38 King St, Balwyn is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 769m2.
Positioned on an expansive 769sqm (approx.) allotment in one of Balwyns most tightly held family pockets, this original single-level brick residence presents an exceptional opportunity to renovate, rebuild or create a luxurious new family domain (STCA). Comfortable and immediately liveable, the home offers generous proportions including multiple living zones and an undercover alfresco overlooking the substantial backyard.A spacious formal living area and dining room is complemented by a large family and meals area, overseen by a timber kitchen with abundant storage space. Four bedrooms include a privately positioned master complete with walk-in robe and ensuite, while the central bathroom features a separate bath and shower. Additional highlights include ducted heating, evaporative cooling, a substantial family-sized laundry, secure double garage accommodation and extensive off-street parking behind gated frontage.Rich with future potential, the property invites contemporary enhancement while offering outstanding scope for a premium new home or redevelopment project in a location renowned for lifestyle convenience and enduring family appeal.Ideally situated within walking distance of Deepdene Primary School, Our Lady of Good Counsel Primary School, Genazzano FCJ College, Kew High School and the parklands of King Street Reserve, the home also enjoys easy access to Deepdene and Stradbroke Village cafs, Boccaccio IGA and Cellars, Burke and Cotham Road trams servicing Melbournes leading private schools, while only moments from Camberwell Junction, Balwyns vibrant shopping and dining precinct, Palace Balwyn Cinema and the Eastern Freeway.* Expansive 769sqm (approx.) allotment in prime Balwyn pocket* Original single-level brick home with outstanding future potential* Renovate, rebuild or redevelop opportunity (STCA)* Multiple living zones with undercover alfresco entertaining* Four bedrooms including master with walk-in robe and ensuite* Ducted heating, evaporative cooling and family-sized laundry* Secure double garage with extensive off-street parking* Walk to elite schools, cafs, trams and parklands
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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