16 Ferdinand AvenueBalwyn North VIC 3104
Property Details for 16 Ferdinand Ave, Balwyn North
16 Ferdinand Ave, Balwyn North is a 8 bedroom, 3 bathroom House with 4 parking spaces and was built in 1955. The property has a land size of 981m2 and floor size of 255m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 8 bedroom House sold in Balwyn North in the last 12 months.
Last Listing description (September 2024)
Buy one or buy both. It is not often that adjacent homes come up for sale concurrently, but when they do, the potential opportunities escalate significantly. Both homes have been renovated and are in excellently maintained condition, each sitting on a 981 sq m (approx.) allotment.
Live in one and rent the other, rent both and count the rental income. Build two superb prestige residences and sell one or both. Live in one and keep the family close, live next door to your grandchildren. Consolidate the titles and build a modern mansion complete with swimming pool and tennis court. The choice is yours. All options STCA.
For further details see the separate listings for 14 Ferdinand Avenue and 16 Ferdinand Avenue. Auction for 14 Ferdiand at 10am & Auction for 16 Ferdiand at 10.30am.
Zoned for Balwyn High School and Boroondara Primary School. Within walking distance of Greythorn Park, Greythorn shops, supermarket and eateries, plus local bus on Greythorn Road and city bus via Kew Junction and private schools. Minutes from North Balwyn Village, city tram, Park & Ride, Eastern Freeway and Westfield Doncaster.
* Two adjacent homes in the Balwyn High Zone
* Renovated and in well maintained condition
* Each allotment 981 sq m (approx.)
* Retain the homes or rent
* Live in one and build a new home next door (STCA)
* Build a new luxury residence on each allotment (STCA)
Terms: 10% deposit, balance 30/60/90 days
Property History for 16 Ferdinand Ave, Balwyn North, VIC 3104
- 21 Sep 2024Sold
- 28 Aug 2024Listed for Sale $2,700,000 - $2,850,000
- 11 Dec 2018Listed for Rent $875 / week
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About Balwyn North 3104
The size of Balwyn North is approximately 9.1 square kilometres. It has 20 parks covering nearly 15.7% of total area. The population of Balwyn North in 2011 was 20,315 people. By 2016 the population was 20,414 showing a population growth of 0.5% in the area during that time. The predominant age group in Balwyn North is 10-19 years. Households in Balwyn North are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balwyn North work in a professional occupation. In 2011, 80.6% of the homes in Balwyn North were owner-occupied compared with 78.4% in 2016.
Balwyn North has 9,248 properties. Over the last 5 years, Houses in Balwyn North have seen a 15.57% increase in median value, while Units have seen a 6.95% increase. As at 31 October 2024:
- The median value for Houses in Balwyn North is $2,194,507 while the median value for Units is $1,166,528.
- Houses have a median rent of $835 while Units have a median rent of $725.
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