OFF MARKET

116 Balwyn Road
Balwyn VIC 3103

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 99m2
Land area: 656m2
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Property Details for 116 Balwyn Rd, Balwyn

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.

Building Type
House
Year Built
1950
Floor Size
99m2
Land Size
656m2
Local Government
Boroondara
Lot/Plan
1/TP614603

Last Listing description (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

Property History for 116 Balwyn Rd, Balwyn, VIC 3103

A timeline of how this property has performed in the market
Last Sold
$2,260,000
01 Jul 2023
Listed for Rent
29 Sep 2020
  • 01 Jul 2023
    Sold for $2,260,000
  • 30 Mar 2023
    Listed for Sale $2,280,000
  • 06 May 2020
    Listed for Rent $450 / week
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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.

Suburb Insights for Balwyn 3103

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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.