30 Mcilwraith Ave, Balmoral is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 594m2. While the property is not currently for sale or for rent, it was last sold in February 2018.
Located high on the prestigious and tightly held Balmoral Hill, this post-war home has multiple options for the astute buyer, investor or developer.
Occupying a large 594m2 allotment, the three bedroom original property is approved for removal and is ready for you to create your dream home. There is also DA approval for two townhouses, making this a rare purchasing opportunity for developers. Alternatively, you can secure now and land bank for the future.
Surrounded by multi-million dollar homes, this is a great opportunity for positional buyers wanting to take advantage of the elevated aspect.
The size of Balmoral is approximately 1.3 square kilometres. It has 6 parks covering nearly 4.6% of total area. The population of Balmoral in 2011 was 3,827 people. By 2016 the population was 3,900 showing a population growth of 1.9% in the area during that time. The predominant age group in Balmoral is 40-49 years. Households in Balmoral are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Balmoral work in a professional occupation. In 2011, 60.3% of the homes in Balmoral were owner-occupied compared with 61.3% in 2016.
Balmoral has 1,974 properties. Over the last 5 years, Houses in Balmoral have seen a 79.81% increase in median value, while Units have seen a 69.01% increase. As at 31 October 2024:
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