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NSW › Ocean Shores › Balemo Dr

31 Balemo Dr, Ocean Shores NSW 2483

House

$969,500

Last sold

2 Dec 2024

3

Bedrooms

1

Bathrooms

1

Car spaces

939 m²

Land

116 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $969,500 (2 Dec 2024).(Recorded sale)
  • CalculationLand 939 m² against a 116 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Ocean Shores (last 5 years) with land size: median $1,463/m² of land (n=125). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$969,500

2 Dec 2024 · derived via latest_sale

Local land rate: recorded House sales in Ocean Shores (last 5 years) with land size have a median of $1,463/m² of land (n=125). Districts calculation from recorded sales — not a valuation.

Ocean Shores at a glance

6,093

People

$1,297,500

Median sale

$900/wk

Median rent

3.61%

Suburb gross yield

Median sale from 62 recorded sales (last 12 months) — a Districts calculation.

See the full Ocean Shores report →

Vs Ocean Shores

-25.3%

Median sale

Suburb $1,297,500

+1.22 pp

Gross yield

Suburb 3.61%

Suburb median $1,297,500 from 62 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$969,5002 Dec 2024
  2. Listedprice unknowncompleted5 Nov 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

NSW

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $900/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    NSW Valuer General land values are not loaded for this property yet.

  • Net yield / holding costs

    Unknown

    NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.

Area

Ocean Shores in one glance

Ocean Shores at a glance

6,093

People

$1,297,500

Median sale

$900/wk

Median rent

3.61%

Suburb gross yield

Median sale from 62 recorded sales (last 12 months) — a Districts calculation.

See the full Ocean Shores report →

Keep researching

  • Why Ocean Shores? Read the area thesis →
  • What else is on the market in Ocean Shores →
  • Other records on Balemo Dr →

Listing material

Listed by North Coast Lifestyle Properties

Perfect First Home or Investment

Set in leafy surrounds on the high side of Balemo Drive is this neat, lowset brick and tile home. With open plan living and dining spaces, functional kitchen and plenty of natural light, the home is ideally suited to first homeowners or investors. The 3 bedrooms all have built ins with the main also featuring an office nook and access to the 2 way bathroom.

The front porch provides the ideal spot to sit with your morning coffee taking in the sun and watching the world go by. The elevated allotment is flood free and also catches the cool ocean breezes. A paved area at the rear of the home overlooks established gardens and trees and boasts great potential for a pergola addition.

The block is sensational! At 939sqm and with expansive open space, there is plenty of room for a studio, granny flat or tiny home subject to council approval...huge opportunity here! Not only do you get a solid home, you also have the potential to value add to the property.

Read the full description

For further information or to arrange your inspection, contact Nathan Donnelly on 0421942630.

Listing description written by Nathan Donnelly, North Coast Lifestyle Properties — reproduced as published, not verified by Districts.

Property features

  • Balcony
  • Broadband
  • Built-in Robes
  • Fully Fenced
  • Secure Parking
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.