FOR SALE
$700,000 - $770,000

2 Balwyn Court
Narre Warren VIC 3805

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
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Incredible opportunity for multi-family living or investment.

Welcome to 2 Balwyn Court, a property that offers endless potential for investors or multi-generational families seeking both flexibility and comfort. This unique offering boasts a well-designed 3-bedroom, 1-bathroom main house along with a fully self-contained 1-bedroom, 1-bathroom granny flat at the rear, making it ideal for a variety of living arrangements.
The primary residence features three generously sized bedrooms, providing ample space for a growing family. The central bathroom is well-appointed, and the layout of the home ensures both convenience and comfort. The spacious living area is perfect for relaxing or entertaining, with plenty of natural light flooding in through large windows. The kitchen, with its functional design and ample storage, serves as the heart of the home, providing the perfect space for preparing family meals or hosting friends.
At the rear of the property lies a self-contained 1-bedroom, 1-bathroom granny flat, offering privacy and independence. Whether it's for extended family members, guests, or a potential rental income stream, this additional living space presents a range of opportunities. The flat includes a fully equipped kitchen and living area, ensuring comfort and convenience for anyone who resides there.
For the savvy investor, 2 Balwyn Court could be a prime opportunity. The potential for dual income streams – one from the main house and one from the granny flat – makes this property an attractive investment. Alternatively, for a family looking to accommodate multiple generations under one roof, the separation between the main house and granny flat ensures privacy while keeping loved ones close by.
Note: Every effort has been made to ensure the accuracy of the information provided in this advertisement, but we cannot guarantee its completeness or correctness. Prospective buyers are encouraged to take any necessary steps to independently verify any relevant details.
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Property Details for 2 Balwyn Ct, Narre Warren

2 Balwyn Ct, Narre Warren is a 4 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with OBrien Real Estate Berwick.

Building Type
House

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About Narre Warren 3805

The size of Narre Warren is approximately 14 square kilometres. It has 52 parks covering nearly 9% of total area. The population of Narre Warren in 2011 was 25,882 people. By 2016 the population was 26,623 showing a population growth of 2.9% in the area during that time. The predominant age group in Narre Warren is 20-29 years. Households in Narre Warren are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Narre Warren work in a trades occupation. In 2011, 75.3% of the homes in Narre Warren were owner-occupied compared with 71.7% in 2016.

Narre Warren has 12,055 properties. Over the last 5 years, Houses in Narre Warren have seen a 30.05% increase in median value, while Units have seen a 35.32% increase. As at 30 September 2024:

  • The median value for Houses in Narre Warren is $768,676 while the median value for Units is $540,324.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 58 properties listed for sale, and 12 properties listed for rent in Narre warren on OnTheHouse. According to CoreLogic's data, 425 properties were sold in the past 12 months in Narre warren.

Suburb Insights for Narre Warren 3805

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Tom Lehpamer
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Sharon McMillan
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OBrien Real Estate Berwick
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.