29 Banool Rd, Balwyn is a 6 bedroom, 3 bathroom House with 2 parking spaces and was built in 1928. The property has a land size of 823m2 and floor size of 221m2. While the property is not currently for sale or for rent, it was last sold in December 2016.
*Approved Plans and Permits for two luxury townhouses available upon request.
Set on an extraordinary allotment of 823 sqm (approx..) in the forever-popular zone for Balwyn High School, this character- filled period home has been variously extended to present seven bedrooms and a remarkable sense of future potential. With two kitchens, three bathrooms and a flexible floor plan, the home can comfortably accommodate two separate residences and is suited to a diversity of purposes - including multi-generational living - while offering scope for renovation, a rebuild or untiles the approved plans and permits for 2 large luxury townhouse. Each townhouse has its own driveway, 5 bed, 4 bath, 2 car design, in a location to reward your vision.
Well elevated above the street and filled with an appealing sense of period charm, the home flows past three large bedrooms and a lounge to a kitchen/meals, all of which can be contained as one separate residence. Meanwhile, independently accessed, if needed, the second kitchen/meals is more modern, with another living room and another three - upstairs - bedrooms, one with an ensuite and all with built-in robes. Additional highlights include a double carport, large alfresco deck and paved outdoor entertaining, as well as a studio, an office/seventh bedroom and a deep backyard with established fruit trees.
Aside from its cherished Balwyn High School zoning, this exclusive location offers easy access to an extensive selection of elite private schools via Whitehorse Road trams, plus there are plenty of shops, cafes, restaurants and a cinema on Whitehorse Road, while Box Hill Central is also just a few minutes away.
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 7,483 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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