FOR SALE
Expressions of Interest | $4,600,000 - $5,000,000

7 Carronshore Close
Balwyn VIC 3103

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 998m2
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Lucrative Golden Mile Site

Expressions of Interest
A once-in-a-lifetime opportunity for affluent families or high-end developers, this 998sqm approx. block is hidden privately in the bowl of a premier cul-de-sac alongside Canterbury’s Golden Mile.
Right in the heart of an elite school precinct where your children can stroll to Camberwell Grammar, Camberwell Girls’ Grammar, Canterbury Girls’ Secondary College and Fintona Girls’ School, construct an opulent family residence boasting a sunny north-facing backyard (STCA).
Alternatively, this allotment comes with plans and permits to build three cutting-edge town residences, where each features vast living zones, a lift, swimming pool, rooftop terrace, basement theatre, gym and a double auto garage.
Wander with absolute delight along tree-lined boulevards to Balwyn Park, Palace Balwyn Cinema, top-rated restaurants, Balwyn Village, train and the 109 tram to Kew’s highly regarded private school precinct.
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Property Details for 7 Carronshore Cl, Balwyn

Building Type
Land
Land Size
998m2

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About Balwyn 3103

The size of Balwyn is approximately 4.4 square kilometres. It has 19 parks covering nearly 5% of total area. The population of Balwyn in 2011 was 12,943 people. By 2016 the population was 13,321 showing a population growth of 2.9% in the area during that time. The predominant age group in Balwyn is 10-19 years. Households in Balwyn are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balwyn work in a professional occupation. In 2011, 72.9% of the homes in Balwyn were owner-occupied compared with 71.2% in 2016.

Balwyn has 7,405 properties. Over the last 5 years, Houses in Balwyn have seen a 20.17% increase in median value, while Units have seen a 14.75% increase. As at 31 August 2024:

  • The median value for Houses in Balwyn is $2,757,825 while the median value for Units is $845,766.
  • Houses have a median rent of $980 while Units have a median rent of $600.
There are currently 23 properties listed for sale, and 8 properties listed for rent in Balwyn on OnTheHouse. According to CoreLogic's data, 321 properties were sold in the past 12 months in Balwyn.

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Ted Jao
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