43a Narrak Rd, Balwyn is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 645m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Enjoying a choice location amidst multi-million dollar residences, this very comfortably liveable c1970 family home comprises spacious living and adjoining dining rooms, bright kitchen with adjacent family room opening to northerly patio, main bedroom with ensuite, two further double bedrooms, family bathroom, double garage, large workshop and cellar. Oriented to capture the northern sun, all of the main rooms are bathed in abundant natural light. Zoned for Balwyn High School and situated just 500m from Whitehorse Road tram, accessing a host of other fine schools, Balwyn shops, Box Hill Central and the CBD, the property is also conveniently close to the Eastern Freeway.
Alternatively, the 636sqm (approx.) site would ideally suit the construction of a new luxury home with basement parking and the potential for panoramic views toward the northern ranges and Mount Macedon.
Land: 15.2m x 41.8m (approx.)
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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