Sold
5 Preston Way, Balga WA 6061
Listed price: $950,000
Sold: 19 Jun 2026
Sold
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2 Bedrooms
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4 Bathrooms
House
View
Invest, Develop or Nest - Endless Potential Awaits
Set on an R40-zoned block, this solid and well-built family home presents a rare opportunity packed with flexibility, future potential, and long-held history. Held within the same family for generations, this property has been a place of connection, growth, and lasting memories — now ready for its next chapter.
Built with quality craftsmanship and designed to stand the test of time, the home offers a comfortable and functional layout, with multiple living zones and a warm, inviting feel throughout. A unique highlight is the underground wine cellar — a rare feature that adds character and practical use for storage, entertaining, or a personal retreat.
What truly sets this property apart is the range of options it offers:
• Move in and enjoy a solid, established family home
• Renovate and modernise to add value
• Retain and build at the rear (subject to approvals)
• Explore duplex or multi-dwelling development potential under R40 zoning (subject to WAPC approval)
• Land bank and benefit from future growth
Positioned in a convenient location close to local amenities, schools, parks, and transport links, this is an opportunity that appeals to homeowners, investors, and developers alike.
Properties with this level of versatility, history, and future upside are increasingly hard to find.
Secure it today and unlock the potential tomorrow.Contact Quinton on 0425 080 186 for more info and inspection.
Disclaimers: Every care has been taken to verify the accuracy of the details in this advertisement; however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.
Property features
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Toilets
2
Property snapshot by reiwa.com
This property at 5 Preston Way, Balga is a two bedroom, four bathroom house sold by Quinton Dang at Dang Smart Realty on 19 Jun 2026.
Looking to buy a similar property in the area? View other two bedroom properties for sale in Balga or see other recently sold properties in Balga.
Nearby schools
Balga overview
Balga is northern suburb of Perth located in the City of Stirling. The name "Balga" was adopted in 1954 derived from the Aboriginal word for the indigenous grass tree Xanthorrhoea. Most dwellings in Balga are made of brick and tile, reflecting the period of development and while most residences are detached, there are some grouped dwellings and flats throughout the suburb.
Life in Balga
Balga contains numerous parks, sporting facilities and recreational reserves with the largest being Princess Wallington Reserve. Balga also contains two local shopping centres and several primary schools as well as Balga Senior High School and the North Metropolitan TAFE.
Balga quick stats
High end
$830k
Median
$761k
Low end
$689k
This listing
20.8 %
Annual growth
$761k
Annual median sales price
$700pw
Annual median rental price
