239 Whitehorse RoadBalwyn VIC 3103
Property Details for 239 Whitehorse Rd, Balwyn
Last Listing description (May 2024)
This two-level freehold offers enormous flexibility to either occupy, develop, sub-divide or lease with ROW at rear
Key features of the property comprise:
* Huge development upside - vacant possession
* Building area: 201m2 approximately
* Vacant possession
* Commercial 1 zoning
Located along from the renowned Balwyn Cinema with outstanding exposure to Whitehorse Road and easy access to Melbourne CBD with bus and tram on the doorstep.
Property History for 239 Whitehorse Rd, Balwyn, VIC 3103
- 01 Mar 2024Sold for $1,551,000
- 06 Feb 2024Listed for Sale $1,300,000 - $1,430,000
- 10 May 2014Listed for Rent - Price not available
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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.
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