168 Whitehorse RoadBalwyn VIC 3103
Property Details for 168 Whitehorse Rd, Balwyn
168 Whitehorse Rd, Balwyn is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1988. The property has a land size of 858m2. While the property is not currently for sale or for rent, it was last sold in August 2019.
Last Listing description (June 2023)
This property is located in the heart of Blawyn and boasts the highest elevation and an impressive 20-meter frontage. In addition to offering beautiful city views, the property has already obtained permission to develop 4 townhouses, providing buyers with additional development potential and investment opportunities.
What's more enticing is that the property is only 100 meters away from the area where apartments can be developed in Blawyn, with future potential for apartment development. This is a very valuable asset as the apartment market in the Blawyn area has been consistently booming, providing buyers with endless commercial opportunities and investment returns. If you are looking for a property with a prime location and huge development potential, this property is an opportunity not to be missed.
This spacious four-bedroom home is situated on a large block of approximately 858 sqm in an unbeatable central location. The property is perfect for families and features multiple living areas, including an open-plan and light-filled dining, living, and family zone with a good-size kitchen set in the heart of the floorplan. The bedrooms are set in their own wing, with the master featuring a huge walk-in robe and an ensuite, and two additional rooms offering built-in robes.
The layout is designed around a central courtyard that allows for a true indoor-outdoor lifestyle. Additional features include a spa bath overlooking the courtyard, a large laundry with external access, a double garage, air-conditioning, and low-maintenance established gardens.
This quality family home is north-facing on the high side of the street and is only a short walk from Balwyn shopping street, Balwyn Primary School, and Fintona Girls' School. It is also a short drive or tram ride to top-rated Melbourne private schools in Kew like Camberwell Grammar School, Camberwell Girls Grammar School, Carrey Grammar School, Xavier College, Methodist Ladies College (MLC), and Trinity Grammar School. The bustling hub of Box Hill is also only a short drive away.
The property's prime location and impressive layout make it the perfect property for investors looking to leverage the Airbnb market, while owner-occupiers are also guaranteed to be impressed.
Property History for 168 Whitehorse Rd, Balwyn, VIC 3103
- 05 Jun 2023Listed for Sale Contact Agent
- 20 Aug 2019Sold for $2,300,000
- 21 Jun 2008Sold for $2,340,000
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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 7,362 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:
- The median value for Houses in Balwyn is $2,811,991 while the median value for Units is $849,310.
- Houses have a median rent of $980 while Units have a median rent of $600.
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