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5 Cumberland Avenue
Balwyn North VIC 3104

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 752m2
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Property Details for 5 Cumberland Ave, Balwyn North

5 Cumberland Ave, Balwyn North is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 752m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Balwyn North in the last 12 months.

Building Type
House
Land Size
752m2

Last Listing description (August 2024)

An exceptional opportunity awaits the discerning buyer seeking to capitalize on this remarkable property in one of Balwyn North's most desirable streets. Nestled on approximately 752 sqm of prime land, this property boasts a generous 21 metre plus frontage and a north-facing rear with nearly uninterrupted views of the Kinglake Ranges.

This elegant weatherboard home, lovingly maintained by its current owners. Perfect for a family ready to move in and enjoy, the property also offers potential for renovation, extension, or the creation of a brand-new dream home (STCA).

The home features polished Tasmanian Oak floorboards, slate flooring, an updated kitchen, four spacious bedrooms, two bathrooms, a master with an ensuite, a covered deck ideal for entertaining, and a double tandem garage.

Ideally located within the Koonung High School zone, it is just a short walk to Greythorn Primary School, the Belmore Road and Doncaster Road bus routes, Balwyn shops, and much more. Plans and permits also available for two side by side large townhouses.

Property History for 5 Cumberland Ave, Balwyn North, VIC 3104

A timeline of how this property has performed in the market
Last Sold
15 Aug 2024
Listed for Rent
$730/w
13 Nov 2017
  • 11 Aug 2024
    Sold for $2,050,000
  • 05 Aug 2024
    Listed for Sale $1,800,000 - $1,980,000
  • 20 Aug 2021
    Listed for Sale 2200000
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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 9,250 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:

  • The median value for Houses in Balwyn North is $2,194,507 while the median value for Units is $1,166,528.
  • Houses have a median rent of $835 while Units have a median rent of $725.
There are currently 24 properties listed for sale, and 11 properties listed for rent in Balwyn north on OnTheHouse. According to CoreLogic's data, 373 properties were sold in the past 12 months in Balwyn north.

Suburb Insights for Balwyn North 3104

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Tony Chen
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Helen Yan
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Ray White Balwyn
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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.