38 Tower Rd, Balwyn North is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 640m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Presenting a rare opportunity to secure an elevated corner allotment of 638sqm (approx.) in the highly sought-after zone for Balwyn High School, this freestanding, three bedroom brick residence is comfortably livable or leasable so you can take your time finalizing your plans. North-facing and with sweeping views, this is a brilliant chance to design a multi-level, multi-dwelling development or to craft your own luxurious family sanctuary (STCA).
Brimming with natural light and well elevated with polished hardwood underfoot, the home reveals a gas-heated lounge and dining, all semi-attached to a kitchen / meals, while a separate rumpus room caters wonderfully to family requirements. Added highlights include a main bedroom with ensuite, a central bathroom with separate wc and a large laundry, as well as the rare privilege of parking for three vehicles in a lockable carport and double garage.
Enjoy the fruits of this wonderful family-friendly pocket within walking distance of Balwyn High School, North Balwyn Primary School, Macleay Park, High Street cafes, shops and city-bound trams, while the Whitehorse Road shopping strip is also just moments away. It is also easily connecting to Camberwell, Doncaster and Box Hill.
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 9,272 properties. Over the last 5 years, Houses in Balwyn North have seen a 16.48% increase in median value, while Units have seen a 11.61% increase. As at 30 September 2024:
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