SOLD
Sold on 03 Nov 2023 for $5,505,000

42 Tower Road
Balwyn North VIC 3104

Bedrooms: 3
Bathrooms: 5
Car spaces: 2
Floor area: 138m2
Land area: 675m2
Sold By
Bruce Li
Kay & Burton Boroondara
Lynda Gao
Kay & Burton Boroondara
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Property Details for 42 Tower Rd, Balwyn North

42 Tower Rd, Balwyn North is a 3 bedroom, 5 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 675m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Balwyn North in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
138m2
Land Size
675m2
Local Government
Boroondara
Lot/Plan
2/LP46320

Last Listing description (January 2024)

A masterpiece of modern design and luxury in the highly-coveted Balwyn High School zone with approx. 17m frontage; this magnificent new family domain is a custom-crafted showcase of unrivalled quality amidst low-maintenance gardens in a quiet street surrounded by expanses of parkland. Just completed to the absolute highest standards, an outstanding French-inspired profile reflects the lavish level of contemporary excellence that's infused throughout an extensive five bedroom, 5.5 bathroom and study interior.

Solid oak doors to a wide entrance hallway creates an inviting sense of grandeur with the ground-floor layout introduced by a guest's bedroom (walk-in robe, ensuite), formal sitting room with a centerpiece Heatnglo gas fireplace, powder room and an executive study. Double-doors open to a substantial rear family zone with living and dining areas flowing to a state-of-the-art chef's kitchen boasting solid marble benchtops, a suite of Miele appliances, abundant storage and a butler's pantry.

Under a covered alfresco terrace in a secure rear garden setting, entertain family and friends in complete privacy amidst level low-upkeep lawn, while a huge top-floor parents' retreat with its deluxe dressing room and stunning ensuite including a freestanding stone bath also savours the outdoors with a balcony featuring northerly views. Further upstairs is a lounge/study with kitchenette (Vintec wine fridge, sink) and three large children's bedrooms each featuring walk-in robes and ensuites.

Additional attributes include a full-size laundry, zoned ducted heating/cooling, double-glazing, solid oak parquetry flooring, alarm system, CCTV surveillance, video intercom, Villeroy & Boch bathroom ware, 2-pak cabinetry and doors, LED lighting, abundant storage including under-stairs plus rainwater tank, automatic front gates and remote-control internal double garage.

Brand-new and beautifully styled for a first-class family lifestyle, this illustrious double-storey residence stands in a highly-prized position only a short, safe stroll directly to Balwyn High and Balwyn North Primary schools plus a green-belt of open parklands, Boroondara Sports Complex and local shops while just moments away are private schools, Whitehorse Road shopping, trams, Westfield Doncaster, Box Hill Central and the Eastern freeway.

Property History for 42 Tower Rd, Balwyn North, VIC 3104

A timeline of how this property has performed in the market
Last Sold
$5,505,000
03 Nov 2023
  • 03 Nov 2023
    Sold for $5,505,000
  • 24 Oct 2023
    Listed for Sale Under Contract
  • 16 Sep 2017
    Sold for $2,270,000
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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 25.35% increase in median value, while Units have seen a 9.24% increase. As at 31 July 2024:

  • The median value for Houses in Balwyn North is $2,167,217 while the median value for Units is $1,099,568.
  • Houses have a median rent of $800 while Units have a median rent of $750.
There are currently 26 properties listed for sale, and 14 properties listed for rent in Balwyn north on OnTheHouse. According to CoreLogic's data, 378 properties were sold in the past 12 months in Balwyn north.

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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.