Overview
Situated in a prestigious area of Balwyn within the sought-after Balwyn High School zone, this property offers a substantial land parcel of approximately 763 square metres and a broad frontage of 19.6 metres. The residence presents a solid foundation for those looking to renovate, build anew, or undertake a boutique redevelopment project.
This three-bedroom home combines spacious living potential with a prime location mere steps from Balwyn Village and Whitehorse Road tram access, providing convenient connectivity. The property appeals to families and developers seeking to capitalize on its location advantages, with comfortable spaces for a growing family or a rewarding investment opportunity.
- Strong site dimensions ideal for renovation or redevelopment within a high-demand educational zone.
- Existing three-bedroom configuration with a functional bathroom and parking for two cars, enhancing day-to-day functionality.
- Proximity to transport, schools, parks, and shopping centers, supporting a convenient and active lifestyle.
- Suitable for buyers looking to customize their home or redevelop in a premium suburb.
The property’s versatile attributes and prime positioning offer an outstanding opportunity to create a tailored living space or capitalise on the redevelopment potential in a flourishing community.
Local Market Insights
In Balwyn, Quiet Listings observed 18 new houses entering the market over the last 30 days, up from 15 during the previous 30-day period, with an average advertised asking price of $3,983,333. The property type mix of listed properties is predominantly Houses at 67%, followed by units (15%), and townhouses (7%). The most active agency for houses in the Balwyn area is currently Jellis Craig, representing 39% of new listings, followed by Ray White with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.