6 Wallara StreetBalmoral QLD 4171
Property Details for 6 Wallara St, Balmoral
6 Wallara St, Balmoral is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 951m2 and floor size of 144m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (August 2024)
Situated on a spacious 952sqm elevated block with a nearly 24m frontage, this property presents an enticing opportunity for developers. Nestled on a tranquil cul-de-sac street in the heart of Balmoral, the existing brick home is ripe for demolition, offering a prime location close to schools, transportation, parklands, and the Oxford St precinct. Such properties are becoming increasingly scarce in today's market.
The site, boasting a livable three-bedroom, two-bathroom postwar brick house, awaits transformation into two new upscale residences. You have the option to either clear the site immediately or generate rental income while planning your development strategy.
Key property features include:
- Spacious 952sqm block with nearly 24m frontage
- Development approval for subdivision valid until Feb 2027
- Low residential density zoning
- Rare opportunity for customizable redevelopment
- Convenient location on a quiet cul-de-sac in Balmoral
- Proximity to schools, transport, parks, and Oxford St in Bulimba
The property offers easy access to city bus stops, Oxford St (a 3-minute drive away), the CBD, Brisbane Domestic and International Airport (15-minute drive), as well as being within the catchment areas for Sts Peter and Paul's Primary School and Balmoral State High School. Additionally, it is close to parklands, childcare facilities, kindergartens, and prestigious private schools, making it an ideal location for a standout development in the esteemed Balmoral neighborhood.
*Subject to Brisbane City Council Approval*
Disclaimer:
We have in preparing this advertisement used our best endeavours to ensure the information contained is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements contained. Prospective purchasers should make their own enquiries to verify the information contained in this advertisement.
Property History for 6 Wallara St, Balmoral, QLD 4171
- 28 Aug 2023Listed for Sale Price by Negotiation
- 07 Feb 2022Listed for Rent $690 / week
- 21 Sep 2021Sold for $1,500,000
Commute Calculator
Recent sales nearby
See more recent sales nearby
/assets/perm/g4ptahvr4ei6vpglovtf4t2f44?signature=80cc8fbf4501e8254e18ee0e0f41da05e9d3aa05ef2caf4fca6030cc68f6fe87){kind=logo}
0/assets/perm/zu52givjoqi6xa3yrgiruxdz2i?signature=3714699bf663388c13ad941c76b6cf4f9e5b16a7b8ab1f24ebd96f1c21d5e9e0){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
About Balmoral 4171
The size of Balmoral is approximately 1.3 square kilometres. It has 6 parks covering nearly 4.6% of total area. The population of Balmoral in 2011 was 3,827 people. By 2016 the population was 3,900 showing a population growth of 1.9% in the area during that time. The predominant age group in Balmoral is 40-49 years. Households in Balmoral are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Balmoral work in a professional occupation. In 2011, 60.3% of the homes in Balmoral were owner-occupied compared with 61.3% in 2016.
Balmoral has 1,974 properties. Over the last 5 years, Houses in Balmoral have seen a 79.81% increase in median value, while Units have seen a 69.01% increase. As at 31 October 2024:
- The median value for Houses in Balmoral is $1,862,435 while the median value for Units is $868,349.
- Houses have a median rent of $800 while Units have a median rent of $645.
Suburb Insights for Balmoral 4171
Market Insights
Balmoral Trends for Houses
N/A
N/A
View TrendN/A
N/A
Balmoral Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
