5 Elward Way, Balga, WA 6061 | Property Value & History | OnTheHouse
 
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5 Elward Way
Balga WA 6061

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 109m2
Land area: 769m2
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Last updated 12 Jan 2026
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Property Details for 5 Elward Way, Balga

5 Elward Way, Balga is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 769m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1960
Floor Size
109m2
Land Size
769m2
Local Government
Stirling
Lot/Plan
253/P009203

Last Listing description (May 2024)

Welcome to a realm of abundant possibilities with this outstanding property.

This is your chance to secure an investment that offers not just one, but multiple options for your future. Whether you seek a comfortable home, desire lucrative rental returns, or have grand development dreams, this property has it all!

Option 1: Live Comfortably:

Step into a neat and tidy home situated on a large, well-maintained block. Imagine yourself surrounded by convenience, with every amenity just a stone's throw away. This property offers the perfect blend of comfort and convenience, allowing you to live the lifestyle you've always dreamed of.

Option 2: Lease for Strong Rental Returns:
Take advantage of the current market conditions, where rentals are in high demand. With low availability, your investment can become a passive income generator. Sit back and watch as your rental returns soar, providing a solid financial foundation for your future.

Option 3: Develop to Maximize Potential:
Unleash your creativity and seize the opportunity to develop this property into something extraordinary. Demolish and build multiple villas to cater to the growing demand for quality housing. Alternatively, retain the existing house and subdivide the rear block to unlock its full potential. The choice is yours, limited only by your imagination.

Don't miss out on this incredible chance to secure your financial future. This property offers flexibility, adaptability, and a multitude of options. Act now to take advantage of the ever-growing real estate market and make your dreams a reality.

Contact us today to arrange a viewing and explore the fantastic opportunities that await you!

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Property History for 5 Elward Way, Balga, WA 6061

A timeline of how this property has performed in the market
Last Sold
$465,000
15 Jun 2023
Listed for Rent
$350/w
25 May 2022
  • 15 Jun 2023
    Sold for $465,000
  • 12 Jun 2023
    Listed for Sale SOLD!
  • 09 May 2022
    Listed for Rent - Price not available
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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 7,750 properties. Over the last 5 years, Houses in Balga have seen a 136.36% increase in median value, while Units have seen a 157.34% increase. As at 31 December 2025:

  • The median value for Houses in Balga is $746,254 while the median value for Units is $625,105.
  • Houses have a median rent of $670 while Units have a median rent of $650.
There are currently 18 properties listed for sale, and 13 properties listed for rent in Balga on OnTheHouse. According to Cotality's data, 395 properties were sold in the past 12 months in Balga.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. 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.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

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.

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