5 Prose StreetBalwyn North VIC 3104
Property Details for 5 Prose St, Balwyn North
5 Prose St, Balwyn North is a 5 bedroom, 5 bathroom House with 1 parking spaces and was built in 2023. The property has a land size of 658m2 and floor size of 380m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (October 2019)
Situated in the highly acclaimed Balwyn High School zone, adjacent to parkland that connects with the Koonung Creek Reserve, this single level brick home in original condition boasting a north facing rear aspect, presents an exciting opportunity for the astute purchaser with options to renovate and extend the existing footprint, build a brand new luxury home, or re-develop (STCA). Take advantage of this unique opportunity and rent out for great rental rewards while you consider your future plans.
The current floorplan comprises an entry hall leading to an L shape living and dining room, original kitchen with an upright gas cooker and a small meals area, adjoining laundry, 2 double bedrooms and a central bathroom with separate WC. Extras include: split system, ducted heating, linen press, storage cupboard, under house storage, garden shed and a single car garage.
Within close proximity to Boroondara Park Primary School, Belle Vue Primary School, Balwyn High School, Koonung Creek walk/bike trail, Bellevue Shopping Centre, Westfield Doncaster, Park + Ride, Heide Museum of Modern Art, Hays Paddock, golf courses, public transport and the M3.
Property History for 5 Prose St, Balwyn North, VIC 3104
- 11 May 2021Sold for $1,760,000
- 07 Jan 2020Sold for $1,500,000
- 10 Sep 2019Listed for Sale AUCTION this Sat 11am
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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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