Craigieburn at a glance
71,986
People
No data
Median sale
$533/wk
Median rent
No data
Suburb gross yield
VIC › Craigieburn › Balconies Way
$1,000,000–$1,070,000
For sale
Asking range
5
Bedrooms
2
Bathrooms
2
Car spaces
820 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
$1,000,000–$1,070,000
Asking range · $1,220/m² of land
No recorded sale for this property.
Craigieburn at a glance
71,986
People
No data
Median sale
$533/wk
Median rent
No data
Suburb gross yield
Based on the low end of the asking range, not a contract price.
$61,144 on top of the price (6.1% extra)
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: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Craigieburn's advertised median rent — not a rent for this listing.
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.
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 $533/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
Gross yield if leased at the suburb aggregate is 2.8%. 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
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
Craigieburn at a glance
71,986
People
No data
Median sale
$533/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by McGrath CraigieburnIntroducing the 20 Balconies Way Estate
Introducing the landmark 20 Balconies Way Estate. Perfectly anchored at the crown of an elite, tightly held cul-de-sac, this grand 5-bedroom residence redefines premium living in Melbourne's northern corridor. Masterfully configured for multi-generational scale, corporate execution, and lifestyle luxury, this landmark home presents a rare combination of assets that simply cannot be replicated in today's market.
Anchored on a massive 820m² premium court allotment, the estate delivers complete geographical independence, a wide street presence, and absolute privacy with zero through-traffic in an era of shrinking blocks. Positioned directly opposite Perisher Reserve Playground, the home enjoys legally protected, permanent park frontage ensuring your peaceful, expansive outlook will never be built out. Elevate your evenings from the commanding master suite, featuring an opulent retreat complete with a twin-vanity ensuite, walk-in robe, and an intimate private balcony framing sweeping vistas of the parkland and clear views of the twinkling Melbourne city skyline.
Beyond the grand living domains lies the ultimate multi-professional "Work From Home" core. Designed to power seamless business operations without the corporate commute, this fully integrated, commercial-grade executive home office features 4 dedicated workstations to comfortably support a multi-person business team or dual independent operators. Fully wired with hardwired LAN infrastructure and high-speed data points throughout, it guarantees rock-solid connectivity complementing the Hyperfast NBN Fibre-to-the-Premises (FTTP) network. Entirely separate from the main family living zones, it offers executive couples the ultimate command centre to maintain a strict work-life balance.
Architecturally crafted with grand proportions, the light-filled interior adapts effortlessly to modern lifestyle shifts. Multiple zoned living domains bathed in northern sunlight across all seasons offer exceptional flexibility for grand-scale family entertaining. At the heart of the home, a centrally positioned gourmet chef's kitchen is finished with premium stone benchtops, stainless steel appliances, abundant preparation space, and practical pantry storage. Accommodations comprise five generous bedrooms, including four upstairs bedrooms equipped with spacious walk-in robes, plus a versatile lower-level fifth guest bedroom that easily pivots into a media or entertainment room for multi-generational living.
Indoor living flows effortlessly out to a covered alfresco area overlooking a sprawling, low-maintenance backyard ideal for year-round gatherings or a future swimming pool (STCA). Premium finishing touches include contemporary floorboards throughout for a clean and cohesive aesthetic, ducted heating and evaporative cooling for year-round climate control, and a remote-controlled extended double garage with ample footprint for a tradesman's workshop or secure storage bay. Situated in a tranquil court close to elite schools, childcare, shopping hubs, and transport links, 20 Balconies Way represents the absolute top tier of local real estate and an unrivalled opportunity to secure an elite lifestyle and business headquarters.
KEY FEATURES
· Light-Filled Family Living: Multiple zoned living domains bathed in northern sunlight across all seasons, offering exceptional flexibility for grand-scale family entertaining.
· Gourmet Chef's Kitchen: Centrally positioned and finished with premium stone benchtops, stainless steel appliances, abundant preparation space, and practical pantry storage.
· 5 Generous Bedrooms: Four upstairs bedrooms equipped with spacious Walk-In Robes (WIR), plus a versatile lower-level fifth guest bedroom that can easily pivot into an entertainment/media room.
· Opulent Master Retreat: Includes a twin-vanity ensuite, walk-in Robe, and an intimate private balcony overlooking Perisher Reserve.
· Outdoor Entertaining: Seamless indoor-outdoor flow to a covered alfresco area and an expansive, low-maintenance backyard ideal for year-round gatherings or a future pool (STCA).
· Extended Double Garage: Remote-controlled double garage featuring an extended footprint, perfectly suited for an additional tradesman's workshop, or secure storage bay.
· Year-Round Climate Control: Ducted heating and evaporative cooling ensure consistent, zoned comfort throughout.
· Low-Maintenance Luxury: Contemporary floorboards throughout create a clean, cohesive, easy-to-maintain finish.
· Prime Cul-de-Sac Location: Situated directly opposite Perisher Reserve Playground in a tranquil court close to elite schools, childcare, shopping hubs, and transport links.
"Disclaimer: The photographs are for illustrative purposes only and should not be solely relied upon. Buyers are advised to conduct their own investigations. The information provided is based on details from the property owner or their legal representative and is believed to be accurate, though not independently verified. No warranty is expressed or implied regarding its accuracy. We disclaim all liability for any loss or damage arising from reliance on this information. Independent professional advice is strongly recommended. See the due diligence checklist here: https://www.consumer.vic.gov.au/duediligencechecklist."
Listing description written by Gary Verma, McGrath Craigieburn — reproduced as published, not verified by Districts.
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