460 Balwyn RoadBalwyn North VIC 3104
Property Details for 460 Balwyn Rd, Balwyn North
Last Listing description (October 2023)
The position is perfect and the potential paramount. This 613 sq m (approx.) cleared allotment presents a blank canvas ready for potential purchasers to realise their dream of a luxury family lifestyle in the Balwyn High School Zone. In an elevated setting, with the scope to capture sweeping treetop views from the upper level of a new home, it is easy to visualise a contemporary modern or classically elegant prestige residence in situ (STCA).
The allotment is adjacent to the magnificent home at number 462 Balwyn Road which is also on the market. The opportunity to combine both and create an expansive estate with swimming pool or tennis court, cannot be overlooked (STCA).
Just a few blocks from the quiet end of Balwyn Road, a leisurely stroll to the vast expanse of Koonung Creek Reserve and the Koonung Trail, close to the Eastern Freeway, Belleview shops and eateries, and Belle Vue and Boroondara Park Primary Schools. The local bus at the front door runs to Camberwell Station, with city bus and tram and North Balwyn Village a few minutes' drive away.
* 613 sq m allotment (approx.)
* Cleared elevated block
* Premier prestige home site (STCA)
* In the Balwyn High School Zone
Terms: 10% deposit, balance 30/60 days
Property History for 460 Balwyn Rd, Balwyn North, VIC 3104
- 07 Oct 2023Sold for $1,750,000
- 29 Sep 2023Listed for Sale $1,550,000 - $1,650,000
- 13 Feb 2002Transferred
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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.
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