Balga at a glance
15,291
People
$800,000
Median sale
$651/wk
Median rent
4.23%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
WA › Balga › Mercer Way
$285,000
Last sold
14 July 2021
3
Bedrooms
2
Bathrooms
1
Car spaces
212 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
$285,000
14 July 2021 · derived via latest_sale
Local land rate: recorded House sales in Balga (last 5 years) with land size have a median of $1,133/m² of land (n=77). Districts calculation from recorded sales — not a valuation.
Balga at a glance
15,291
People
$800,000
Median sale
$651/wk
Median rent
4.23%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Vs Balga
-64.4%
Median sale
Suburb $800,000
+7.65 pp
Gross yield
Suburb 4.23%
Suburb median $800,000 from 61 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
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 212 m² — that is not official geometry. 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 for this property.
Rental
No advertised rent is recorded. Suburb median rent $651/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 for this property. 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
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 212 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
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
Balga at a glance
15,291
People
$800,000
Median sale
$651/wk
Median rent
4.23%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals TWT Realty26C Mercer Way presents an exciting opportunity for home owners and investors to take their first step into home ownership. Nestled on a lovely street this rear villa of 3 in a rare gated complex appeals to those wanting a low maintenance lock up and leave it lifestyle. This 2010 built villa has recently been painted amongst other recent refreshes, it's easy to see how much care has been taken throughout the years as the property presents better than some much newer units. Whether its the outdoor hut perfect for entertaining or the open plan living elements throughout, it is hard to argue against the value proposition on offer. Get in quick before you miss out.
Property Features
• 3 Generously sized bedrooms
• Recently painted and in fantastic condition
• Modern finished bathrooms
• Modern finished kitchen with stainless steel appliances
• Open Plan living feel throughout the Kitchen - Dining - Living Area
• REVERSE CYCLE Air-conditioning to keep you cool through the summer
• Tiled feature wall in master bedroom
• Outdoor Hut perfect for meals and light entertaining
• 1 Car secured garage with room for another outside whilst still being out of street view
• Built- In- Wardrobes
• Alarm System
• Dishwasher
Location Features
• Walking distance to bus stops
• in catchment to a range of local primary schools, highschools and Tafe
• Short distance to the local Balga Plaza consisting of Doctors, Dentists, IGA and more.
To discuss rental return or any other enquires please call Ronnie on 0481 962 880
Listing description written by Ronnie Abboud, Professionals TWT Realty — reproduced as published, not verified by Districts.