338 Union Rd, Balwyn is a 4 bedroom, 2 bathroom House. The property has a land size of 1401m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 4 bedroom House sold in Balwyn in the last 12 months.
This elevated and large block of 1401sqm makes the most of its easterly aspect presenting an exciting opportunity to revive the classical solid brick home, or a unique blank canvas on which to create a home entirely suited to your needs (STCA). The generous size of the block also provides impressive scope for a multi-dwelling redevelopment (STCA) with a stunning 35m frontage. This property presents exceptional family appeal in a prestigious pocket of Balwyn close to Whitehorse Road, Balwyn Village, Mont Albert and Surrey Hills train stations, not to mention many top public and private schools.
Outside, the garden features many established trees, creating an urban oasis and veil of privacy. Entering the house, a gracious foyer welcomes and leads to a grand formal living room with an open fireplace and views to the Dandenongs. A kitchen is centrally located, with a formal dining room connected to a light filled sunroom that opens onto the rear terrace which is surrounded by a cottage garden. A bedroom is well positioned with large windows providing a leafy outlook. A laundry and bathroom are situated at the rear of the home.
The sweeping staircase leads to the first floor, where three generous bedrooms are flooded with natural light and again capture views to the east. A family bathroom is in easy reach. At the rear of the home, the beautifully established garden wraps around the house and provides an abundance of outdoor rooms in which to enjoy the shady canopy.
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 7,401 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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