Nailsworth at a glance
2,243
People
$1,480,000
Median sale
$529/wk
Median rent
1.86%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
SA › Nailsworth › Balfour St
$1,250,000
Last sold
30 Aug 2021
5
Bedrooms
3
Bathrooms
3
Car spaces
975 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
$1,250,000
30 Aug 2021 · derived via latest_sale
Local land rate: recorded House sales in Nailsworth (last 5 years) with land size have a median of $2,154/m² of land (n=25). Districts calculation from recorded sales — not a valuation.
Nailsworth at a glance
2,243
People
$1,480,000
Median sale
$529/wk
Median rent
1.86%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Vs Nailsworth
-15.5%
Median sale
Suburb $1,480,000
+0.34 pp
Gross yield
Suburb 1.86%
Suburb median $1,480,000 from 8 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
SAPlanning 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 $529/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
UnknownNearby 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.
Area
Nailsworth at a glance
2,243
People
$1,480,000
Median sale
$529/wk
Median rent
1.86%
Suburb gross yield
Median sale from 8 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ennis PartnersBig and bold! This home was "it" in the 60's and 70's!
A solid brick, 2 story "builders" home, with its own separate apartment, this is a time capsule of 60's and 70's highlife. Etched glass doors, extravagant floral carpets, high lo carpets, Pink and blue bathrooms, terrazzo flooring, pastel laminate carpentry, out there light fittings, splatterings of art deco, floral wall paper, exposed timber doors, a big rear covered verandah, large upstairs balcony, a pool, a big garden with lots of room for vegetables and back yard cricket!
The home is situated on a wonderful allotment of some 975 sqm (approx), with a 21 m frontage, with a north facing rear, entered by either of the 2 driveways.
The main home comprises:
4 generous bedrooms, one with a separate dressing room
2 bathrooms
Charming lounge/family room with gas heater
Separate Dining Room
Immaculate 60's "eat in" kitchen with plenty of bench and storage space
Separate Laundry
"mud room"
The separate apartment/flat, with its own entrance, is ideal for multi generational families, teenagers, or a bonus income stream. It comprises:
A large bedroom
Commodious sitting room/lounge
Very functional kitchen and meals room
Bathroom
Other features of the home include 10 Solar panels,various sheds and workshop areas, parking for numerous cars, boats, and caravans off the street, and all set in this perfect part of Nailsworth, so close to the CBD, excellent shopping centres, and great schooling.
This home has had only two family owners since it was built in 1927, and had a major renovation we suspect in the mid 1960's. It's now time for a third to add their imagination! What will you do?A minor makeover now to smarten up for modern day living, with a major renovation in a few years time? Bite the bullet and get on with a major renovation now, or perhaps speak with council regarding re-developing this large 975 sqm block (stcc). The choices are yours - what a chance!
62 Balfour Street Nailsworth awaits your inspection! Come and visit with your eyes wide open and imagine what you could do here!
Expressions of Interest conclude Tuesday 24th August 2021at 11.30am unless sold before hand.
All viewings by appointment - that's easy - call Richard Colley on 0418 827710 to tee up a time that suits. I look forward to showing it to you.
Listing description written by Richard Colley, Ennis Partners — reproduced as published, not verified by Districts.