2 Marong Gr, Balwyn is a 4 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1207m2. While the property is not currently for sale or for rent, it was last sold in June 2019.
Standing proud, in a quiet pocket of Balwyn and on approx. 1211 m2 of level land, this unique property provides a brilliant opportunity and exciting future for Investors and Developers alike. With the potential for development, further extension or rebuild (all Subject To Council Approval), this comfortable home consists of 3/ 4 bedrooms plus 1 study, good size kitchen, formal living, dining room, a large bathroom and 2 toilets.
Conveniently positioned approx. 100m from Whitehorse Road 109 Tram, close to Maranoa Gardens, Union Road cafes, train and only minutes to Balwyn Shopping Centre and Box Hill Central, this land banking opportunity is waiting for you! Call Clive Chan (Balwyn) 0449 181 969 for further information.
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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