Gorokan at a glance
8,789
People
$847,500
Median sale
$560/wk
Median rent
3.44%
Suburb gross yield
Median sale from 110 recorded sales (last 12 months) — a Districts calculation.
NSW › Gorokan › Balmoral Dr
$888,888
Last sold
31 Mar 2025
3
Bedrooms
3
Bathrooms
2
Car spaces
842 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
$888,888
31 Mar 2025 · derived via latest_sale
Local land rate: recorded House sales in Gorokan (last 5 years) with land size have a median of $1,457/m² of land (n=117). Districts calculation from recorded sales — not a valuation.
Gorokan at a glance
8,789
People
$847,500
Median sale
$560/wk
Median rent
3.44%
Suburb gross yield
Median sale from 110 recorded sales (last 12 months) — a Districts calculation.
Vs Gorokan
+4.9%
Median sale
Suburb $847,500
-0.16 pp
Gross yield
Suburb 3.44%
Suburb median $847,500 from 110 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
NSWPlanning 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.” NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
Rental
No advertised rent is recorded. Suburb median rent $560/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. NSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet. 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. NSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
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
UnknownNSW has a statewide DA API. Nearby (100–800 m) applications are not loaded for this property yet.
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
UnknownNSW Valuer General land values are not loaded for this property yet.
Net yield / holding costs
UnknownNSW net yield needs land tax and VG inputs that are not loaded. Gross yield from listings is not net yield.
Area
Gorokan at a glance
8,789
People
$847,500
Median sale
$560/wk
Median rent
3.44%
Suburb gross yield
Median sale from 110 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Heritage Real EstateWelcome to your next family home, where space and convenience come together in this sought after Gorokan location.
This expansive three-bedroom, three-bathroom residence offers multiple living areas that provide the perfect balance of relaxation and entertainment.
Set on a generous 842sqm block with an impressive wide frontage, this property boasts ample space for extra parking, whether it’s for a caravan, boat, or additional vehicles.
Inside be greeted by a thoughtful layout that caters to both comfort and practicality. The heart of the home features spacious, light-filled living zones, creating a warm and inviting atmosphere.
The well-appointed kitchen is complete with quality appliances, abundant storage, and seamless connectivity to the living areas.
Upstairs, the top level captures 180 degree views to the lake and ocean making it the perfect place to unwind and take in the serene surroundings. The master bedroom features an ensuite, and ample wardrobe space, while the additional bedrooms are equally well-sized with built in wardrobes.
Outdoor living is a true highlight of this home. The stunning inground pool is a showstopper, offering the perfect place to cool off on warm summer days. The yard features a selection of established fruiting trees perfect for sustainability and attracts an abundance of birds.
The expansive yard provides endless opportunities to enjoy the outdoors, whether it's entertaining guests, expending your garden or enjoying weekend barbecues, or simply soaking up the sunshine in your backyard.
The home is positioned in a quiet street close to main arterial roads making for an easy morning commute.
Disclaimer: Information has been sourced using third parties. As the representing agency, we do not guarantee accuracy, accept no liability, and advise interested parties to conduct their own investigations. Images are indicative only.
Listing description written by Toby Butcher, Heritage Real Estate — reproduced as published, not verified by Districts.