50 Bolinda RoadBalwyn North VIC 3104
Property Details for 50 Bolinda Rd, Balwyn North
Last Listing description (November 2022)
Offered for sale for the first time in 65 years, this charming three bedroom residence on an enticing 993m2 (approx.) allotment presents a treasure trove of potential, ready and waiting for its next chapter. Ripe for renovation, restoration, or redevelopment (STCA), families and investors will delight in this rare and exciting opportunity in popular inner suburban address with its rich cultural history, vibrant eateries and cinemas, and just 12 kms from the CBD. Retaining so much period charm from the era, current accommodation comprises three bedrooms, one bathroom and two car spaces plus a cottage-style kitchen/meals area and separate living room.
Located in a quiet, cul-de-sac enclave and surrounded by Koonung Creek parklands, new owners will enjoy proximity to Balwyn Road shopping strip, cafes, freeways, city-bound transport and popular schools (zoned to Balwyn High School). Family home buyers, investors and developers with creative vision and renovation smarts will be quick to recognise this rare opportunity. Whatever your plans may be, bring them to life on this exciting parcel of land and reap the future rewards!
Property History for 50 Bolinda Rd, Balwyn North, VIC 3104
- 23 Apr 2024Sold for $1,550,000
- 18 Nov 2022Sold for $1,950,000
- 27 Oct 2022Listed for Sale Auction $1,880,000 - $2,060,000
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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 22.69% increase in median value, while Units have seen a 15.02% increase. As at 31 August 2024:
- The median value for Houses in Balwyn North is $2,200,738 while the median value for Units is $1,163,151.
- Houses have a median rent of $820 while Units have a median rent of $750.
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