Balaklava at a glance
2,130
People
$400,000
Median sale
$402/wk
Median rent
5.23%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
SA › Balaklava › Francis St
$250,000
Last sold
1 Sept 2022
3
Bedrooms
1
Bathrooms
1
Car spaces
1,400 m²
Land
132 m²
Building
Districts View
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
$250,000
1 Sept 2022 · derived via latest_sale
Local land rate: recorded House sales in Balaklava (last 5 years) with land size have a median of $313/m² of land (n=37). Districts calculation from recorded sales — not a valuation.
Balaklava at a glance
2,130
People
$400,000
Median sale
$402/wk
Median rent
5.23%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Vs Balaklava
-37.5%
Median sale
Suburb $400,000
+3.13 pp
Gross yield
Suburb 5.23%
Suburb median $400,000 from 6 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 $402/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
Balaklava at a glance
2,130
People
$400,000
Median sale
$402/wk
Median rent
5.23%
Suburb gross yield
Median sale from 6 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by REAL Agents & AuctioneersNot politically correct but perfectly practical this post war beauty is ready for a facelift and is ready for the new owner to lavish love and attention upon it.
Have you been fantasising about escaping the suburbs? Perhaps you are downsizing of acreage and could never imagine going to too small of an allotment?
Well located a lazy stroll from the centre of Balaklava is this generous town block of 1658m2 boasting this 1950's built solid brick residence in very original condition and order.
With very little by way of major improvements over the years, this home has been well maintained retaining many of the original features.
The kitchen is so old that it's back in fashion again with a lovely patina the laminex benchtops have been dutifully preserved by successive occupants.
Originally 2 bedrooms a third was built on the back so creating an additional room that would suit a multitude of purposes.
Storage is assured thanks to the extensive garaging and undercover area with high clearance making this a perfectly practical improvement that will be of great value for many years to come.
Some fresh paint here and some new flooring there would transform this home. With an update in the bathroom and improvements to the amenities, you would have a home that will serve you well whether you a seeking to live in or rent out.
Demand for rental properties in the area is at a historical high thanks to an abundance of local work opportunities and a lack of local home building over recent years.
Still under an hour from the city, this location is proving popular with owner occupiers and investors alike thanks to it strategically straddling the Clare Valley and Yorke Peninsulas spheres of activity.
A chance to perhaps fix up and profit or move in and make a home of your own, this property offers options aplenty on a large allotment with plenty of potential.
CT: 5616/731
Land Size: 1,658m² (approx.)
House Size: 132m²
Year Built: 1958
Zone: Neighbourhood
Council: Wakefield
RLA 232366
Listing description written by Dave Stockbridge, REAL Agents & Auctioneers — reproduced as published, not verified by Districts.