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.
$552,000
Last sold
14 Aug 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
553 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
$552,000
14 Aug 2023 · derived via latest_sale
Local land rate: recorded House sales in Balhannah (last 5 years) with land size have a median of $832/m² of land (n=41). 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
-45.6%
Median sale
Suburb $1,015,000
+2.62 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 Adcock Real EstateWhat's better than a cottage style abode that brings acres of serene play space virtually to your back door? Instant rental returns from your nature-bound Balhannah investment.
And nestled on a leafy 553sqm allotment, this 1980s 3-bedder's backyard blends into the beauty beyond, adding a north-facing verandah for box seat views and gated access to the park; wellbeing guaranteed.
As for the home, see out the fixed term tenancy (expiring in February 2024) and let loose with a sweep of value-adding upgrades to fully maximise its potential – for the debut buyer, empty nester or investor, a simple spruce will reveal all.
A revelation of open plan living upon entry, bountiful sunlight, an all-electric kitchen with an interconnecting servery, and sliding glass doors making a pivotal beeline for the big-ticket council reserve you overlook – the park that feels like yours.
All 3 carpeted bedrooms offer built-in robes, the master making the most of its backdrop, while the family bathroom – already remodelled – creates a neutral base for the cosmetic tweaks you can apply elsewhere, post tenancy.
B is for so much more than Balhannah – it's for breathing space, bike rides, and boutique wineries from a close-to-town breakaway that makes a brilliant blank canvas investment…
Bring it on!
North-facing rear aspect with blissful park views
Nature-bound 553sqm* allotment
Single carport & ample off-street parking
Gas space heater |ducted evaporative cooling | ceiling fans
Upgraded family bathroom.
Wool/synthetic roof insulation
Twin adjoining sheds (totalling 6m x 3m) each with concrete floors
Fixed term tenancy in place until 8.2.2024 @ $360pw.
Close to town amenities
*Measurements approx.
Property Information:
Title Reference: 5406/741
Zoning: Township
Year Built: 1985
Council Rates: $1,872.95 per annum
Water Rates: $192.78 per quarter
Current rental assessment: $420 - $440 per week with a fresh coat of paint and new carpets.
Tenancy Details: Fixed term until 8.2.2024
Adcock Real Estate - RLA66526
Andrew Adcock 0418 816 874
Nikki Seppelt 0437 658 067
Jake Adcock 0432 988 464
*Please note: some images have been virtually staged to better showcase the true potential of rooms/space and to respect occupiers' privacy.
*Whilst every endeavour has been made to verify the correct details in this marketing neither the agent, vendor or contracted illustrator take any responsibility for any omission, wrongful inclusion, misdescription or typographical error in this marketing material. Accordingly, all interested parties should make their own enquiries to verify the information provided.
The floor plan included in this marketing material is for illustration purposes only, all measurement are approximate and is intended as an artistic impression only. Any fixtures shown may not necessarily be included in the sale contract and it is essential that any queries are directed to the agent. Any information that is intended to be relied upon should be independently verified.
Property Managers have provided a written rental assessment based on images, floor plan and information provided by the Agent/Vendor – an accurate rental appraisal figure will require a property viewing.
Listing description written by Andrew Adcock, Adcock Real Estate — reproduced as published, not verified by Districts.