309 Balwyn Rd, Balwyn North is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 774m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Boasting an outstanding family location in the coveted Balwyn High zone, this fine brick family home is situated on a generous corner allotment of 780sqm approx. making it an ideal option for the construction of a luxurious new family residence in an area undergoing renewal; or alternatively two townhouses with separate entrances. The site is currently occupied by a brick family home, proudly owner built in the mid-1950s and occupied by the same family since; offering ample scope to renovate, extend and update if preferred. With either option promising excellent capital gains prospects in one of Melbourne's most sought-after residential precincts (all options STCA).
The interior showcases family warmth from another time featuring stained timber joinery and panelling, with an entrance hall, a spacious sitting and dining room combined, three bedrooms, two with built-in robes, period-style family bathroom and kitchen/meals with adjacent laundry and terrazzo terrace with superb views overlooking a deep rear garden with fruit trees and vegetable beds. Other features include a gas heater and overhead fans, extensive under house storage and cellar, workshop carport and garage with access from Ajax Street. Buyers should note it presents in very good condition throughout and could be comfortably occupied or leased while a decision on its future is made.
Enhanced by an outstanding family location moments from Boroondara Park Primary and shops, St Bede's or Bellevue Primary, Leigh Park and Yarra parklands or minutes to Greythorn or North Balwyn Villages, Whitehorse Road or Westfield Doncaster shopping precincts. Plus public transport, walking distance to the number 48 tram and easy access to an array of Melbourne's prestige schools or the CBD via the Eastern Freeway - providing all the family lifestyle amenities which this area is renowned for.
The size of Balwyn North is approximately 9.1 square kilometres. It has 20 parks covering nearly 15.7% of total area. The population of Balwyn North in 2016 was 20406 people. By 2021 the population was 21302 showing a population growth of 4.4% in the area during that time. The predominant age group in Balwyn North is 10-19 years. Households in Balwyn North are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balwyn North work in a professional occupation.In 2021, 78.10% of the homes in Balwyn North were owner-occupied compared with 78.40% in 2016.
Balwyn North has 9,195 properties. Over the last 5 years, Houses in Balwyn North have seen a 1.74% increase in median value, while Units have seen a 10.71% increase. As at 30 April 2026:
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