119 Winmalee RoadBalwyn VIC 3103
Property Details for 119 Winmalee Rd, Balwyn
119 Winmalee Rd, Balwyn is a 1 bedroom, 1 bathroom House and was built in 2024. The property has a land size of 733m2 and floor size of 538m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 1 bedroom House sold in Balwyn in the last 12 months.
Last Listing description (October 2024)
Unlock the potential of this premium vacant land located in one of Balwyn's most prestigious streets. Situated within the sought-after Balwyn High School zone, this exceptional property offers a unique opportunity to create your dream home or a lucrative investment.
Previously hosting a charming residence, the land is now ready for new beginnings with plans and permits for a stunning single house already secured. Spanning a generous 733 sqm (approx.) with a desirable north-facing backyard, the possibilities for this blank canvas are vast.
Imagine building your dream home in this prime location, surrounded by the best neighbourhood on the street, where luxury residences abound, and the potential for views towards Melbourne CBD and the Western ranges enhances the appeal. Developers will also find significant investment potential in this blue-chip area.
Conveniently positioned close to Beckett Park, Maranoa Gardens, Greythorn Primary, Boroondara Sports Complex, and the 109 tram, which offers easy access to Box Hill, TAFE, hospitals, elite private schools, and the city. Enjoy the vibrant lifestyle Balwyn Village has to offer with its array of shops, cafes, and mouth-watering eateries.
This is your chance to secure a prime piece of Balwyn real estate with endless possibilities. Contact us today to explore this exceptional opportunity further.
Property History for 119 Winmalee Rd, Balwyn, VIC 3103
- 20 Sep 2024Sold for $2,740,000
- 19 Jul 2024Listed for Sale Not Disclosed
- 02 Sep 2021Sold for $2,600,000
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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 7,412 properties. Over the last 5 years, Houses in Balwyn have seen a 15.36% increase in median value, while Units have seen a 1.03% increase. As at 30 November 2024:
- The median value for Houses in Balwyn is $2,783,212 while the median value for Units is $831,315.
- Houses have a median rent of $995 while Units have a median rent of $612.
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