FOR SALE
Above $799,000 - Home Open By Appointment Only

12 Felpham Street
Balga WA 6061

Bedrooms: 6
Bathrooms: 2
Car spaces: 2
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Investment Goldmine

Sold in an "as is" condition.
Whether you simply move in, renovate, retain and subdivide, or develop 2 or 3 brand new properties, the options are available for you to pursue now or in the future.
This property, zoned R40 and subject to council approval (STCA), offers incredible development potential. Currently tenanted on a periodical basis and basis and generating a solid rental return, this property allows you to earn while you plan for future development.
With 6 bedrooms, 2 bathrooms and 2 car bays with a living area of 191m2 on a block of 728sqm, it provides the opportunity to develop multiple units.
However, it's important to consult with a local planning expert or council to understand how these changes specifically affect your property and what approvals are required.
Existing Structure
- Front lounge room with a fireplace.
- Open plan kitchen, dining and living area with ceiling fans, leading to a rear verandah.
- Master bedroom with ensuite and walk-in-robe.
- Five generously sized minor bedrooms, two with built-in robes.
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Property Details for 12 Felpham St, Balga

12 Felpham St, Balga is a 6 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with Key Performance Real Estate.

Building Type
House

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About Balga 6061

The size of Balga is approximately 5.2 square kilometres. It has 38 parks covering nearly 14.5% of total area. The population of Balga in 2011 was 10,701 people. By 2016 the population was 12,698 showing a population growth of 18.7% in the area during that time. The predominant age group in Balga is 20-29 years. Households in Balga are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balga work in a trades occupation. In 2011, 49.5% of the homes in Balga were owner-occupied compared with 50.6% in 2016.

Balga has 7,656 properties. Over the last 5 years, Houses in Balga have seen a 101.98% increase in median value, while Units have seen a 150.28% increase. As at 31 August 2024:

  • The median value for Houses in Balga is $574,336 while the median value for Units is $546,762.
  • Houses have a median rent of $560 while Units have a median rent of $563.
There are currently 60 properties listed for sale, and 17 properties listed for rent in Balga on OnTheHouse. According to CoreLogic's data, 467 properties were sold in the past 12 months in Balga.

Suburb Insights for Balga 6061

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Walter Iustini
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Key Performance Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.