24 Balaka Street
Capel Sound, 3940 VIC
House on a 593 m² block with 15m frontage.
Property Snapshot
House2 Bed1 Bath3 Off Street593 m² Land92 m² Internal15m Frontage
Investment Highlights
What makes 24 Balaka Street compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
593 m²
Frontage
15m
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Renovate upside — modest 92 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 1.1km to bus, 21km to train station and 618m to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
2
Bathrooms
1
Parking
3 off-street
Internal Area
92 m²
Ownership & Value
Last Sold$650k
Sold DateMar 2026
Land Value—
RPD521\LP89700
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
Auto Estimate
$650k
Confidence: VeryHigh
2 Bed Median
$650k
Growth Since 2026
—
Suburb 2 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$470
2 Bed Yield
3.8%
Vacancy
0.8%
Rentals Last 12M
7
Suburb 2 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: No bushfire known in this area. Heritage: Aboriginal Cultural Heritage Sensitivity. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 24 Balaka Street.
Train Station
21km
Bus Stop
1.1km
Schools
618m
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Capel Sound Snapshot
Broader suburb metrics that support the local story.
Population
5,246
Owner Occupiers
56%
Social Housing
1%
Crime Index
—
Not available
Low Stock on MarketLow Vacancy
Explore Capel Sound in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
