39 Hood St, Balwyn North is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 623m2 and floor size of 163m2. While the property is not currently for sale or for rent, it was last sold in October 2002.
Set on approximately 623sqm with a prized north-facing rear orientation, this classic Balwyn North property presents an exceptional opportunity to build a luxury new residence or explore subdivision potential in a highly sought-after family pocket (STCA). Positioned within walking distance to the prestigious Balwyn High School, the property combines immediate comfort with outstanding future upside.
The existing brick home offers a flexible four-bedroom layout, featuring a spacious living room, separate dining area, functional kitchen, central bathroom, powder room and dedicated laundry. Multiple living zones and generous bedroom accommodation provide comfortable family living or leasing potential while future plans are considered.
The wide frontage, substantial north-facing backyard and favourable land dimensions create the ideal canvas for a premium new home or multi-dwelling redevelopment (STCA). Surrounded by quality residences and ongoing luxury development, this is a rare opportunity to secure blue-chip Balwyn North land with exceptional future potential.
Enjoy the convenience of nearby Greythorn Village, Koonung Creek trails, parks, city-bound transport and easy Eastern Freeway access, all while being moments from leading private schools and elite local amenities.
- Approx. 623sqm allotment
- North-facing rear backyard
- Walking distance to Balwyn High School
- Flexible four-bedroom floorplan
- Separate living and dining zones
- Functional kitchen with adjoining meals area
- Central bathroom plus powder room
- Wide frontage with excellent redevelopment appeal
- Ideal luxury new home or subdivision potential (STCA)
- Existing residence with immediate rental or living options
- Quiet, family-oriented Balwyn North location
The size of Balwyn North is approximately 9.1 square kilometres. There are 20 parks, covering nearly 15.7% of the 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 9,208 properties. Over the last 5 years, Houses in Balwyn North have seen a -2.17% decrease in median value, while Units have seen a 8.61% increase. As at 30 June 2026:
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