5 Inverness Way, Balwyn North is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 836m2 and floor size of 334m2. While the property is not currently for sale or for rent, it was last sold in March 2008.
Enduring Appeal - Enticing Potential
The coveted Art Deco features of this charming mid 1930s two-storey family home are complemented by its warmth and spacious proportions; surrounded by lovely leafy English-style gardens and perfectly located in the sought after Riverside Estate, minutes from Balwyn North Village, Yarra parklands, transport and Freeway access. Exceptionally well presented but also offering an exciting opportunity to modernize if desired, it comprises entrance hall, formal sitting and dining rooms, study, period-style bathrooms, laundry, expansive kitchen (granite benchtops), and north-facing full-width informal living and dining room opening to a deck with heated spa/pool ideal for alfresco entertaining. Upstairs four bedrooms (BIRs, one with private balcony), bathroom (sep WC). Includes ducted heating, OFPs, workshop/storage/WC, double garage, sprinklers.
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 9,199 properties. Over the last 5 years, Houses in Balwyn North have seen a 13.61% increase in median value, while Units have seen a 16.38% increase. As at 31 December 2025:
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