116 Balwyn Rd, Balwyn is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 656m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
You will be utterly impressed by this classic timber home on 657 sqm (approx.) block in prime location.
With a Northerly frontage, consider your redevelopment options (STCA) in the highly-coveted Balwyn High School zone. The current home consists of 3 bedrooms, living room, separate dining room. Fantastic backyard, great for a game of cricket. Timber floorboards some Art Deco flare throughout, there is also a remote-control, tandem garage.
Conveniently located close to cafs, shops, restaurants, 109 tram and some of Melbourne's best schools.
Potential for a multi-development site or build your dream home (STCA) in the most sought after location.
Here is your VERY rare opportunity to acquire this marvelous slice of Balwyn!
Statement of Information: https://s3-ap-southeast-2.amazonaws.com/documents.renet.cloud/coffsagents/10037185/21152451/Statement-of-Information-116-BALWYN-ROAD-BALWYN-VIC-3103-82c6dd16-1e13-4fba-b4bb-20b225428b55.pdf
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 7,369 properties. Over the last 5 years, Houses in Balwyn have seen a 18.65% increase in median value, while Units have seen a 9.67% increase. As at 31 October 2024:
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