Balwyn at a glance
14,251
People
No data
Median sale
$615/wk
Median rent
No data
Suburb gross yield
$580,000–$630,000
For sale
Asking range
2
Bedrooms
1
Bathrooms
1
Car spaces
85 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
Asking
$580,000–$630,000
Asking range · $6,824/m² of land
No recorded sale for this property.
Balwyn at a glance
14,251
People
No data
Median sale
$615/wk
Median rent
No data
Suburb gross yield
Based on the low end of the asking range, not a contract price.
$35,031 on top of the price (6.0% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Balwyn's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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
VICPlanning 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.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $615/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. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. 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.
Gross yield if leased at the suburb aggregate is 5.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
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
Balwyn at a glance
14,251
People
No data
Median sale
$615/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by Ross HuntWelcome to 8/28 Weir Street Balwyn. This well-maintained, light-filled first floor apartment in a boutique complex ticks all the right boxes for family buyers: natural light, low-maintenance living, quality schooling and everyday convenience. Tucked away at the rear of the complex on elevated ground with open views, the north-facing kitchen and dining area is flooded with morning sunshine. With walking distance to shops, schools, library and public transports. This home offers a genuine opportunity to secure a lifestyle that balances comfort, education and long-term value.
● 2 spacious bedrooms with mirrored built-in robes
● Central bathroom with shower and bathtub and laundry facilities
● Separate toilet
● North-facing modern kitchen
● Floating timber floors
● Rear corner position on high ground with open views
● Enviably located: walking distance to shops, schools, library and public transports
Situated on the first floor of a boutique apartment complex in one of Balwyn's most sought-after school zones, this two-bedroom residence offers a fantastic opportunity for those seeking a low-maintenance lifestyle in a premium location. This home is ideal for first-home buyers, downsizers or investors. Presented in excellent condition with a thoughtful layout, the home is ready to move in and enjoy.
The interior is designed with natural light and practicality in mind. Two generous bedrooms both feature mirrored built-in robes, providing ample storage for everyday living. The separated living area flows seamlessly onto a private balcony, and is complemented by a split-system air conditioner for year-round comfort. The north-facing kitchen/dining area has been tastefully updated, featuring an Omega stainless steel oven and gas cooktop, granite benchtops, glass splashback, double sink and high-gloss cabinetr making meal preparation a pleasure. The tiled central bathroom is well-appointed with both a shower and bathtub, complemented by a separate toilet and laundry facilities for added convenience.
Location is a standout feature. Within easy walking distance, you'll find a vibrant selection of eateries, boutique shops, service providers, the local library, the 109 tram (connecting Box Hill to Port Melbourne), John August Reserve, Maranoa Gardens, Beckett Park and Balwyn Cinema. For families, the schooling options are exceptional, this home falls within the Balwyn Primary School zone, with Canterbury Girls Secondary College and Camberwell High School also nearby, along with childcare and kindergarten centres just moments away.
This is a rare opportunity to secure a light-filled, low-maintenance apartment that combines comfort, convenience, open views and outstanding schooling all in one of Melbourne's most desirable eastern suburbs.
Call us today to arrange inspection!
Listing description written by Ming Chen, Ross Hunt — reproduced as published, not verified by Districts.