Inala at a glance
16,435
People
$907,000
Median sale
$606/wk
Median rent
3.47%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
$740,000
Last sold
24 July 2024
3
Bedrooms
1
Bathrooms
4
Car spaces
698 m²
Land
101 m²
Building
Districts View
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
$740,000
24 July 2024 · derived via latest_sale
Local land rate: recorded House sales in Inala (last 5 years) with land size have a median of $1,193/m² of land (n=135). Districts calculation from recorded sales — not a valuation.
Inala at a glance
16,435
People
$907,000
Median sale
$606/wk
Median rent
3.47%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Vs Inala
-18.4%
Median sale
Suburb $907,000
+0.79 pp
Gross yield
Suburb 3.47%
Suburb median $907,000 from 49 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 $606/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
UnknownArea
Inala at a glance
16,435
People
$907,000
Median sale
$606/wk
Median rent
3.47%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by AU Property GroupWelcome to 61 Balsa Street, Inala. This beautifully renovated and well-maintained family home is perfectly situated in the heart of Inala offers an ideal blend of modern comforts and spacious living on a spacious 698m fully fenced block. Whether you're a first home buyer looking for a move-in-ready property or an astute investor seeking a valuable addition to your portfolio, this home ticks all the boxes.
Three good-sized bedrooms: Each bedroom boasts new tiled floors (installed just a year ago) and ceiling fans. The master bedroom includes a big built-in robe for ample storage.
Renovated open-plan kitchen and dining area: Enjoy a modern kitchen with a new electric cooktop and oven, new tiles, and plenty of drawers and cupboards for storage. The kitchen flows seamlessly into the dining and living areas, creating a spacious and inviting atmosphere.
Freshly painted: The entire house, including the Colourbond roof, has been freshly painted inside and out, giving it a clean and contemporary look.
Bathroom amenities: The bathroom includes a combined bathtub and shower, a new toilet seat, and a new basin vanity.
Security: Security screens are fitted on all doors and windows, providing peace of mind for your family.
Outdoor features: This property offers a harmonious blend of comfort and practicality, making it an excellent choice for families and investors alike. The spacious backyard provides a safe and enjoyable space for children and pets, while the newly renovated interiors ensure a modern and stylish living environment. Additionally, there's a separate laundry area and a nice alfresco space for outdoor entertaining.
Additional Features:
Separate dining and living areas
Linen cupboard for extra storage
One car space
Location Benefits:
Proximity to Schools: 1 km away from Inala State School, Glenala State High School, and Western Suburbs State School
Shopping and Dining: Close to Inala Plaza, Richlands Plaza, and Forest Lake Shopping Centre, providing a vibrant shopping and dining scene. Biota Street shopping complex is also just seconds away.
Transport: Well-connected with public transport options nearby as well.
Parks: Close to local parks, perfect for outdoor activities.
This beautifully renovated and well-maintained home at 61 Balsa Street, Inala, offers a comfortable and convenient lifestyle. Whether you are a first home buyer or an investor, this property is a fantastic opportunity not to be missed.
Don't miss out on this gem in Inala!
Contact Prabhjit on 0469 119 205 to arrange a viewing and experience the endless possibilities firsthand.
Disclaimer- All information relating to the property described is gathered from sources we believe to be reliable. However, we cannot guarantee or warrant its accuracy. You should make your own enquiries, consult relevant advisers and satisfy yourself about its integrity.
Listing description written by Prabhjit Singh, AU Property Group — reproduced as published, not verified by Districts.
Nearby 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.