481 Whitehorse RoadBalwyn VIC 3103
Property Details for 481 Whitehorse Rd, Balwyn
481 Whitehorse Rd, Balwyn is a 4 bedroom, 4 bathroom House. The property has a land size of 843m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Balwyn in the last 12 months.
Last Listing description (August 2024)
Marshall White & Fitzroys are delighted to offer 481 Whitehorse Road, Balwyn for sale via Public Auction on Thursday 29th August at 11am on-site
Features of this outstanding corner site include:
- High-profile corner site of 843sqm approx.
- Combined 56m approx. frontage to Whitehorse Road & Brenbeal Street
- Potential to re develop this prime corner site for apartments/commercial (STCA)
- Leased to long standing tenant 'Advara HeartCare' until Dec 2026
- Returning $160,800 + GST
- Well-presented medical building of 232sqm approx. featuring 4 practice rooms, reception, office and staff amenities
- On-site parking for 12 vehicles
- Premium corner gateway site in Balwyn's coveted Whitehorse road lifestyle precinct
- Positioned midway between the desirable Balwyn and Union Road shopping strips, cafes and restaurants; close to an array of Melbourne's finest private schools and just moments from Balwyn or Chatham Primary schools and parklands
- Balwyn High School Zoning
- 109 Tram on the doorstep, taking you to Melbourne CBD / Box Hill CBD
- Flexible lease arrangement provides ability to invest, occupy or redevelop in the near future
- General Residential Zoning (GRZ4)
Conjunctional Agent | Chris James | Fitzroys | 0421 779 714
Property History for 481 Whitehorse Rd, Balwyn, VIC 3103
- 29 Aug 2024Sold
- 26 Jul 2024Listed for Sale $2,700,000 - $2,900,000
- 30 Jan 2006Sold for $1,050,000
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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 7,401 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:
- 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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