OFF MARKET

63 Balwyn Road
Balwyn VIC 3103

Bedrooms: 12
Bathrooms: 6
Car spaces: 8
Land area: 2443m2
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Property Details for 63 Balwyn Rd, Balwyn

63 Balwyn Rd, Balwyn is a 12 bedroom, 6 bathroom House with 8 parking spaces. The property has a land size of 2443m2. While the property is not currently for sale or for rent, it was last sold in October 2022.

Building Type
House
Land Size
2443m2
Local Government
Boroondara
Lot/Plan
2/LP17196

Last Listing description (April 2022)

An incredibly rare opportunity, the Chorley Wood apartment block rests on a flat allotment of prime Balwyn real estate measuring 30.3m X 80.6m (approx.) with no Heritage restriction.

All six of the existing two bedroom apartments are now offered together, with a combined rental return of $80,000 per annum approx. providing a solid income while finalising future plans.

Perfectly sited, it provides an exciting range of potential redevelopment options (STCA) for your consideration.

Only metres to Fintona Girls, Balwyn Primary, shops, cafes, restaurants, services, parks and tram, walk to the train and Maling Road Village, with easy access to many more private schools.

Property History for 63 Balwyn Rd, Balwyn, VIC 3103

A timeline of how this property has performed in the market
Last Sold
$6,900,000
07 Oct 2022
  • 07 Oct 2022
    Sold for $6,900,000
  • 14 Jul 2021
    Listed for Sale $7,200,000
  • 01 Jun 2017
    Listed for Sale Not Disclosed
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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 7,371 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:

  • The median value for Houses in Balwyn is $2,811,991 while the median value for Units is $849,310.
  • Houses have a median rent of $980 while Units have a median rent of $600.
There are currently 24 properties listed for sale, and 7 properties listed for rent in Balwyn on OnTheHouse. According to CoreLogic's data, 297 properties were sold in the past 12 months in Balwyn.

Suburb Insights for Balwyn 3103

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.