Back 8 Balney St
Off Market

8 Balney St

Balga WA 6061

3
1
2
728 m²
House
Meagen CrumpMeagen Crump, last sold this property on 30 June 2025 after 4 days on market.

Overview

Parkside Potential - R40 Zoned 728sqm with Income Stream in Place

Unlock the possibilities with this rare parkside opportunity in one of the area's most promising growth pockets. Set on a generous 728sqm block with R40 zoning and ideal topography, this property offers the ultimate canvas for future development-be it a multi-dwelling project, a stylish new build, or a strategic landbank for capital growth. The existing home is an honest classic balga abode -neat, functional, and currently leased to an excellent long-term tenant who's happy to stay on, providing immediate holding income of $650 per week through to January 2026. It's the perfect scenario: secure returns while you explore your development vision. Looking directly onto a lush parks and playing fields and positioned in a quiet, established street, the location is both serene and strategic-offering lifestyle appeal, proximity to key transport routes, schools, and shopping precincts. Whether you're ready to renovate, detonate, or simply sit tight and plan your next move, this property is a prime opportunity for investors and developers looking to capitalise on strong zoning, excellent land content, and steady rental income. Opportunities like this-with all the right fundamentals-are increasingly rare. Enquire today and secure your foothold in a high-growth corridor.

Features

3 bedrooms
1 bathroom
2 carspaces
1 carport space
1 open car space
728 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Balga over the last 12 months, the estimated median property value of 8 Balney St is $715k.

Median value
$715k
Estimated value range
$500k - $1.15m
Median days on market
20
Estimated value trend
14%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Balga. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 8 Balney St

2025
Sold
30 Jun 2025 by Meagen Crump, of M+M Property Consultants
2023
Rented
Undisclosed
Leased on 05 Oct 2023 by M+M Property Consultants
2023
Sold
19 Jul 2023 by Hakim Mousavi, of ROSS REALTY

Happy sellers in Balga

95%
95% of sellers in Balga reported that their sale price either exceeded or met their price expectations.

Balga stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 72 reviews in Balga over the last 12 months.

Local market activity for 3 bedroom houses in Balga

In the last 12 months, 177 three-bedroom houses similar to 8 Balney St, have been sold.

This represents a 21% increase in three-bedroom houses sales when compared to the previous 12 months.

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