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SA › Flagstaff Hill › Balara Cres

21 Balara Cres, Flagstaff Hill SA 5159

House

$1,096,000

Last sold

13 Mar 2026

4

Bedrooms

2

Bathrooms

1

Car spaces

890 m²

Land

243 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $1,096,000 (13 Mar 2026).(Recorded sale)
  • CalculationRecorded House sales in Flagstaff Hill (last 5 years) with land size: median $1,326/m² of land (n=124). 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

$1,096,000

13 Mar 2026 · derived via latest_sale

Local land rate: recorded House sales in Flagstaff Hill (last 5 years) with land size have a median of $1,326/m² of land (n=124). Districts calculation from recorded sales — not a valuation.

Flagstaff Hill at a glance

10,582

People

$1,115,000

Median sale

$667/wk

Median rent

3.11%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Flagstaff Hill report →

Vs Flagstaff Hill

-1.7%

Median sale

Suburb $1,115,000

+0.05 pp

Gross yield

Suburb 3.11%

Suburb median $1,115,000 from 60 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$1,096,00013 Mar 2026
  2. Listedprice unknowncompleted25 Feb 2026
  3. Listedprice unknowncompleted25 Feb 2026

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 $667/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

Flagstaff Hill in one glance

Flagstaff Hill at a glance

10,582

People

$1,115,000

Median sale

$667/wk

Median rent

3.11%

Suburb gross yield

Median sale from 60 recorded sales (last 12 months) — a Districts calculation.

See the full Flagstaff Hill report →

Keep researching

  • Why Flagstaff Hill? Read the area thesis →
  • What else is on the market in Flagstaff Hill →
  • Other records on Balara Cres →

Listing material

Listed by Ray White Flagstaff Hill

Retro Charm and Unlimited Potential in a Leafy Flagstaff Hill Sanctuary

Step back in time and discover a residence where 1980s architectural flair meets solid brick integrity. This 1984-built residence is full of original charm, offering a sense of nostalgia and scale that is rarely found. From the moment you step inside to the first level, the home reveals its grand personality through soaring high raked ceilings and an expansive living area centred around a cozy feature fireplace and a classic built-in bar. It is a light-filled space that feels both welcoming and incredibly spacious, with large windows that frame the peaceful, leafy surrounds.

The layout is designed for those who love to host, featuring a separate dining room and a large, original kitchen equipped with gas cooking. The kitchen itself enjoys a serene treetop vista, making it a beautiful space to prepare meals, while the massive walk-in pantry offers a footprint perfectly suited for a modern butler's pantry conversion. Accommodation is equally generous, with three well-sized bedrooms on the first floor. The primary suite serves as a true retreat with a walk-through robe and ensuite, complemented by a main family bathroom that includes a bathtub and the added convenience of a separate toilet.

Descending to the lower level, the home's scale truly impresses. A second, massive living zone-complete with its own built-in bar-provides the ultimate footprint for a games room, teenager's retreat, or a vibrant multi-purpose entertaining hub. This level also boasts a separate sitting room, perfect for a quiet reading nook, alongside an exceptionally large fourth bedroom that could easily serve as a rumpus room or a dedicated home cinema. Supported by a third toilet and a large laundry, it is a floor plan that offers incredible flexibility for growing families or multi-generational living, all while maintaining that authentic, solid-brick feel.

Read the full description

The outdoor space is a genuine 886sqm blank canvas. Stripped back and ready for a new vision, the backyard is a cleared sanctuary waiting for a designer deck, a sparkling pool, or a lush terraced garden to complement the existing balcony.

Property features;

- Solid brick construction, preserved in its original charm

- High raked ceilings, feature fireplaces, and two built-in bars

- Separate dining and living spaces

- Large kitchen with gas cooking and treetop views

- 4 large bedrooms, including a primary suite with double-vanity ensuite

- Massive downstairs living with a 3rd toilet

- Ducted evaporative cooling

- Large single garage with internal access

- Garden shed

- 886sqm (approx.) allotment offering endless landscaping potential

- Built in 1984

Perfectly positioned in a premier pocket of Flagstaff Hill, you are within walking distance of the Sturt Gorge trails, the local Golf Club and the Flagstaff Hill Kindergarten and Primary School. With the shopping complex nearby and easy transport links to Westfield Marion and the CBD, this home offers a lifestyle of total convenience. Whether you choose to enjoy the vintage vibes as-is or embark on a contemporary renovation, this massive block and high-character build represent a standout opportunity for an even better future in a sought-after suburb.

For more information contact Sam Conlen 0432 379 733 or Tara Witham 0421 953 033.

Disclaimer - Every precaution has been taken to establish the accuracy of the material herein. Prospective purchasers should not confine themselves to the contents but should make their own enquiries to satisfy themselves in all respects. Ray White Flagstaff Hill will not accept any responsibility should any details prove to be incomplete or incorrect - RLA 284838.

Listing description written by Sam Conlen, Ray White Flagstaff Hill — reproduced as published, not verified by Districts.

Property features

  • Ensuites: 1
  • Toilets: 3
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.