Balaklava at a glance
2,130
People
$400,000
Median sale
$402/wk
Median rent
5.23%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
$230,000
Last sold
2 Jan 2023
3
Bedrooms
1
Bathrooms
0
Car spaces
735 m²
Land
115 m²
Building
Districts View
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
Last sold
$230,000
2 Jan 2023 · derived via latest_sale
Local land rate: recorded House sales in Balaklava (last 5 years) with land size have a median of $313/m² of land (n=37). Districts calculation from recorded sales — not a valuation.
Balaklava at a glance
2,130
People
$400,000
Median sale
$402/wk
Median rent
5.23%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Balaklava
-42.5%
Median sale
Suburb $400,000
+3.86 pp
Gross yield
Suburb 5.23%
Suburb median $400,000 from 6 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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
SAPlanning 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.” Nearby development applications are not loaded. This lot’s own applications are a separate question.
Rental
No advertised rent is recorded. Suburb median rent $402/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. Nearby development applications are not loaded. This lot’s own applications are a separate question. 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
UnknownArea
Balaklava at a glance
2,130
People
$400,000
Median sale
$402/wk
Median rent
5.23%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by REAL Agents & AuctioneersWith echoes of the early 20th century around every corner this character home retains many of its original features and will reward renovators willing to put in some hard work.
Built from locally quarried stone, this residence has been relatively untouched and patina and early 1900's elements abound.
Built in the symmetric style that excites enthusiasts of this era, this home comprises of 4 main rooms with a 'lean to' at the rear in the traditional style.
Set on a curious corner allotment, this allotment provides vehicular access to the front and from the side making the most of its advantageous disposition.
Merely a short stroll to all the conveniences this effervescent township offers this property is simply seconds away from excellent public and private schooling, post office, IGA, a number of churches of various denominations and all the accompaniments of a township that is planning for the next generation as much as it is respectful to its first century and a half.
Upon entry, press tin adorns the ceilings whilst hardwood floors flow throughout the 4 main rooms. With 3 active fireplaces each offering their own intricacies and decoration.
The rooms are generously proportioned and because of the size deliver flexibility and additional utility in a way modern residences are unable.
The lean to presents with the original wood oven in one room and the more recently built kitchen on the other so almost offering 2 kitchens. These old wood ovens are highly collectible and are a fantastic feature to retain and it's easy to see that a renovation to the lean to in the fullness of time could better integrate the old and new in a much more seamless way.
Still presenting with an old 'out house' although fortunately there are amenities in the main bathroom so uneasy outside excursions for relief in the middle of the night need not occur.
With ample shedding to satisfy the home hobbyist or simply those that need space to store this is the ideal space to tinker a quiet Sunday away in.
Ideal for those seeking a country getaway or perhaps looking to secure their spot on the property ladder and who are prepared to do some work to add greater value over time this property presents as a wonderful opportunity to renovate and restore this home beyond its former glory.
Investors should note the high demand for rentals in the area with the township experiencing a very low vacancy rate and increasing demand for holiday accomodation in the area.
Balaklava is a township enjoying renewal. The council have engaged in streetscaping and beautification projects. Many of the historical buildings that make up the town centre are benefitting from renovation and businesses like the IGA are thriving in this effervescent epicentre of the mid north making it a destination for young families seeking to get the best start in life in a community they can love.
**DISCLAIMER*** Although the Agent has endeavoured to ensure the accuracy of the information contained within the marketing material we remind prospective purchasers to carry out their own due diligence and to not rely upon the information in this description. This description does not warrant that all features, improvements or appliances are in working order or have necessary approvals and the Agent advises all parties interested in the home to undertake their own investigations prior to purchase.
CT: 5523/258
Land Size: 735m²
House Size: 115m²
Year Built: 1890
Zone: Neighbourhood
Council: Wakefield
RLA 232366
Listing description written by Dave Stockbridge, REAL Agents & Auctioneers — reproduced as published, not verified by Districts.
Nearby development applications are not loaded. This lot’s own applications are a separate question.
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.