7 Cremorne St, Balwyn is a 4 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 760m2 and floor size of 184m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Balwyn in the last 12 months.
Situated in a quiet pocket of Balwyn near Whitehorse Road, this two storey brick family home on a generous allotment of 760sqm approx. offers a range of options; either design and build a luxurious new family residence with the inclusion of a pool if desired, build new townhouses on the site with dual access from Cremorne and Edmond Streets. Or alternatively renovate and extend the existing home, (STCA). With either option promising excellent capital gains prospects in an area undergoing renewal in the prized Balwyn High zone, one of Melbourne's most sought-after residential precincts.
The existing brick family home has a flexible interior offering family warmth from another time comprising a tiled entrance hall, study, formal sitting room, spacious north-facing living room, four zoned bedrooms, downstairs main with a large WIR, ensuite and a family bathroom, plus three generous upstairs bedrooms with built-in robes alongside a study area. A modern kitchen/meals equipped with quality appliances plus an adjacent laundry opens to the rear leafy garden offering plenty of space to extend further if desired. Buyers should note it presents in excellent order throughout and could be comfortably occupied or leased while a decision on its future is made. Other features include stained woodwork, ducted heating, wall air conditioner, R/C air conditioner, overhead fans, garden shed and a carport plus off-street parking.
Quietly located in a tree-lined street, the site is conveniently positioned moments from Whitehorse Road shopping, cafes and restaurants plus the Balwyn Cinema and Deepdene. With easy access to numerous other private and public schools. Also an array of popular parklands including the Outer Circle trails and public transport options - all of which add to the lifestyle benefits for local families to enjoy.
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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