1/5 Tonkin Ave, Balwyn is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1999. The property has a land size of 344m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Elevated and flooded with natural light, this charming town residence occupies a preferred front facing position as one of only two on a leafy streetscape within the esteemed Balwyn High School Zone. Exceptional connectivity places this home moments from local parks, Boroondara Sports Complex, Belmore Road buses, cafes, restaurants and shops and host of schooling opportunities. Treelined exteriors provide garden outlooks from all angles, whilst timber floors and high ceilings introduce a versatile floorplan showcasing a spacious open plan living and dining domain bathed in northerly light. A sizeable kitchen looks out over an expansive alfresco entertaining terrace, featuring stone bench tops, stainless steel appliances and ample storage, with scope to update. Three bedrooms comprise built in robes, main with walk in robe, ensuite and a beautiful bay window, serviced by a central bathroom with spa bath and separate powder room. Additional features include a laundry, lower level garden, ducted heating, ducted evaporative air conditioning and double garage. Relish this rare opportunity to secure effortless lifestyle convenience, security and the opportunity to renovate/add value in an elite position.
The size of Balwyn is approximately 4.4 square kilometres. It has 19 parks covering nearly 5.0% of total area. The population of Balwyn in 2016 was 13312 people. By 2021 the population was 13495 showing a population growth of 1.4% in the area during that time. The predominant age group in Balwyn is 10-19 years. Households in Balwyn are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balwyn work in a professional occupation.In 2021, 69.30% of the homes in Balwyn were owner-occupied compared with 71.20% in 2016.
Balwyn has 7,482 properties. Over the last 5 years, Houses in Balwyn have seen a 19.50% increase in median value, while Units have seen a 6.48% increase. As at 31 December 2025:
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