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VIC › Balnarring › Coolart Rd

47 Coolart Rd, Balnarring VIC 3926

Rural Property

4

Bedrooms

2

Bathrooms

6

Car spaces

6,474.97 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 6,475 m²; no building size recorded.(Property record)
  • CalculationRecorded Rural Property sales in Balnarring (last 5 years) with land size: median $60/m² of land (n=9). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

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 Rural Property sales in Balnarring (last 5 years) with land size have a median of $60/m² of land (n=9). 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.

See the full Balnarring 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 unknown2 July 2022
  2. Listedprice unknowncompleted11 May 2022

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

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

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • 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

Balnarring in one glance

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.

See the full Balnarring report →

Keep researching

  • Why Balnarring? Read the area thesis →
  • What else is on the market in Balnarring →
  • Other records on Coolart Rd →

Listing material

Listed by Homes & Acreage

Luxe Bushland Hideaway With 2 Lucrative Guesthouses

A masterful fusion of generous spaces, premium finishes and inviting entertaining zones defines this exquisitely appointed four-bedroom home set on 1.6 acres (approx) of native gardens. The property includes two privately located self-contained guesthouses that are currently generating $100,000 per annum that would also suit in-laws, adult children or even a ‘work at home’ business.

The artist’s-own residence has been spectacularly renovated and expanded to deliver five living and dining zones adorned with quality engineered-timber flooring, sheer linen curtains, ambient gas and wood fireplaces and tall picture windows framing the secluded gardens from every room.

As though lifted from the pages of a magazine, the connoisseur’s kitchen wows with a colossal natural-stone island bench, suite of Miele appliances, integrated Husky wine fridge and a butler’s pantry with second oven.

Read the full description

An array of bifold and sliding glass doors unite indoors and out opening to a choice of alfresco zones, while the primary outdoor entertaining area boasts a soaring pergola with clerestory windows beside the firepit and Tuscan-inspired alfresco dining terrace beneath festoon lights to host friends before sinking into the spa for a moonlight soak.

The self-contained contemporary cottages are superbly set up to accommodate two to four guests and are cradled within a bushland setting. Each features a living area, kitchen, bedroom, bathroom with soaker tub, laundry and private alfresco deck and comes with all furnishings, including a king bed (plus a queen in one unit), fold-out sofa bed, kitchenware, TVs and more (original artworks negotiable).

An artist’s studio, prolific vegetable garden, chook run, double garage, carport/workshop, a variety of sheds, a cubby house and pizza oven are among a long list of inclusions in this dream home, which is just a two minute drive to Balnarring village and the primary school, four minutes to the beach and surrounded by all the spoils of the Mornington Peninsula.

Homes and Acreage is proud to be offering this property for sale – To arrange an inspection or for further information, please contact the office on 1300 077 557 or office@homesacreage.com.au

Features:

• Superbly family residence

• Generous living & alfresco areas

• Large formal & informal dining room

• Brand-new kitchen

• Vast stone island with wine fridge

• Miele appliances

• Butler’s pantry with 2nd oven

• Zoned master suite with dressing room

• Ensuite with porcelain sheet tiling

• New family bathroom with soaker tub

• Gas fireplace & Morsø Italian wood fire

• Detached artist’s studio / gym / writer’s retreat

• Alfresco pizza oven, dining terrace & firepit zone

• Cubby house

• Spa behind glass fencing

• Exquisite native gardens with meandering trails

• Veggie garden & chook run

• Fruit trees including apple, nectarine, almonds & fig

• Oversized double garage

• Carport / workshop & parking bay

• Electronic gated entry

• 2 lucrative holiday rental guesthouses including furnishings

Listing description written by Grant Perry, Homes & Acreage — reproduced as published, not verified by Districts.

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.