5 Lemon RoadBalwyn North VIC 3104
Property Details for 5 Lemon Rd, Balwyn North
5 Lemon Rd, Balwyn North is a 5 bedroom, 2 bathroom House with 1 parking spaces. The property has a land size of 1145m2. While the property is not currently for sale or for rent, it was last sold in January 2017.
Last Listing description (December 2016)
Perfectly poised for a new chapter, this comfortable 1950's brick veneer home stands on a perfectly flat rectangular block of some 1,138m2 offering boundless scope for renovation or the potential to subdivide in a prized location (STCA). Harness the original character, utilize the remarkable space and create something truly special in this coveted pocket surrounded by easy CBD access via freeway, bus/Park 'n Ride, the trails and parklands of Koonung Creek, quality schools plus all the excitement of Greythorn Village restaurants and cafes. Value add to today's sizeable 5 bedroom/2 bathroom layout comprising large lounge and galley-style kitchen or dream big on this expansive level allotment boasting north-facing rear and potential mountain views and make these dramatic dimensions the site for your new home or next exciting development project (STCA).
Property History for 5 Lemon Rd, Balwyn North, VIC 3104
- 16 Jan 2017Sold for $2,070,000
- 18 Oct 2016Listed for Sale POA
- 24 Aug 2015Listed for Rent $500 / week
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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 9,249 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.
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