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.

Suburb Insights for Balga 6061

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Ronnie Abboud
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Professionals The Wright Team
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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.