Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

SA › Balhannah › West Tce

2 West Tce, Balhannah SA 5242

House

$850,000

Last sold

12 July 2021

4

Bedrooms

1

Bathrooms

2

Car spaces

3,450 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $850,000 (12 July 2021).(Recorded sale)
  • FactLand 3,450 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Balhannah (last 5 years) with land size: median $837/m² of land (n=42). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

$850,000

12 July 2021 · derived via latest_sale

Local land rate: recorded House sales in Balhannah (last 5 years) with land size have a median of $837/m² of land (n=42). Districts calculation from recorded sales — not a valuation.

Balhannah at a glance

1,815

People

$1,015,000

Median sale

$608/wk

Median rent

3.11%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Balhannah report →

Vs Balhannah

-16.3%

Median sale

Suburb $1,015,000

+0.61 pp

Gross yield

Suburb 3.11%

Suburb median $1,015,000 from 7 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$850,00012 July 2021
  2. Listedprice unknowncompleted21 June 2021

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

Capital growth

SA

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.” Nearby development applications are not loaded. This lot’s own applications are a separate question.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $608/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. 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.

What does the yield actually look like?

Confidence: low

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

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

    Nearby development applications are not loaded. This lot’s own applications are a separate question.

  • 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

Balhannah in one glance

Balhannah at a glance

1,815

People

$1,015,000

Median sale

$608/wk

Median rent

3.11%

Suburb gross yield

Median sale from 7 recorded sales (last 12 months) — a Districts calculation.

See the full Balhannah report →

Keep researching

  • Why Balhannah? Read the area thesis →
  • What else is on the market in Balhannah →
  • Other records on West Tce →

Listing material

Listed by Adcock Real Estate

Ring the bell for a relic with potential…

What we wouldn't give to hear Heritage-listed "Gilleston's" pioneering tales ... from its days as Balhannah's schoolhouse c1858, to the untold potential it now poses as an eclectic renovator's venture over 2 historical titles.

A move fit for the historian, musician, creative, recluse, nature buff, or family seeking to keep or divide its 910sqm and 2540sqm respective parcels.

They say it was built for 395 pounds, closed many times between 1876 and 1938, taught 71 students in 1870 and underwent renovations in 1915.

Read the full description

Today, the converted 4-bedroom home's structure is complex yet strikes gold for the modern family – the standouts are its sunlit Gothic-style windows, well-trodden timber floors, huge master and sitting rooms each with charming open fires, and that northerly-facing timber-clad sunroom gazing across the vast grounds and worth a kip in at this time of year.

The modest kitchen, also teeming with sunlight, hosts timber joinery, an electric cooktop, and a huge walk-in pantry; there's a vintage bathroom alongside, and a 2nd WC tucked against the laundry.

For the creatives it gives more. Think music room, a study with rear verandah access, and a 4th bedroom/studio under weathered exposed beams rising via open tread stairs to a loft/mezzanine – or quiet quill time, as it may have been way back when.

Yet not that long ago, musos gathered for impromptu recitals on the verandah – you can imagine the acoustics – ahead of grounds and garden beds besieged by birdlife, blooming wattles, climbing roses, camellias, gums, and pines that in days past saw squealing pupils find limbs to climb between lessons.

From the block's numerous outbuildings from wood and utility storage to a garage and dual carports; where you take the lot of it tomorrow is the simple and rustic beauty of it.

For those tempted by an ambitious restoration, consider the outcome - think Grand Designs in scale, but better, in historic Balhannah…

If school's out, then lifestyle is in.

This one is more than special:

c1858 Heritage-listed Balhannah schoolhouse

2 titles / Lot 186: 910sqm & Lot 93: 2540sqm

Endless floorplan flexibility

Scope to renovate/restore (STCC)

Master bedroom & sitting room with open fires

4 bedrooms + study

Versatile loft/mezzanine and attic space

Main street privacy on a corner allotment

Garaging, a wood store & various utility and storage

Mains water

And so much more…

Adcock Real Estate - RLA66526

Andrew Adcock 0418 816 874

Jake Adcock 0432 988 464

Nikki Seppelt 0437 658 067

*Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor or contracted illustrator take any responsibility for any omission, wrongful inclusion, misdescription or typographical error in this marketing material. Accordingly, all interested parties should make their own enquiries to verify the information provided.

The floor plan included in this marketing material is for illustration purposes only, all measurement are approximate and is intended as an artistic impression only. Any fixtures shown may not necessarily be included in the sale contract and it is essential that any queries are directed to the agent. Any information that is intended to be relied upon should be independently verified.

Listing description written by Andrew Adcock, Adcock Real Estate — reproduced as published, not verified by Districts.

Property features

  • Floorboards
  • Living Areas: 2
  • Secure Parking
  • Shed
  • Toilets: 2
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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