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NSW › Balgowlah Heights › Ernest St

32 Ernest St, Balgowlah Heights NSW 2093

House

$3,430,000

Last sold

18 Nov 2023

3

Bedrooms

1

Bathrooms

2

Car spaces

641.7 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $3,430,000 (18 Nov 2023).(Recorded sale)
  • FactLand 642 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Balgowlah Heights (last 5 years) with land size: median $6,851/m² of land (n=30). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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

$3,430,000

18 Nov 2023 · derived via latest_sale

Local land rate: recorded House sales in Balgowlah Heights (last 5 years) with land size have a median of $6,851/m² of land (n=30). Districts calculation from recorded sales — not a valuation.

Balgowlah Heights at a glance

3,464

People

$5,050,000

Median sale

$2,013/wk

Median rent

2.07%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Balgowlah Heights report →

Vs Balgowlah Heights

-32.1%

Median sale

Suburb $5,050,000

+0.98 pp

Gross yield

Suburb 2.07%

Suburb median $5,050,000 from 5 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$3,430,00018 Nov 2023
  2. Sold$3,430,00018 Nov 2023
  3. Listedprice unknowncompleted26 Oct 2023
  4. Listedprice unknowncompleted26 Oct 2023

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 $2,013/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

Balgowlah Heights in one glance

Balgowlah Heights at a glance

3,464

People

$5,050,000

Median sale

$2,013/wk

Median rent

2.07%

Suburb gross yield

Median sale from 5 recorded sales (last 12 months) — a Districts calculation.

See the full Balgowlah Heights report →

Keep researching

  • Why Balgowlah Heights? Read the area thesis →
  • What else is on the market in Balgowlah Heights →
  • Other records on Ernest St →

Listing material

Listed by Cunninghams

Rare opportunity in exclusive harbourside enclave

FIND. Enjoying the serenity of its beautiful leafy surrounds, this solid double-brick cottage has been held in the same family since it was built in the 1950s. Presented in near-original condition, it offers a myriad of opportunities, which include renovating and re-imagining the current layout, or knocking down and building again, inspired with your own creative vision (STCA).

LOVE. The house sits on a generous 638 sqm block of land that faces north and nestled in this exclusive harbourside suburb that is surrounded by stunning harbour reserves and beaches. The house currently offers two bedrooms, a number of living spaces, plus a beautiful backyard that has been landscaped to perfection to create a lush space for the whole family to enjoy.

- 1950s single-level brick cottage in near-original condition, resting on a generous 638 qm block with a perfect northerly aspect to the rear.

Read the full description

- The house features high ceilings, decorative cornicing and has a solid double-brick construction.

- Separate lounge and dining spaces are spacious and light, and a rear-set sunroom drinks in the northerly sun.

- The big backyard is thriving with an incredible Date Palm tree and tropical-inspired plantings, a great play space for the kids.

- There are two bedrooms, one of which has built-in storage, with the flexibility of using the dining area as a flexible third bedroom.

- The neat and tidy bathroom features a bathtub and separate shower.

- A single lock-up garage plus extensive driveway space offers plenty of space for storage as well as parking.

LIVE. This exclusive northern beaches enclave is surrounded by stunning harbour reserves and beaches, including Forty Baskets, North Harbour Reserve, Dobroyd Head and Clontarf Beach. National Park walking trails are in the local area, including the iconic Manly to Spit walk, whilst local shops and outstanding schools are also within walking distance. Despite its very private, tranquil and protected setting, this idyllic location is close to shopping centres in Balgowlah village, surf beaches and city transport, and is just a short drive into Manly.

RATES/SIZE:

Water rates: Approx $156 pq

Council rates: Approx $776 pq

Size: Approx 638 sqm

ABOUT THE AREA

Local Transport:

- Buses to City CBD

- Warringah Mall and Manly

- Hop Skip Jump bus to Stockland Balgowlah Shopping Centre

Shopping & Dining:

- Balgowlah Heights Village shops, cafes and restaurants

- Stockland Balgowlah shopping centre

- Westfield Warringah Mall

Schools:

- Balgowlah Heights Primary School

- St Cecilia's Catholic Primary School

- Balgowlah Boys High School

- Mackellar Girls High School

WHAT THE OWNER LOVES:

- This area is filled with families and has a really lovely community feel about it.

- We love walking down to Forty Baskets for a swim, or going for walks in the National Park trails around Dobroyd Head.

- We love the size and aspect of the backyard.

Disclaimer: Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our Vendors, and as such, Cunninghams makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing.

Please be advised that the photographs, maps, images, or virtual styling representations included in this real estate listing are intended for illustrative purposes only and may not accurately depict the current condition or appearance of the property.

Listing description written by Rob Matheson, Cunninghams — reproduced as published, not verified by Districts.

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

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