Balgownie at a glance
5,889
People
$1,603,500
Median sale
$810/wk
Median rent
2.63%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
NSW › Balgownie › Maroota Ave
$960,000
Last sold
6 Feb 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
569 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$960,000
6 Feb 2024 · derived via latest_sale
Local land rate: recorded House sales in Balgownie (last 5 years) with land size have a median of $2,169/m² of land (n=69). Districts calculation from recorded sales — not a valuation.
Balgownie at a glance
5,889
People
$1,603,500
Median sale
$810/wk
Median rent
2.63%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Balgownie
-40.1%
Median sale
Suburb $1,603,500
+1.76 pp
Gross yield
Suburb 2.63%
Suburb median $1,603,500 from 25 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $810/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. 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.
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
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Balgownie at a glance
5,889
People
$1,603,500
Median sale
$810/wk
Median rent
2.63%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Innovate Property GroupAttention renovators, developers and creative visionaries, we've found your next project! Tucked away in a fantastic neighbourhood on a 569m2 block, this 1960s treasure offers enticing potential. Boasting a north-facing aspect and escarpment views, you're spoilt for choice with options that will capitalise on this prime location.
Renovators, roll up your sleeves and breathe new life into this low-set cottage, with solid hardwood floors just waiting to be unveiled beneath the carpet. Update the retro kitchen and bathroom, freshen the interiors with new paint and window dressings and it will feel as good as new! Alternatively, knock down the existing dwelling to make way for a brand new home that maximises its escarpment outlook or expand the potential financial gain on offer, developing the site with a modern duplex (STCA). You're only limited by your budget and imagination!
Situated approx. 6.5km from the Wollongong CBD, this location offers an idyllic blend of city convenience and suburban tranquillity. Positioned within walking distance of Balgownie Public School, it's also just around the corner from Balgownie Village Centre. Meet friends for a casual coffee, delicious dinner or drinks, stock up on essential groceries, or take advantage of the health and well-being amenities, all within approx. 900m from home. Nature lovers are well catered for too – spoiling you for choice with bushwalks and golden beaches nearby.
Don't miss your chance to leverage this outstanding location and unleash the enticing possibilities on offer. Arrange an inspection today!
Property Specifications:
- Original 1960s treasure in a prime location, rich with enticing potential
- 569m2 corner block, with an enviable north-facing aspect and escarpment views
- Explore your options to renovate the original home, knock-down and rebuild a new home or duplex (STCA)
- Existing 3 bed, 1 bath home with combined kitchen and dining, living room, front and rear patios plus a double carport
- Solid timber floors waiting to be unveiled beneath the carpets
- Mostly level block, ready to be enhanced with landscaping
- Fantastic neighbourhood, approx. 6.5km from the Wollongong CBD
- 650m walk to Balgownie Public School
- 900m walk to Balgownie Village Centre with cafes, shops and services
- Under 3km to Illawarra Escarpment State Conservation Area
- 4km to Towradgi Beach, 6km to North Wollongong Beach
Listing description written by Mark Spinelli, Innovate Property Group — reproduced as published, not verified by Districts.
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