2/16 King StreetBalwyn VIC 3103
Property Details for 2/16 King St, Balwyn
2/16 King St, Balwyn is a 4 bedroom, 2 bathroom Townhouse with 4 parking spaces and was built in 1980. The property has a land size of 580m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Last Listing description (March 2023)
This two-storey brick family home c1980 privately positioned at the rear of the block, offering a quiet and secure lifestyle position embracing parklands behind it. The property also offers future options capitalising on its position; either redeveloping the existing home for the construction of a luxurious new residence. Or alternatively renovators with imagination and vision could use the existing dwelling to reconfigure and update the interior in keeping with today's trends and family lifestyles. Either option will provide excellent capital gains prospects in one of Melbourne's most sought-after residential areas (all options STCA).
With styling reminiscent of the early 1980s the spacious interior has been repainted and fitted with new carpets leaving the suggested updating to finish renovations. The flexible accommodation on the lower levels features a versatile informal living area which could be used as a home office, two bedrooms, a lounge or a bedroom, powder room and recreation or games room with glass walls opening to the northern garden. The upper level overlooks the parklands with leafy vistas of tree canopy and is currently configured to include two bedrooms (with scope for additional bedrooms), including large main with dressing room or retreat and an ensuite, a family bathroom and period-style kitchen/meals flowing to a generous living and dining room plus a large northern balcony. Other features include air conditioner (main bedroom), gas heater (downstairs living), ducted heating (upstairs), overhead fans, storerooms, scope to upgrade garden, gated direct rear access to the Parklands and off-street parking for up to 4 cars.
The property is enhanced by a convenient location moments from Whitehorse/Burke Road transport options, Deepdene Primary and Village shops, cafes, restaurants and the Balwyn Cinema; plus easy access to some of Melbourne's finest schools, including Deepdene Primary and Kew High zoning, plus several nearby parks or the Outer Circle trails for recreation.
Property History for 2/16 King St, Balwyn, VIC 3103
- 21 Feb 2023Listed for Sale Contact Agent
- 12 Dec 2022Sold for $1,300,000
- 17 Nov 2021Transferred
Recent sales nearby
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About Balwyn 3103
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 7,490 properties. Over the last 5 years, Houses in Balwyn have seen a 5.88% increase in median value, while Units have seen a 11.54% increase. As at 31 March 2026:
- The median value for Houses in Balwyn is $2,676,593 while the median value for Units is $921,217.
- Houses have a median rent of $1,100 while Units have a median rent of $600.
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