16 Preston Way, Balga, WA 6061 sold on 14 February 2025 | OnTheHouse
 
SOLD
Sold on 14 Feb 2025 for $763,000

16 Preston Way
Balga WA 6061

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 850m2
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Property Details for 16 Preston Way, Balga

16 Preston Way, Balga is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1964. The property has a land size of 850m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 3 bedroom House sold in Balga in the last 12 months.

Building Type
House
Year Built
1964
Floor Size
84m2
Land Size
850m2
Local Government
Stirling
Lot/Plan
363/P008688

Last Listing description (April 2025)

Are you ready to transform a property into your dream home or a lucrative investment? This 3bedroom, 1bathroom house is brimming with potential and offers a fantastic canvas for renovation or development. Situated on a generous 850sqm site, this property provides ample space for expansion or development, making it ideal for investors and developers alike. The large site offers incredible possibilities-consider building additional units, creating a spacious outdoor entertaining area, or even exploring multi-dwelling development options (subject to council approval).Located in a desirable neighbourhood, this property is conveniently close to schools, parks, and amenities, making it ideal for families and investors alike. The potential for growth in this area further enhances the attractiveness of this opportunity.Don't miss this chance to transform a property with incredible possibilities. Contact us today to schedule a viewing and start envisioning your project!Land - 850m2- Flat- Retain and Build Potential (STCA)- Triplex Site (STCA)Features:- 3 Bedrooms- 1 Bathroom- Spacious living area- Currently leasedLocation:- 270m to Fernhurst Reserve- 600m to Balga Primary School- 1.4km to Reid highway- 1.7km to Gladys Newton School- 2.1km to Balga Senior High School- 2.6km to Stirling Central Shopping Centre

Property History for 16 Preston Way, Balga, WA 6061

A timeline of how this property has performed in the market
Last Sold
$763,000
14 Feb 2025
  • 14 Feb 2025
    Sold for $763,000
  • 29 Oct 2024
    Listed for Sale FROM $789K
  • 19 May 2008
    Sold for $355,000
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About 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 2016 was 12685 people. By 2021 the population was 13864 showing a population growth of 9.3% in the area during that time. The predominant age group in Balga is 30-39 years. Households in Balga are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Balga work in a community and personal service occupation.In 2021, 48.60% of the homes in Balga were owner-occupied compared with 50.60% in 2016.

Balga has 7,759 properties. Over the last 5 years, Houses in Balga have seen a 131.61% increase in median value, while Units have seen a 157.78% increase. As at 30 November 2025:

  • The median value for Houses in Balga is $725,154 while the median value for Units is $596,530.
  • Houses have a median rent of $655 while Units have a median rent of $635.
There are currently 26 properties listed for sale, and 9 properties listed for rent in Balga on OnTheHouse. According to Cotality's data, 394 properties were sold in the past 12 months in Balga.

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Ronnie Abboud
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