31 Banool Rd, Balwyn is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1975. The property has a land size of 822m2 and floor size of 231m2. While the property is not currently for sale or for rent, it was last sold in January 2022.
This property is open for inspection. In accordance to Victorian Government requirements, only fully vaccinated people will be able to attend the open for inspection/and auction for this property.
A compelling prospect in a quiet tree lined street just a short stroll from Whitehorse Road, trams, Beckett Park and Maronoa Botanical Gardens, this circa 1970s home is full of promise for the renovator, new family home builder or dual occupancy developer (STCA). Surrounded by an elevated level allotment of some 822 sqm (approx.) there's significant scale and scope to provide rich rewards whatever your chosen path. Original proportions retain with high, wood panel pitched ceilings before previously extended proportions step out to an impressively deep sunny rear garden with preferred North West orientation. With a 15m (approx.) frontage to Banool Road providing an exciting choice to either retain and renovate or start new beginnings with a brand new luxury home in this popular family pocket close to leading local and private schools, Balwyn Shopping Centre, cafes and restaurants, and Mailing Road only moments away. Zoned to Chatham Primary School and Balwyn High School.
The size of Balwyn is approximately 4.4 square kilometres. There are 19 parks, covering nearly 5.0% of the 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 7,471 properties. Over the last 5 years, Houses in Balwyn have seen a -4.16% decrease in median value, while Units have seen a 2.57% increase. As at 31 May 2026:
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