OFF MARKET

38 Tower Road
Balwyn North VIC 3104

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 155m2
Land area: 640m2
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Property Details for 38 Tower Rd, Balwyn North

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.

Building Type
House
Year Built
1970
Floor Size
155m2
Land Size
640m2
Local Government
Boroondara
Lot/Plan
43/LP8774

Last Listing description (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.

Property History for 38 Tower Rd, Balwyn North, VIC 3104

A timeline of how this property has performed in the market
Last Sold
$2,400,000
23 Jul 2023
Listed for Rent
10 Dec 2020
  • 23 Jul 2023
    Sold for $2,400,000
  • 28 Jun 2023
    Listed for Sale Auction Saturday 22nd July at 11.30am
  • 02 Apr 2022
    Sold for $2,418,000
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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 9,272 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:

  • The median value for Houses in Balwyn North is $2,179,397 while the median value for Units is $1,197,238.
  • Houses have a median rent of $830 while Units have a median rent of $750.
There are currently 27 properties listed for sale, and 15 properties listed for rent in Balwyn north on OnTheHouse. According to CoreLogic's data, 376 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.