Balgownie at a glance
5,889
People
$1,603,500
Median sale
$810/wk
Median rent
2.63%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
$1,575,000
Last sold
23 Sept 2025
6
Bedrooms
4
Bathrooms
4
Car spaces
846 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
$1,575,000
23 Sept 2025 · derived via latest_sale
Local land rate: recorded House sales in Balgownie (last 5 years) with land size have a median of $2,169/m² of land (n=69). Districts calculation from recorded sales — not a valuation.
Balgownie at a glance
5,889
People
$1,603,500
Median sale
$810/wk
Median rent
2.63%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Balgownie
-1.8%
Median sale
Suburb $1,603,500
+0.04 pp
Gross yield
Suburb 2.63%
Suburb median $1,603,500 from 25 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $810/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Balgownie at a glance
5,889
People
$1,603,500
Median sale
$810/wk
Median rent
2.63%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by The Agency IllawarraA truly rare and exciting opportunity in one of the Illawarra's most tightly held suburbs, this exceptional property in the heart of Balgownie Village offers unmatched versatility and value. Set on a generous 846sqm parcel of land on a quiet & private block, the property features three fully self-contained residences – perfect for investors, extended families, or savvy homeowners looking to generate strong rental returns.
Conveniently set back from the street via a private driveway, this property presents outstanding value and versatility for a range of buyers. Whether you're an investor seeking multiple income streams, a multi-generational family wanting to live close together with privacy, or a homeowner looking to occupy one residence and offset your mortgage with rental income – this property provides the flexibility to suit with 348sqm of internal space (approx)
Property Features:
Dwelling One - Three Bedroom Apartment with forth bedroom option:
Located on the upper level, this light-filled residence features spacious open-plan living, a large functional kitchen, three well-proportioned bedrooms, with the main benefitting from a walk in robe and ensuite. Ideal for families or long-term tenants, it also offers a huge rumpus space with North-East facing panoramas and ocean glimpses. The estimated rental income on this apartment is $750 per week.
Dwelling Two - Two Bedroom Apartment:
Situated on the lower level with its own separate entrance, this neatly presented apartment includes an open living/dining area, functional kitchen, two bedrooms, and plus an additional laundry. A great option for young couples, professionals, or small families, the property is currently leased to a long term tenant for $475 per week.
Dwelling Three - Bedsit/Studio:
Fully self-contained, this compact space is perfect as a rental, guest accommodation, or even a home office. It includes its own kitchenette, bathroom, and separate entry, offering excellent flexibility and consistent demand. Currently tenanted to a long term tenant for $320 per week.
This is a rare opportunity to secure a high-yielding, multi-residence property in a prime lifestyle location. With exceptional flexibility and strong current returns, this standout blue chip investment in Balgownie is one to be considered.
- Set on a fantastic 847sqm block in prime Balgownie location
- Three dwellings on one title with separate entry points for privacy
- Potential rental return on all three dwellings of $85,000 (approx)
- Lock up garages, carport plus driveway parking for multiple vehicles
- Established gardens and low-maintenance landscaping
- Walking distance to Balgownie Village shops, cafés, school & transport
Listing description written by Alexander Duncan, The Agency Illawarra — reproduced as published, not verified by Districts.
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