Balwyn North at a glance
22,653
People
$2,100,000
Median sale
$661/wk
Median rent
1.64%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
VIC › Balwyn North › Echo Ave
$3,375,000
Last sold
31 Aug 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
753 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
$3,375,000
31 Aug 2024 · derived via latest_sale
Local land rate: recorded House sales in Balwyn North (last 5 years) with land size have a median of $3,159/m² of land (n=12). Districts calculation from recorded sales — not a valuation.
Balwyn North at a glance
22,653
People
$2,100,000
Median sale
$661/wk
Median rent
1.64%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Vs Balwyn North
+60.7%
Median sale
Suburb $2,100,000
-0.62 pp
Gross yield
Suburb 1.64%
Suburb median $2,100,000 from 5 recorded sales (last 24 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 $661/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
Balwyn North at a glance
22,653
People
$2,100,000
Median sale
$661/wk
Median rent
1.64%
Suburb gross yield
Median sale from 5 recorded sales (last 24 months) — a Districts calculation.
Listing material
Listed by HEAVYSIDEWatch the auction live here: https://heavyside.co/live-auction/
THE PROPERTY
Rising to a new level of sophistication, this stylishly renovated four-bedroom plus study home offers a lifestyle dream for discerning families. Resting on a generous 753 sqm approx. landscaped block in the prized Balwyn High zone, the home is impressive from the outset, with three separate living areas spread across the ground floor, including an elegant fireside formal lounge and tranquil sitting room.
Centrally positioned, the huge open plan living and dining zone flaunts tall ceilings, skylights, gas-log fireplace and a wall of bifold doors opening up to the stunning alfresco deck and resort-style saltwater pool, a haven for entertainment and relaxation. Connoisseur's will relish the deluxe kitchen complete with marble countertops, butler's pantry and a suite of premium appliances, while a home office, laundry and guest powder room offer further space and convenience downstairs.
Plush accommodation abounds on the first floor, with the lavish main bedroom boasting walk-in robe with bespoke cabinetry, and double vanity ensuite with rainhead shower and herringbone feature tiling, while three additional bedrooms include built-in robes and share the family bathroom. Rounding out the long list of enticing inclusions, American oak timber flooring, ducted heating and refrigerated cooling, motorised blinds and double garage.
THE FEATURES
• Stylishly renovated four-bedroom, two-bathroom family home
• Guest powder room
• Features three luxe living spaces on the ground floor
• Huge open plan living zone with high ceilings & skylights
• Deluxe kitchen flaunts marble countertops & premium appliances
• Plush main bedroom with walk-in robe & elegant dual vanity ensuite
• Three further bedrooms include BIRs and share the family bathroom
• Stunning alfresco deck overlooking resort-style saltwater pool
• Double garage with ample additional off-street parking
• Ducted heating, refrigerated cooling & split systems
THE LOCATION
Enjoying a dream location in the sought-after Balwyn High school zone, just steps from the Koonung Creek Reserve and walking trail, close to shops, cafés, golf courses and parkland. Walking distance to buses, trams and local schools including Boroondara Park Primary and Balwyn High, plus easy access to the Eastern Freeway.
THE TERMS: 90|120
Listing description written by Tim Heavyside, HEAVYSIDE — 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.