40a Severn St, Balwyn North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1967. The property has a land size of 165m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in May 2011.
This unexpectedly spacious rear one of 2 residences will offer a series of pleasant surprises for potential purchasers. Large formal living room with adjacent study, separate dining room and a kitchen/family/meals area with exceptional storage capacity are features that will appeal. A sizeable garden and large wrap-around deck provide a sunny setting for alfresco living and entertaining.
Schools, city bus and tram, parklands and sporting reserves are within easy walking distance. Also the shops and cafes of North Balwyn Village. The Eastern Freeway offers direct access to the CBD.
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 9,250 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:
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