19 Barrows WayBalga WA 6061
Property Details for 19 Barrows Way, Balga
19 Barrows Way, Balga is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 840m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom House sold in Balga in the last 12 months.
Last Listing description (November 2024)
Positioned in the thriving suburb of West Balga, 19 Barrows Way offers a rare opportunity for investors and developers, featuring a generous 840m² R40 zoned elevated block. With this zoning, the property holds exciting potential as a triplex development site, making it a standout prospect in the current market.
The R40 zoning opens the door to a range of development possibilities, including the potential to build up to three dwellings (subject to WA Planning Commission and Local Council approval), maximising the value of the land. With its elevated position and prime location, this site is ideal for creating modern, high-demand residences. Blocks of this size and zoning are increasingly rare in the area, making this an excellent opportunity for savvy developers to deliver a standout project in a fast-growing suburb.
This property offers immediate rental income while you plan your future development. The existing 3-bedroom, 1-bathroom home is neat, well-maintained, and move-in ready, requiring no urgent updates. Investors can enjoy consistent cash flow while land banking for future development, knowing that demand for rental properties in West Balga remains strong.
Property Features:
• Zoned R40 – Potential for a triplex site (subject to WAPC and Local Council approval)
• Expansive 840m² elevated block, offering significant development potential
• 3 spacious bedrooms
• 1 well-maintained bathroom
• Open plan kitchen and meals area
• Separate living room
• Split system air-conditioning for year-round comfort
• Undercover parking for 2 cars, with additional space for extra vehicles
• Large backyard, ideal for future extensions or subdivision
As large, elevated R40-zoned blocks in this area become increasingly hard to find, 19 Barrows Way presents a unique opportunity to secure a property with high potential for future development. Whether you're looking to develop immediately or land bank for future growth, this site offers exceptional flexibility and value.
**All offers are to be presented by 4pm on the 15th of October, however, the seller reserves the right to accept offers prior without notice.**
Don't miss out-to know more or to book an inspection call Carl on 0403 009 814 to explore this exciting opportunity and secure your foothold in the highly sought-after West Balga market!
DISCLAIMER: Whilst every care has been taken with the preparation of the particulars contained in the information supplied, neither the Agent nor the Seller guarantee their accuracy. The particulars of this advertisement are supplied for general information only and shall not be taken as representation in any respect on the part of the Seller or their Agent nor form part of any contract. Prospective clients should carry out their own independent due diligence to ensure the information provided is correct and meets their expectations.
Property History for 19 Barrows Way, Balga, WA 6061
- 04 Nov 2024Sold for $687,500
- 01 Oct 2024Listed for Sale SOLD!
- 08 May 2023Sold for $455,000
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0About 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 7,665 properties. Over the last 5 years, Houses in Balga have seen a 115.45% increase in median value, while Units have seen a 167.71% increase. As at 30 November 2024:
- The median value for Houses in Balga is $619,885 while the median value for Units is $592,495.
- Houses have a median rent of $580 while Units have a median rent of $600.
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