FOR SALE
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16 Preston Way
Balga WA 6061

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 849m2
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DEVELOPERS DELIGHT

Are you ready to transform a property into your dream home or a lucrative investment? This 3bedroom, 1bathroom house is brimming with potential and offers a fantastic canvas for renovation or development.
Situated on a generous 850sqm site, this property provides ample space for expansion or development, making it ideal for investors and developers alike. The large site offers incredible possibilities-consider building additional units, creating a spacious outdoor entertaining area, or even exploring multi-dwelling development options (subject to council approval).
Located in a desirable neighbourhood, this property is conveniently close to schools, parks, and amenities, making it ideal for families and investors alike. The potential for growth in this area further enhances the attractiveness of this opportunity.
Don't miss this chance to transform a property with incredible possibilities. Contact us today to schedule a viewing and start envisioning your project!
Land
- 850m2
- Flat
- Retain and Build Potential (STCA)
- Triplex Site (STCA)
Features:
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Property Details for 16 Preston Way, Balga

16 Preston Way, Balga is a 3 bedroom, 1 bathroom House. The property has a land size of 849m2. The place is currently for sale with Professionals The Wright Team.

Building Type
House
Land Size
849m2

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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 7,642 properties. Over the last 5 years, Houses in Balga have seen a 104.88% increase in median value, while Units have seen a 150.49% increase. As at 30 September 2024:

  • The median value for Houses in Balga is $586,865 while the median value for Units is $560,306.
  • Houses have a median rent of $580 while Units have a median rent of $580.
There are currently 66 properties listed for sale, and 8 properties listed for rent in Balga on OnTheHouse. According to CoreLogic's data, 447 properties were sold in the past 12 months in Balga.

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Ronnie Abboud
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Professionals The Wright Team
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