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WA › Heathridge › Balmain Way

38 Balmain Way, Heathridge WA 6027

House

3

Bedrooms

2

Bathrooms

1

Car spaces

762 m²

Land

110 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • CalculationLand 762 m² against a 110 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Heathridge (last 5 years) with land size: median $1,293/m² of land (n=81). 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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Heathridge (last 5 years) with land size have a median of $1,293/m² of land (n=81). Districts calculation from recorded sales — not a valuation.

Heathridge at a glance

7,794

People

$980,000

Median sale

$695/wk

Median rent

3.69%

Suburb gross yield

Median sale from 69 recorded sales (last 12 months) — a Districts calculation.

See the full Heathridge report →

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. Soldprice unknown5 May 2026
  2. Listedprice unknowncompleted16 Apr 2026
  3. Soldprice unknown19 Nov 2024
  4. Listedprice unknowncompleted11 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

WA

Why this lot, not just this suburb

Why could this property outperform?

WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 762 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.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $695/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. 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.

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. Net yield / holding costs are not estimated outside NSW without inventing land tax.

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

    WA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 762 m² — that is not official geometry.

  • Nearby development pipeline

    Unknown

    Nearby development applications are not loaded for this property.

  • 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

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Heathridge in one glance

Heathridge at a glance

7,794

People

$980,000

Median sale

$695/wk

Median rent

3.69%

Suburb gross yield

Median sale from 69 recorded sales (last 12 months) — a Districts calculation.

See the full Heathridge report →

Keep researching

  • Why Heathridge? Read the area thesis →
  • What else is on the market in Heathridge →
  • Other records on Balmain Way →

Listing material

Listed by First Western Realty Joondalup

UNDENIABLE LIFESTYLE APPEAL

Call Magda Grek to make sure you don't miss this fantastic opportunity.

The home captivates with its stylish, fully renovated look and undeniable lifestyle appeal. Ideally situated on a spacious 762 m² plot, this exceptional home offers a rare combination of space, modern comfort, and absolute move-in readiness, all in one of Heathridge's most convenient and family-friendly locations.

From the moment you enter, it's clear that no detail has been overlooked. Fresh paint, high-quality flooring, a stunning modern kitchen, a beautifully renovated bathroom, and a lounge area create a home that is both sophisticated and inviting. Multiple living areas provide flexibility for both families and those who enjoy entertaining, and outside, you'll discover your own private retreat, complete with a sparkling in-ground pool, spacious paved recreation areas, a spacious patio, and a lawn. Simply unpack, relax, and enjoy-everything has been taken care of for you.

Read the full description

Features:

- Spacious, formal front living room, creating a welcoming first impression, with a computer nook

- Stunning, brand-new kitchen with a new dining table, ample storage space, a fridge recess, a double sink, an electric oven, and high-quality new appliances, overlooking the backyard

- Sunken living room offering a separate yet integrated outdoor entertaining space

- Beautifully renovated bathroom with floor-to-ceiling tiling, a modern double sink, a bathtub, and a separate toilet

- Three spacious bedrooms, each with built-in wardrobes

- Fully renovated laundry/second bathroom with a washbasin and shower, and a convenient second toilet

- Private recreational garden with a large, paved terrace, garden shed, lawn, and a sparkling in-ground swimming pool

- Single garage with ample storage

- Parking space at the front for several cars or a caravan

- Electric security shutters at the front of the house

- Air conditioning reverse cycle in the living room

- Ceiling fan in every room

- Solar panels

Located in a desirable location within close proximity to numerous amenities. Imagine strolling to nearby shops, cafes, and schools, or relaxing strolls through the peaceful park just down the road. This excellent location puts convenience at your fingertips. Don't miss the opportunity to secure a property with enormous potential in the desirable Heathridge area.

Plot size: 762 m² (approx.)

Internal area: 121 m² (approx.)

Year of construction: 1984

To arrange a private viewing, contact Magda Grek on 0406647779

Details provided for this property is for information only and should not be taken as a representation in any respect on the part of the vendor or their agent. Prospective clients should make their own enquiries regarding the property or fixtures before entering into any Contract or Lease Agreement. All plans and measurements are approximate and not to scale.

Listing description written by Magda Grek, First Western Realty Joondalup — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • In-Ground Pool
  • Remote Garage
  • Shed
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.