Parramatta Park at a glance
3,882
People
$762,000
Median sale
$583/wk
Median rent
3.98%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
QLD › Parramatta Park › Balfe St
$610,000
Last sold
20 Aug 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
415 m²
Building
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
$610,000
20 Aug 2024 · derived via latest_sale
Parramatta Park at a glance
3,882
People
$762,000
Median sale
$583/wk
Median rent
3.98%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Parramatta Park
-19.9%
Median sale
Suburb $762,000
+0.99 pp
Gross yield
Suburb 3.98%
Suburb median $762,000 from 9 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 $583/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
Parramatta Park at a glance
3,882
People
$762,000
Median sale
$583/wk
Median rent
3.98%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White CairnsThis beautifully presented, contemporary timber home ticks A LOT of boxes! Boasting sensational street appeal, this charming abode is proudly positioned 5 minutes away from the city.
Offering a unique floor plan consisting of main dwelling plus attached granny flat/studio. As you walk into this family home, you are greeted with stunning high cathedral ceilings in the main living, dining and kitchen area. This space leads out to the covered
timber deck and has outdoor blinds for privacy and all-weather entertaining. The master bedroom has two-way access to the main bathroom, as well as a separate toilet and hand basin.
With separate entrances, this property is perfect for those looking for a home, with diversity in its opportunities. Rent out the studio apartment while you live in the 3 bedroom, 1 bathroom dwelling, run a business, or use the house as a whole 4-bedroom, 2-bathroom home.
PROPERTY FEATURES:
- High cathedral ceilings over lounge, dining and kitchen
- Polished timber floors
- Spacious kitchen with plenty of bench and cupboard spaces, overlooking the rear yard
- Master suite separate to other rooms, with two way bathroom access, also servicing the remaining two bedrooms
- Large central bathroom, complete with a walk-in shower and separate bathtub
- Extra, separate toilet and hand basin
- Fully airconditioned throughout
- Large undercover timber deck perfect for outdoor entertaining
- 2 separate driveways and one carport
- Prime school catchment zones
- Internal Laundry
- Shed
Studio Apartment:
- Fully self-contained studio apartment, airconditioned throughout
- Bathroom, with walk-in shower
- Kitchenette, and open plan living space
- Rental appraisal: $350 per week
A 5 minute drive takes you to right into the city with great cafes, restaurants, bars, and entertainment. A lifestyle that Cairns is famous for is now at your fingertips.
Properties like these rarely become available… which comes as no surprise. Act now to avoid disappointment. This could all be yours!
Listing description written by Natasha Whalley-Thompson, Ray White Cairns — reproduced as published, not verified by Districts.