Balwyn at a glance
14,251
People
No data
Median sale
$615/wk
Median rent
No data
Suburb gross yield
2
Bedrooms
1
Bathrooms
1
Car spaces
643 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
No recorded sale price for this property yet.
Local land rate: recorded House sales in Balwyn (last 5 years) with land size have a median of $4,384/m² of land (n=7). Districts calculation from recorded sales — not a valuation.
Balwyn at a glance
14,251
People
No data
Median sale
$615/wk
Median rent
No data
Suburb gross yield
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
VICPlanning 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.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $615/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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. 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
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
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
Balwyn at a glance
14,251
People
No data
Median sale
$615/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Ray White BalwynBalwyn High with Sensational Potential
This mid century marvel has huge potential and is set for a new life. Set in the Balwyn High School zone and on 643sqm (approx.) you are spoilt for choice which direction you take with this magnificently located property.
Surrounded by luxury mansions, the obvious choice for a brand new, huge family home is an easy answer. Highest and best use for investors and developers may be well be a high end, modern or French Provincial, multiple bedroom family home (stca). With existing precedent in the street, there will be a lot of opportunity to come forward on the block, so you can maximise the land size and leaving plenty of space in the rear yard.
Located wonderfully, 27 Narrak Road is literally just meters to the Whitehorse Rd tram #109 and a couple of stops to all the shops, cafes, restaurants, supermarkets, banks, chemists and speciality outlets that make up Balwyn Village. Alternately, jump on the tram for shopping or dinner to Box Hill Central. A short walk to Maranoa Gardens and Beckett Park, some of the very best playgrounds and serene gardens in metro Melbourne. A 3 minute drive to the north and you are on the Eastern Freeway and into the city in 8 minutes.
Filled with 50's touches throughout, the existing home will renovate and extend a treat, you will easily rent it out while you are waiting for plans and permits to be approved. The open plan living and dining room abuts the original kitchen with its 900mm freestanding gas cooktop and oven. The two large bedrooms come with built in robes. The single car garage could become a third bedroom with the feature that was well ahead of its time - internal access. The sunroom/home office has lovely views over the greenery of the back yard. Gas ducted heating, open fire place and aircon on the wall completes the picture.
Listing description written by Bronwyn Lucas, Ray White Balwyn — reproduced as published, not verified by Districts.