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ACT › Wanniassa › Balfour Cres

50 Balfour Cres, Wanniassa ACT 2903

House

$880,000

Last sold

18 Feb 2023

4

Bedrooms

2

Bathrooms

2

Car spaces

686 m²

Land

166 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLast recorded sale $880,000 (18 Feb 2023).(Recorded sale)
  • CalculationLand 686 m² against a 166 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Wanniassa (last 5 years) with land size: median $1,105/m² of land (n=106). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$880,000

18 Feb 2023 · derived via latest_sale

Local land rate: recorded House sales in Wanniassa (last 5 years) with land size have a median of $1,105/m² of land (n=106). Districts calculation from recorded sales — not a valuation.

Wanniassa at a glance

7,741

People

$945,000

Median sale

$400/wk

Median rent

2.20%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Wanniassa report →

Vs Wanniassa

-6.9%

Median sale

Suburb $945,000

+0.16 pp

Gross yield

Suburb 2.20%

Suburb median $945,000 from 34 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

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. Sold$880,00018 Feb 2023
  2. Listedprice unknowncompleted24 Jan 2023

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

Capital growth

ACT

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.” Nearby development applications are not loaded for this property.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $400/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. Nearby development applications are not loaded for this property. 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

    Nearby development applications are not loaded for this property.

  • 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. This jurisdiction has no comparable official bond series in the free set.

  • 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

Wanniassa in one glance

Wanniassa at a glance

7,741

People

$945,000

Median sale

$400/wk

Median rent

2.20%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Wanniassa report →

Keep researching

  • Why Wanniassa? Read the area thesis →
  • What else is on the market in Wanniassa →
  • Other records on Balfour Cres →

Listing material

Listed by McCann Properties

Quiet, convenient family home

Located on the high side of the street, in a quiet, leafy neighbourhood, this quality family home is available now. Ideal for all families, both growing and downsizing, the home offers four bedrooms, two bathrooms, a variety of light filled living spaces and generous, low-maintenance outdoor areas. The highly sought-after location provides exceptional convenience, close to schools, transport links and a selection of major shopping centres.

Inside, the home offers a variety of spacious living areas including a large formal lounge, dining room, kitchen with attached meals area and a tiled family room, ideal for use as a kids play space, hobby or craft area. The central kitchen provides ample storage, electric cooking, a dishwasher and timeless colour palette with modern, floating flooring.

Four good sized bedrooms are included, three of which provide built in robes. The master is spacious, with a private ensuite and the fourth bedroom is located separately from the remaining bedrooms, making it ideal as a home office or guest space if preferred. The bedrooms each provide electric wall heaters to keep you warm throughout the cooler months and there is a reverse-cycle unit located in the dining room for year-round comfort.

Read the full description

Outside, the home makes the most of the spacious 686sqm block with low maintenance gardens, plenty of established shade trees and extensive paved areas ideal for kids to play and ride their bikes while you entertain loved ones or enjoy a barbeque. The yard is fully enclosed with Colorbond fencing and enjoys the privacy and security of gated access including a converted garage behind fence-line.

There are lovely mountain views from both the front and rear of the home, and the quiet street is very friendly, surrounded by other quality homes. You are within close proximity to schools and Erindale Shopping Centre where you will find everything you need from groceries, medical services to a variety of cafes and restaurants.

• Convenient family home in popular Wanniassa

• Large lounge, dining, meals area and family room

• Central kitchen with electric cooking, dishwasher

• Four bedrooms, three include built in robes

• Electric wall heaters, R/C unit in dining

• Low maintenance gardens with no mowing!

• Paved areas, water tank, Colorbond fencing

• Private street appeal, converted garage, carport

The information contained above is believed to be correct at time of advertising however, we take no responsibility for the accuracy of this information and prospective purchasers are advised to rely on their own research.

Listing description written by Mark McCann, McCann Properties — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
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.