Darra at a glance
4,262
People
$1,060,000
Median sale
$669/wk
Median rent
3.28%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
QLD › Darra › Balfour St
$638,000
Last sold
8 Oct 2021
3
Bedrooms
1
Bathrooms
3
Car spaces
1,009 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
Last sold
$638,000
8 Oct 2021 · derived via latest_sale
Local land rate: recorded House sales in Darra (last 5 years) with land size have a median of $950/m² of land (n=76). Districts calculation from recorded sales — not a valuation.
Darra at a glance
4,262
People
$1,060,000
Median sale
$669/wk
Median rent
3.28%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Vs Darra
-39.8%
Median sale
Suburb $1,060,000
+2.17 pp
Gross yield
Suburb 3.28%
Suburb median $1,060,000 from 18 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.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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 $669/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. 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
UnknownNearby 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.
Area
Darra at a glance
4,262
People
$1,060,000
Median sale
$669/wk
Median rent
3.28%
Suburb gross yield
Median sale from 18 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Selling HomesCome home to a wonderful piece of history that has withstood the test of time and is now available to purchase. Enjoy the mix of location and charm that this home possesses.
Situated on a huge flat 1009m2 block, on a well-presented street, and within walking distance to the upgraded Darra Train Station and all other amenities, the home's location is bursting with convenience.
This great locale is the home itself, which features traditional favourites including a solid stucco construction, high decorative ceilings and of course, a mango tree in the back yard!
Enter through a quaint front fenced garden to a generous tiled patio which exudes the charm of yesteryear, a perfect place to unwind and read a good book.
The spacious entry could be used as a home office as it can be closed off from the rest of the house. The massive living room features floor to ceiling custom built- in cabinetry catering to all of your storage needs. The large eat in kitchen also has plenty of good storage. The laundry and toilet are down a level and conveniently situated behind the kitchen at the back of the house.
The three bedrooms are a very generous size, the master has air-conditioning and all have built-in wardrobes.
The bathroom was renovated several years back and has a full bathtub and shower.
Other great features include air-conditioning and ceiling fans, a paved BBQ area, as well as plenty of potential for a granny flat, pool or look into the possibilities of a second dwelling (subject to council approval).
Seasoned investors know that this is an excellent opportunity in one of the best growth suburbs in Brisbane's Western corridor.
Darra is on the rise and this property will have huge upside potential, so register your interest early to secure this fantastic offering.
This property is being sold without a price and therefore a price guide cannot be provided until after the first inspection. The website may have filtered the property into a price bracket for website functionality purposes. As per legislation no price and no price range will be given to potential buyers.
Property Code: 293
Listing description written by Lisa Terare, Selling Homes — reproduced as published, not verified by Districts.