Balhannah at a glance
1,815
People
$1,015,000
Median sale
$608/wk
Median rent
3.11%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
$403,000
Last sold
24 Nov 2017
2
Bedrooms
1
Bathrooms
4
Car spaces
1,072 m²
Land
73.29 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
$403,000
24 Nov 2017 · derived via latest_sale
Local land rate: recorded House sales in Balhannah (last 5 years) with land size have a median of $837/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
Balhannah at a glance
1,815
People
$1,015,000
Median sale
$608/wk
Median rent
3.11%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Vs Balhannah
-60.3%
Median sale
Suburb $1,015,000
+4.74 pp
Gross yield
Suburb 3.11%
Suburb median $1,015,000 from 7 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 $608/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
Balhannah at a glance
1,815
People
$1,015,000
Median sale
$608/wk
Median rent
3.11%
Suburb gross yield
Median sale from 7 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Adcock Real EstateDiscover the ticket to first-time buyer wishes or project builder dreams; buy the 1,072sqm (approx.) block, improve the home and relish a makeover windfall in a world where peace and quiet and rolling vineyards is the norm...
As far as garden groundwork it's as good as done, with a mammoth shed to keep the humble handyman home and happy - it will be smiles all round.
While high-octane little ones rough and tumble their way around established grounds (paved and protected for fun out back, and privately screened by shrubs to the front) you can ponder the interior's fashionable fate.
But there's no rush...... You'll find a two-bedroom (plus study) floorplan built on 1990's foundations gearing for a future as big as your best laid plans.
The floorplan starts with a living room host to that hills-staple combustion fireplace and flows into a family kitchen and meals area. Armed with hardy laminate timber floors it'll tame the traffic set to stampede in an out glass sliding doors to the all-weather entertaining area.
Follow the hallway to a suite of two bedrooms plus a study - the master offering built-in robes, bedroom two a ceiling fan, and an internet-ready third wired for business, study (or plans for baby) depending on your timeline.
Overall, it's a respectable back-to-basics feel boasting a fresh coat of paint (minus the wet areas) and new carpets, but when your picturesque kick-start begins in Balhannah...
Unless there's a dire need, stay close - feed off the leisurely hills lifestyle and that scenic drive home each day. Bookended by Woodside and Verdun, this country community offers every need and if not, there's always that famous Freeway you can trust for the prettiest, 30-minute commute to Adelaide.
Go with the flow, explore the possibilities and find your freedom - for the love of land size and your family beginning.
You'll love:
Land size: 1072sqm (approx.)
1990's brick veneer home
Freshly painted
New carpets
Extensive paved areas & established gardens
Undercover entertaining area
Valuable scope to further renovate & improve (STCC)
Ducted evaporative air conditioning
Rainwater tanks (not plumbed)
New electric hot water service
Veggie patch & chook shed
Double length carport paved to rear shed
2-bay shed, partially lined - perhaps a studio?
Adcock Real Estate - RLA66526
Andrew Adcock 0418 816 874
Nikki Seppelt 0437 658 067
Listing description written by Andrew Adcock, Adcock Real Estate — reproduced as published, not verified by Districts.