FOR SALE
OFFERS : High $600s - Low $700's

21 Elward Way
Balga WA 6061

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 83m2
Land area: 718m2
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Investment Opportunity Awaits at 21 Elward Way, Balga WA 6061!

This well-maintained 2-bedroom, 1-bathroom home sits on a generous 718 sqm block in a quiet street, presenting a prime chance for savvy investors or developers. With the potential to develop up to 3 units, you can maximize your returns while enjoying the benefits of the current rental market. This tidy home features a spacious lounge, a practical kitchen, two large bedrooms with ample storage, and an updated bathroom, plus a separate laundry area. The gorgeous front and backyard enhance the property's appeal, along with a large rear patio perfect for outdoor entertaining. Additional highlights include good rear access and a large shed, making it ideal for both living and future development. Don't miss this chance to secure a property that combines immediate rental income with long-term growth potential!
Features:
- Land Size: 718 sqm with development potential for up to 3 units
- Bedrooms: 2 spacious bedrooms with ample storage
- Bathrooms: 1 updated bathroom
- Second Toilet
- Evap A/C System
- Living Space: Large lounge area and practical kitchen
- Laundry: Separate laundry area for convenience
- Outdoor Areas: Gorgeous front and backyard with a large rear patio
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Property Details for 21 Elward Way, Balga

21 Elward Way, Balga is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 718m2 and floor size of 83m2. The place is currently for sale with Professionals The Wright Team.

Building Type
House
Floor Size
83m2
Land Size
718m2

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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 9 properties listed for rent in Balga on OnTheHouse. According to CoreLogic's data, 439 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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