8 Grosvenor Pde, Balwyn is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 732m2 and floor size of 134m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
A north-facing 731 sqm (approx.) allotment in a quiet and highly sought after location within the enviable Balwyn High School zone. This property, with dual street frontages and crossovers, offers exciting possibilities for those who desire to live in one of Melbourne's leafiest eastern suburbs.
Families who desire to live in the coveted school zone will love transforming the allotment into their dream luxurious residence, or the land could be subdivided and developed into deluxe townhomes (STCA). The dwelling is very liveable as you await plans and permits to be approved.
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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