the full description

Positioned just moments from the heart of Balgownie Village, this home offers the perfect balance of peaceful, leafy surrounds and everyday convenience. Enjoy local cafés, eateries, boutique shopping and essential services all within easy reach, while nearby schools, parks and escarpment walking trails further enhance the lifestyle on offer.

For those who love the coast, Towradgi and Fairy Meadow beaches are only a short drive away, while Wollongong CBD is approximately 10 minutes from home. With convenient access to Sydney via road and rail, this is a fantastic opportunity to secure a spacious, character-filled townhouse in one of Balgownie's most sought-after pockets.

Warm, private and wonderfully positioned, this is a home that delivers on lifestyle, space and convenience - with a north-facing courtyard and beautiful character that make it truly stand apart.

See all of our listings FIRST on our socials before they hit the market–

@madisonphipps.realestate

*This advertising has been prepared by MMJ Real Estate (MMJ) for the purpose of advertising and general information only. MMJ do not guarantee, represent, or warrant that the information contained in this advertising is correct. Any interest party should undertake their own inquiries as to the accuracy of the information published.

Listing description written by Madison Phipps, MMJ Real Estate North — reproduced as published, not verified by Districts.

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Districts

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

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.