OFF MARKET

4 Balfour Avenue
Heathmont VIC 3135

Bedrooms: 4
Bathrooms: 3
Car spaces: -
Floor area: 52m2
Land area: 1010m2
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Property Details for 4 Balfour Ave, Heathmont

4 Balfour Ave, Heathmont is a 4 bedroom, 3 bathroom House and was built in 1950. The property has a land size of 1010m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
House
Year Built
1950
Floor Size
52m2
Land Size
1010m2
Local Government
Maroondah
Lot/Plan
54/LP11701

Last Listing description (February 2017)

Developers and investors will want to explore the lucrative and sensational opportunities this fantastically placed, four-bedroom, three-bathroom dwelling situated on a rare quarter-acre (1013sqm approx.) allotment delivers.
A unique floorplan lends itself to a myriad of options, perhaps utilise as one very large house or re-develop (STCA) and reap the financial rewards.
Located conveniently close to great facilities; Great Ryrie Primary, Aquinas College, Jubilee Park and the new Aquanation Leisure Centre along with Heathmont shopping strip and train station just a short stroll away, plus easy access to the newly redeveloped Eastland Shopping Centre, EastLink, Tintern Grammar and Ringwood Secondary College plus golf courses, playgrounds, reserves and walking trails nearby.

Features of the existing large weatherboard dwelling include high ceilings and polished floorboards, two renovated well-appointed kitchens equipped with stainless-steel appliances, four generously sized bedrooms and three bathrooms plus heating and cooling, plentiful storage and built-in robes, three covered alfresco decks, four garden sheds and an abundance of off-street parking.
Accommodating for both homeowners looking for a large house to accommodate a growing family or builders/developers looking to re-develop will also want to enquire about the possibility of starting afresh and constructing a multi-unit residential complex (STCA) within this sought-after general residential zoned locale.
Inspect now to further explore the opportunities this property can offer.
Let your imagination run-free!

Property History for 4 Balfour Ave, Heathmont, VIC 3135

A timeline of how this property has performed in the market
Last Sold
$919,000
20 Feb 2016
  • 20 Feb 2016
    Sold for $919,000
  • 25 Jan 2016
    Listed for Sale Contact Agent
  • 15 Feb 1997
    Sold for $99,250

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About Heathmont 3135

The size of Heathmont is approximately 4.4 square kilometres. It has 17 parks covering nearly 9.3% of total area. The population of Heathmont in 2011 was 9,250 people. By 2016 the population was 9,684 showing a population growth of 4.7% in the area during that time. The predominant age group in Heathmont is 40-49 years. Households in Heathmont are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heathmont work in a professional occupation. In 2011, 80.7% of the homes in Heathmont were owner-occupied compared with 79.9% in 2016.

Heathmont has 4,460 properties. Over the last 5 years, Houses in Heathmont have seen a 27.76% increase in median value, while Units have seen a 23.10% increase. As at 31 July 2024:

  • The median value for Houses in Heathmont is $1,065,328 while the median value for Units is $747,106.
  • Houses have a median rent of $568 while Units have a median rent of $500.
There are currently 14 properties listed for sale, and 2 properties listed for rent in Heathmont on OnTheHouse. According to CoreLogic's data, 143 properties were sold in the past 12 months in Heathmont.

Suburb Insights for Heathmont 3135

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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.