16 Grosvenor Pde, Balwyn is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 576m2. While the property is not currently for sale or for rent, it was last sold in September 2018.
Set on a prime allotment with dual access to Marion Avenue at the rear - this timber family home is enviably located in the coveted Balwyn High zone; conveniently positioned moments from Whitehorse Road shopping, cafes and restaurants plus the Balwyn Cinema and Deepdene. Also an array of popular parklands including the Outer Circle trails and public transport options - all of which add to the lifestyle benefits for local families to enjoy.
Offering an enticing opportunity to redevelop in one of Melbourne's most popular and keenly sought-after residential precincts; with the potential to build a luxurious new family residence, front and rear townhouses or renovate the current home whilst adding a second dwelling at the rear - all STCA. The home in very comfortable condition comprises formal and informal living and dining areas with a modern kitchen and north-west facing alfresco deck overlooking a deep garden; plus three zoned bedrooms, a central family bathroom and rear bathroom/laundry. Other features include ducted heating and evaporative cooling, a 2,000ltr water tank, garden storage shed and remote double carport.
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:
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