SOLD
RECENT ADVICE
Sold on 04 May 2024 for $1,581,000

29 Cumberland Avenue
Balwyn North VIC 3104

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 638m2
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Property Details for 29 Cumberland Ave, Balwyn North

29 Cumberland Ave, Balwyn North is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 638m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Balwyn North in the last 12 months.

Building Type
House
Land Size
638m2
Local Government
Boroondara
Lot/Plan
71/LP16941

Last Listing description (May 2024)

Plan the next chapter of your life in this family friendly neighbourhood, where this meticulously maintained residence awaits your creative touch or a fresh start. Occupying an impressive 638 square metre (approx.) allotment, this single-level home is close to an array of local amenities, including Koonung Secondary College and Greythorn Primary School, alongside various private schools, trams, trains, and buses, Box Hill Central, Greythorn Central Shopping Strip, North Balwyn Shops, Westfield Doncaster, picturesque parks and the Eastern Freeway.

The layout caters to both comfort and function, featuring a spacious living and dining room, family/meals zone, kitchen, complete with a four-burner gas stove, wall oven, and dishwasher, three bedrooms, a main bathroom with both a shower and bath, an additional bathroom with a shower and toilet, and a laundry with an adjacent second toilet. Ducted heating, refrigerated cooling, a gas heater in the lounge, a big rear garden offering a canvas for imagination, and a double garage with remote entry are further highlights.

While this home stands ready for a modern makeover to bring it up to date, it also presents a tantalising prospect for those with a developer’s eye. Imagine constructing a custom contemporary residence or a series of luxury townhouses that align with your vision of upscale living (subject to council approval), making a statement in this quiet enclave. There is also the flexibility of letting it out while orchestrating plans and permits for development, ensuring a continuous return on investment during the transition period. The potential here is as boundless as your imagination. Whether you choose to refresh, rebuild, or rent, this property is a gateway to a flourishing future.

If you are unable to attend the auction but wish to bid on this fantastic property, please follow the link to register to bid online - https://anywhereauctions.com.au/app/property?propertyId=41726

Noel Jones Real Estate has taken every precaution to ensure the information contained herein is true and accurate, however accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies, or misstatements that may occur. Prospective purchasers should make their own enquiries to verify the information contained herein.

Property History for 29 Cumberland Ave, Balwyn North, VIC 3104

A timeline of how this property has performed in the market
Last Sold
$1,581,000
04 May 2024
  • 04 May 2024
    Sold for $1,581,000
  • 08 Apr 2024
    Listed for Sale AUCTION This Sat 3:00pm

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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 9,256 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.
There are currently 24 properties listed for sale, and 11 properties listed for rent in Balwyn north on OnTheHouse. According to CoreLogic's data, 375 properties were sold in the past 12 months in Balwyn north.

Suburb Insights for Balwyn North 3104

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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.