Parramatta Park at a glance
3,882
People
$762,000
Median sale
$583/wk
Median rent
3.98%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
QLD › Parramatta Park › Balfe St
$585,000
Last sold
29 Sept 2023
3
Bedrooms
1
Bathrooms
1
Car spaces
415 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
$585,000
29 Sept 2023 · derived via latest_sale
Local land rate: recorded House sales in Parramatta Park (last 5 years) with land size have a median of $1,501/m² of land (n=48). Districts calculation from recorded sales — not a valuation.
Parramatta Park at a glance
3,882
People
$762,000
Median sale
$583/wk
Median rent
3.98%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Vs Parramatta Park
-23.2%
Median sale
Suburb $762,000
+1.20 pp
Gross yield
Suburb 3.98%
Suburb median $762,000 from 9 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.
For more information on this property, visit Queensland Globe.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
QLDPlanning 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 $583/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
Parramatta Park at a glance
3,882
People
$762,000
Median sale
$583/wk
Median rent
3.98%
Suburb gross yield
Median sale from 9 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Quaid Real EstateIncredible demand for this cute renovated queenslander saw multiple offers submitted and a final price tens of thousands over the listed price. If you're thinking of selling in Parramatta Park - think Quaid Real Estate.
Positioned in a quiet street of mostly character homes just a few blocks from the heart of the Cairns CBD, this 1940s Queenslander home has been lovingly updated and offers an attractive mix of traditional and modern.
High-set and offering post-card perfect street appeal, this home impresses from the first, walking past easy care gardens, through the gatehouse and through the door to the freshly painted interior. Here you'll appreciate those classic touches so sought after in this style of home - from the timber floorboards, to the t&g walls and ceiling, through to the beautifully maintained original casement windows.
The dining area is full of light, flowing through to the central lounge and the first 2 bedrooms, including the light and bright master. The third bedroom is positioned to the rear for extra privacy (or loud teenagers).
The kitchen has been fully renovated for a chic feel, with room to dine inside or take it out to the deck overlooking the gardens and plunge pool. The bathroom has seen a similar update, with large shower and a convenient separate toilet.
Downstairs is enclosed and high enough to move freely (though not quite legal height for living space), with room to park, set up a workshop or set up a games room etc. There is also a lockable storeroom for the odds and ends.
Outside, lush gardens give a lovely tropical feel, with walkways around the home. Adding to the ambience, a small in-ground pool is perfect for a relaxing dip of an evening or weekend (though probably not one to do laps in).
This is a fantastic opportunity for those seeking a charming home with the hard work already done - including a new roof and solar system in the current ownership.
Ready to move in, something this special won't last long - call Tom Quaid at Quaid Real Estate.
Listing description written by Thomas Quaid, Quaid Real Estate — reproduced as published, not verified by Districts.