38 Rae Cres, Balgownie is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1972. The property has a land size of 620m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 3 bedroom House sold in Balgownie in the last 12 months.
investment | classic | location
Positioned in a quiet and sought-after location, this rare offering caters to a diverse range of buyers. Whether you're a family buying jointly, seeking a live-in-one, rent-the-other arrangement, or pursuing a full investment opportunity, this property delivers exceptional versatility and potential.
what you will love
> two well-cared-for properties sold in one line
> current rental return of $44,200 gross per annum both in expired leases
> 17m frontage offers potential for future redevelopment
> a single-level structure on a near-level allotment
> both unit feature spacious floor plans with open-plan living areas
> bathrooms equipped with bathtubs, freestanding showers
> separate water closets plus both units offer internal laundries
> well maintained kitchens that maximise storage and workspace
> 3 well-appointed bedrooms across the two unit, all with built-in robes
> dual covered carport with classic breezeblocks feature wall
> approximate 3-minute drive to the local shopping village
> flat, walkable neighborhood with easy access to local amenities
> potential for future duplex development, subject to council approval
> council = $2,748 pa, water = $688 pa, land size = 620 sqm
Whilst every effort has been made to ensure the accuracy and thoroughness of the information provided to you in our marketing material, we cannot guarantee the accuracy of the information provided by our vendors, and as such, and McNeice X makes no statement, representation or warranty, and assumes no legal liability in relation to the accuracy of the information provided. Interested parties should conduct their own due diligence in relation to each property they are considering purchasing. All photographs, maps and images are representative only, for marketing purposes.
The size of Balgownie is approximately 3.6 square kilometres. It has 15 parks covering nearly 16.5% of total area. The population of Balgownie in 2016 was 5525 people. By 2021 the population was 5722 showing a population growth of 3.6% in the area during that time. The predominant age group in Balgownie is 40-49 years. Households in Balgownie are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Balgownie work in a professional occupation.In 2021, 76.00% of the homes in Balgownie were owner-occupied compared with 76.90% in 2016.
Balgownie has 2,577 properties. Over the last 5 years, Houses in Balgownie have seen a 45.56% increase in median value, while Units have seen a 49.10% increase. As at 30 November 2025:
N/A
N/A
View TrendN/A
N/A
N/A
N/A
View TrendN/A
N/A
© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.