21 Elward Way, Balga is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1969. The property has a land size of 718m2 and floor size of 78m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom House sold in Balga in the last 12 months.
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- Access: Good rear access and large shed- Location: Quiet street, close to amenities- Investment Potential: Strong rental market for immediate incomeLocation: - 300m to North Balga Primary School - 450m to Celebration Park - 1.0km to Balga Plaza Shopping Centre - 1.0km to Stirling Leisure - Balga - 1.7km to Warriapendi Primary School - 2.0km to Balga Senior High School - 2.0km to Majella Catholic Primary School - 2.9km to North Metropolitan TAFE Balga
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:
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