Sold
8 Balney Street, Balga WA 6061
Sold price: $745,000
Sold: 01 Jul 2025
Sold
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3 Bedrooms
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1 Bathroom
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1 Car
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Landsize 728m2
House
View
Parkside Potential - R40 Zoned 728sqm with Income Stream in Place
Unlock the possibilities with this rare parkside opportunity in one of the area's most promising growth pockets.
Set on a generous 728sqm block with R40 zoning and ideal topography, this property offers the ultimate canvas for future development-be it a multi-dwelling project, a stylish new build, or a strategic landbank for capital growth.
The existing home is an honest classic balga abode -neat, functional, and currently leased to an excellent long-term tenant who's happy to stay on, providing immediate holding income of $650 per week through to January 2026. It's the perfect scenario: secure returns while you explore your development vision.
Looking directly onto a lush parks and playing fields and positioned in a quiet, established street, the location is both serene and strategic-offering lifestyle appeal, proximity to key transport routes, schools, and shopping precincts.
Whether you're ready to renovate, detonate, or simply sit tight and plan your next move, this property is a prime opportunity for investors and developers looking to capitalise on strong zoning, excellent land content, and steady rental income.
Opportunities like this-with all the right fundamentals-are increasingly rare.
Enquire today and secure your foothold in a high-growth corridor.
Property features
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Carports
1
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Toilets
1
Property snapshot by reiwa.com
This property at 8 Balney Street, Balga is a three bedroom, one bathroom house sold by Meagen Crump and Michelle McGill at M & M Property Consultants Pty Ltd on 01 Jul 2025.
Looking to buy a similar property in the area? View other three 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
$815k
Median
$750k
Low end
$680k
20.3 %
Annual growth
$750k
Annual median sales price
$720pw
Annual median rental price
