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6 Tower Road, Balwyn North VIC 3104

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$1.75M - $2M Medium Confidence Calculated based on our search observations.

House 3 Beds 1 Bath 2 Cars 702 m²

Listed: 21 hours ago

Overview

Situated in a rapidly evolving neighbourhood where contemporary homes are reshaping the streetscape, this single-level corner residence offers a substantial 702sqm of land with dual street frontages on Tower Road and Morris Street. This unique positioning provides exceptional potential for customization, enabling the creation of a spacious family sanctuary with scenic views in multiple directions or the development of multiple dwellings with separate access (subject to council approval).

The existing home carries a distinctive character of its own, boasting lofty three-metre-high ceilings and generously sized rooms that retain elements of original charm. The interior unfolds in a fluid layout, featuring a welcoming porch entrance, a comfortable living area anchored by a gas heater, a dining space, and a kitchen adorned with timber-look cabinetry. Adding to the home's functionality are a rear sunroom, three bedrooms, a central bathroom, a walk-in laundry, and a separate toilet, all efficiently heated by ducted heating. Although a comprehensive renovation could revive the residence's former allure, the property arguably lends itself more suitably to a modern rebuild tailored to contemporary tastes and lifestyle demands.

The grounds are thoughtfully landscaped with meandering paths through established lawns and mature trees, complemented by practical additions such as a clothesline and garden shed at the rear. Parking is accommodated securely behind double gates with a garage and adjoining carport, offering sheltered spaces for two vehicles.

Families will appreciate the property's zoning for the sought-after Balwyn High School and Balwyn North Primary School, both within comfortable walking distance, simplifying daily school runs. The residence is also perfectly placed between Hislop Park and Macleay Park, ideal for outdoor recreation. Nearby village centres at North Balwyn and Greythorn provide a selection of cafes and shops, while public transport options such as the route 48 tram offer direct links to Kew and the Melbourne CBD. For broader accessibility, Westfield Doncaster and the Eastern Freeway are just minutes away, enhancing connectivity for commuters and shoppers alike.

Local Market Insights

In Balwyn North, Quiet Listings observed 35 new houses entering the market over the last 30 days, up from 26 during the previous 30-day period, with an average advertised asking price of $2,643,143. The property type mix of listed properties is predominantly Houses at 80%, followed by townhouses (11%), and units (5%). The most active agency for houses in the Balwyn North area is currently Fletcher's Real Estate Wollongong, representing 31% of new listings, followed by Jellis Craig with 11%. 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.