OFF MARKET

1/40 Elward Way
Balga WA 6061

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 93m2
Land area: 211m2
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Property Details for 1/40 Elward Way, Balga

1/40 Elward Way, Balga is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2013. The property has a land size of 211m2 and floor size of 93m2.

Building Type
House
Year Built
2013
Floor Size
93m2
Land Size
211m2
Local Government
Stirling

Last Listing description (January 2016)

Building a brand new property in a well-established community often costs a premium but Dale Alcock Homes have designed and built three impressive units on this Elward Way site for an extremely affordable price.
Balga is one of those suburbs with so much potential that buyers sometimes overlook and this property has a long list of inclusions and is close to everything you could possibly need including shops, schools, parks and more.
The median house sales price in the area has increased 21.6% in the last five years and this street-front unit presents an exciting opportunity for an astute buyer. If you are looking for a contemporary, low maintenance home and excellent value for money this home ticks all the boxes.

Just some of the many property features include:
6 star energy rating;
Open-planned kitchen meals and living area;
European soft close drawer and cupboard door system throughout the kitchen;
Quality Westinghouse stainless steel kitchen appliances;
The living area extends out to a private courtyard;
Cleverly designed with three bedrooms and two bathrooms;
All bedrooms have built-in robes;
Quality ceramic tiles to kitchen, bathrooms and laundry and carpets to bedrooms;
Shower and bath in second bathroom plus a private WC for guests;
Double lock-up garage with storeroom and remote controlled door;
Full range of turnkey inclusions including blinds, landscaping, reticulation, letterbox, clothesline, LED lighting package and more;
Instantaneous gas hot water system;
Quality built by Dale Alcock Homes;
3 month maintenance period and 6 year structural warranty.
Benefits of the area:
The median house sales price in the area has increased 21.6% in the last five years;
Opportunity to buy brand new property is a well-established community;
4 minutes to Warwick Grove and 90+ retailers;
Minutes from numerous primary and secondary schools (public or private);
Walking distance to Heritage Park, Celebration Park and Princess Wallington Reserve;
East access north or south via Wanneroo Road or Mitchell Freeway;
15 minutes to the beach.
These units are currently under construction with completion scheduled for Late 2015 but now is the time to act as this unit is expected to sell fast.
The above purchase price of $273,000 represents a 70% share in this property. The Housing Authority (the Department of Housing) will own the other 30% share, in equity.
This property is offered under a FLEXI loan product from Keystart. Please refer to Keystart (1300 578 278) for an explanation of this.
DISCLAIMER:
*Prices specified may be subject to change. Images are for illustrative purposes only. The information provided should not form any part of a contract or sale and is subject to change without notice. ABN Realty is not the owner of the land but has permission from the owner of the land to advertise the development. Please speak to an ABN Realty Property Specialist for details and clarification on inclusions. ABN Realty ABN 66 153 825 542. ABN Realty Licence number 64283.

Property History for 1/40 Elward Way, Balga, WA 6061

A timeline of how this property has performed in the market
  • 08 Jul 2015
    Listed for Sale $273,000

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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 7,634 properties. Over the last 5 years, Houses in Balga have seen a 107.28% increase in median value, while Units have seen a 162.06% increase. As at 31 October 2024:

  • The median value for Houses in Balga is $599,121 while the median value for Units is $578,090.
  • Houses have a median rent of $580 while Units have a median rent of $595.
There are currently 66 properties listed for sale, and 10 properties listed for rent in Balga on OnTheHouse. According to CoreLogic's data, 437 properties were sold in the past 12 months in Balga.

Suburb Insights for Balga 6061

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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.