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.
$410,000
Last sold
12 Dec 2017
3
Bedrooms
2
Bathrooms
2
Car spaces
1,030 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
$410,000
12 Dec 2017 · 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.
Vs Balhannah
-59.6%
Median sale
Suburb $1,015,000
+4.60 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 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 $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.
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
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.
Listing material
Listed by Weston Properties Pty LtdSituated in the heart of Balhannah, only a hop, skip and a jump to the Oakbank school, or the city bound bus stop. This home on a generous 1030sqm allotment will suit families, investors, first home buyers and more!
Entry to the home reveals a tiled entrance hall which leads directly to the freshly painted and carpeted family room. The family room lends itself to a relaxed space to enjoy time with the family, and the 'L' shape design incorporates the space for a formal dining setting if required.
Through to the completely renovated kitchen which is now a light and bright and quite spacious. The open plan format presents another excellent, and perhaps more practical area to enjoy family meals at the table. The breakfast bar delivers an area for less informal meal time space, or a spot to sit and chat over a wine whilst the husband cooks dinner!
Along the hallway to the north eastern end of the home are the three well proportioned, newly re-carpeted bedrooms. The master bedroom with its retro, feature timber wall is decent size and offers walk in robe plus en-suite bathroom with toilet, shower and 2 door vanity. Bedroom two offers wall to wall length robes.
The main, original, family friendly bathroom presents bath, shower and two door vanity. The toilet is separate and directly adjacent the laundry with exterior access.
The rear yard is as family friendly as you can get! Flat and with a huge lawn area - there is also a second driveway entrance to the rear - so those looking for space to build a shed - this area will not disappoint!
Undercover entertaining includes a six meter by three meter pergola which overlooks the large yard - Outdoor living, fresh air and BBQs will be the order of the day! Undercover parking is via a double carport and there is a small garden shed along the back fence line.
Inspect and explore for yourself and prove your instincts true. A spacious and flexible floor plan, and all of this this just a few minutes walk to local shops. including supermarket, hotel, chemist, doctors, dentist, bakery and the soon to be opened 'on the run' 24 hour service station.
Listing description written by Georgia Weston, Weston Properties Pty Ltd — reproduced as published, not verified by Districts.