OFF MARKET

5 Prose Street
Balwyn North VIC 3104

Bedrooms: 5
Bathrooms: 5
Car spaces: 1
Floor area: 380m2
Land area: 658m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

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.

Building Type
House
Year Built
2023
Floor Size
380m2
Land Size
658m2
Local Government
Boroondara
Lot/Plan
43/LP13584

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

A timeline of how this property has performed in the market
Last Sold
$1,760,000
11 May 2021
  • 11 May 2021
    Sold for $1,760,000
  • 07 Jan 2020
    Sold for $1,500,000
  • 10 Sep 2019
    Listed for Sale AUCTION this Sat 11am

Commute Calculator

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 9,256 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, 375 properties were sold in the past 12 months in Balwyn north.

Suburb Insights for Balwyn North 3104

Market Insights
Balwyn North Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Balwyn North Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.