Balnarring at a glance
2,309
People
$1,370,000
Median sale
$503/wk
Median rent
1.91%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
VIC › Balnarring › Pacific Dr
$842,000
Last sold
27 Apr 2018
5
Bedrooms
2
Bathrooms
2
Car spaces
871 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
$842,000
27 Apr 2018 · derived via latest_sale
Local land rate: recorded House sales in Balnarring (last 5 years) with land size have a median of $1,428/m² of land (n=62). Districts calculation from recorded sales — not a valuation.
Balnarring at a glance
2,309
People
$1,370,000
Median sale
$503/wk
Median rent
1.91%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Balnarring
-38.5%
Median sale
Suburb $1,370,000
+1.20 pp
Gross yield
Suburb 1.91%
Suburb median $1,370,000 from 13 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
VICPlanning 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.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $503/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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. 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
UnknownArea
Balnarring at a glance
2,309
People
$1,370,000
Median sale
$503/wk
Median rent
1.91%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts Coast & LifestyleSuperb 5 bedroom home on a sought after 871m2 block, in a great location, just a little walk to the Balnarring Village and local school, and a short drive to Balnarring Beach.
The property has been freshly painted and renovated with updated kitchen and new appliances, new floor coverings and polished floorboards.
This home lends itself to family living with multiple zones for entertaining, dining and study and also potential to further utilise and enhance the great floor plan.
Entrance into the hallway and lounge room which opens into a formal dining room.
This extends into a large family room with lovely polished floors, further enhanced with feature panelling to one wall and a Coonara wood heater for those cooler winter nights.
The fabulous galley style kitchen with stainless steel Range cooker and dishwasher has been updated with new benchtops and flows into the breakfast /informal dining and the family room.
There are two bedrooms and a bathroom in one wing and a further 3 good size bedrooms with polished floors, all with BIR sharing the main updated bathroom with bath and shower and separate toilet.
The good size laundry has a built in linen cupboard and space for washing machine and dryer.
This home has heaps of potential to further utilise the great floor plan and also has dual occupancy potential.
Externally there are lovely garden beds and lawn to the front of the property and the rear has ample space for veggie gardens, play areas and further shedding. The partial undercover decked further adds to the enjoyment of this lovely home.
Double garage and off street parking.
Listing description written by Jacqui Robinson, Harcourts Coast & Lifestyle — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
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.