Balga at a glance
15,291
People
$800,000
Median sale
$651/wk
Median rent
4.23%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
WA › Balga › Markham Way
$430,000
Last sold
20 May 2022
3
Bedrooms
2
Bathrooms
2
Car spaces
274 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
$430,000
20 May 2022 · derived via latest_sale
Local land rate: recorded House sales in Balga (last 5 years) with land size have a median of $1,132/m² of land (n=76). Districts calculation from recorded sales — not a valuation.
Balga at a glance
15,291
People
$800,000
Median sale
$651/wk
Median rent
4.23%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Vs Balga
-46.2%
Median sale
Suburb $800,000
+3.64 pp
Gross yield
Suburb 4.23%
Suburb median $800,000 from 61 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
WAWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 274 m² — that is not official geometry. 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 for this property.
Rental
No advertised rent is recorded. Suburb median rent $651/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 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.
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
UnknownWA full cadastre is not free for commercial use. Lot optionality cannot be computed from official geometry. Listed land size is 274 m² — that is not official geometry.
Nearby development pipeline
UnknownNearby development applications are not loaded for this property.
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
Balga at a glance
15,291
People
$800,000
Median sale
$651/wk
Median rent
4.23%
Suburb gross yield
Median sale from 61 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Professionals TWT RealtyPrice Guide - Low 400's
Wow!
Set on a much bigger than usual 274m2 block this immaculately finished street front home is ready for a new owner. Built by the award winning Ultimo Constructions in 2017 you will be greeted with a well thought-out and functional floor plan which allows for plenty of natural light and comfort. Situated in a peaceful and well presented pocket of Balga you are walking distance to public transport, reserves and schools and only a short drive to shopping centers and other amenities. This villa was not built as a quick turn around development, but with high quality and longevity in mind and that is easy to see as soon as you enter! With 3 spacious bedrooms, open plan living, full refrigerated ducted A/C with zone controls and a quality kitchen this is the perfect buy for a first home owner wanting to stand out from the crowd.
Property Features
- 3 Bedrooms - All with built-in robes
- 2 Bathrooms - Full sized bath in family bathroom
- 2 Car secure garage
- Freshly painted
- High ceilings
- Full ducted refrigerated A/C system with zoning!!
- Open plan Kitchen/Dining/Living
- High spec kitchen finished with quality stainless steel appliances and plenty of storage
- 500mm x 500mm tiling throughout living areas with carpeted bedrooms
- Clever and functional floor plan with heaps of natural light
- Well presented rendered exterior
- LED downlights throughout
- Double linen cupboard
- Floor and ceiling skirting throughout
- Security alarm system
- Gated front courtyard
- Spacious low maintenance alfresco area
- Retic to front courtyard
Location
- 90M to the nearest bus stop-
- 220M to Finchley Markham Reserve
- 450M to Balga Senior High School
- 550M to Linthorne Reserve
- 1.2KM to Mercy College
- 1.6KM to John Septimius Roe Community College
This will not last long, call Ronnie on 0481 962 880
Listing description written by Ronnie Abboud, Professionals TWT Realty — reproduced as published, not verified by Districts.