Greenmount at a glance
2,859
People
$875,000
Median sale
$609/wk
Median rent
3.62%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
WA › Greenmount › Balmain Rd
$685,000
Last sold
5 Mar 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
880 m²
Land
148 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
$685,000
5 Mar 2024 · derived via latest_sale
Local land rate: recorded House sales in Greenmount (last 5 years) with land size have a median of $560/m² of land (n=102). Districts calculation from recorded sales — not a valuation.
Greenmount at a glance
2,859
People
$875,000
Median sale
$609/wk
Median rent
3.62%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Vs Greenmount
-21.7%
Median sale
Suburb $875,000
+1.00 pp
Gross yield
Suburb 3.62%
Suburb median $875,000 from 28 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
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 880 m² — that is not official geometry. 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 for this property.
Rental
No advertised rent is recorded. Suburb median rent $609/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 for this property. 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
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 880 m² — that is not official geometry.
Nearby development pipeline
Area
Greenmount at a glance
2,859
People
$875,000
Median sale
$609/wk
Median rent
3.62%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Earnshaws Real EstateIf you've been dreaming of an easy-breezy lifestyle in a charming spot on the Hill, you're probably looking for something where everyone in the family can claim their own space. Where all the big jobs are already done. A home bursting with features but not so high maintenance you're going to have to plan a commitment ceremony with the weekend gardening. Oh, and a pool would be a bonus. Well, don't we have the house for you! Located smack-bang next to a sprawling public park, this freshly painted, four bedroom home offers an abundance of space, comfort, and all the mod cons.
Inside, you'll be greeted by a warm wave of bright lightness and cosiness. Gleaming white walls and brand-new carpets in the bedrooms mean your style foundations are taken care of in these welcoming spaces. Gather in the spacious lounge for Friday night movie sessions or let the conversation flow and solve the problems of the world in the open-plan kitchen, dining, and family area. Need a dedicated homework corner? The versatile study provides a fantastic solution, or you could easily turn this space into one amazing Butler's pantry or white goods storage room if that's your jam.
Features Include:
• Family home with room for everyone
• Freshly painted white throughout with new carpets in all the bedrooms
• Roller shutters on most windows
• New LED lights in family area, bathroom vanity in family bathroom, bathroom mirror & exhaust fans in both bathrooms plus ceiling fans in bedrooms
• Good size front lounge room
• Kitchen with breakfast bar & walk in pantry, open-plan to dining & family area
• Sliding doors from family area to patio & pool
• Study is off the kitchen but could also be an awesome Butler's pantry or white goods storage
• Main bedroom has a walk-in robe, ensuite with shower, vanity & WC & new ceiling fan
• 3 further double bedrooms with wardrobe alcoves & new ceiling fans
• Family bathroom has a new vanity, floor-to-ceiling tiles, bath & separate shower
• Evaporative air-conditioning
• 2 gas points
• 5KW solar panels
• Double garage with remote door
• Public open space/park next door
• Side access
• Rear lawn & large garden bed (either easy-care as is or a blank canvas for a green thumb)
• Garden shed
• 880sqm block
Outside, you have options: cool off in the shimmering pool on scorching summer days and invite your favourites over for drinks and a collective unwind on the patio. But that's just the start because the expansive block provides other possibilities besides the lawn, large garden bed, and storage shed. There's scope here to turn the outside living spaces into pretty much anything you can envision. With 5KW solar panels powering your home and evaporative air-conditioning keeping you cool, this home prioritises both sustainability and comfort. Midland is only minutes away in the car where you can access the cafe strip, cinema, endless shopping, and public transport to get you straight into the CBD or beyond.
Breathe out, spread out, bliss out.
For more information on 34 Balmain Road Greenmount or for friendly advice on any of your real estate needs please call Randi Macpherson on 0408 559 247 or Jo John on 0401 583 757.
Listing description written by Randi Macpherson, Earnshaws Real Estate — reproduced as published, not verified by Districts.
Nearby development applications are not loaded for this property.
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.