54 Tower RoadBalwyn North VIC 3104
Property Details for 54 Tower Rd, Balwyn North
54 Tower Rd, Balwyn North is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 574m2 and floor size of 158m2. While the property is not currently for sale or for rent, it was last sold in November 2013.
Last Listing description (November 2013)
The sweeping north facing view that greet you from the front terrace of this 3 bedroom 1950s home could be enhanced from the upper floor of a potential new home to be built on the elevated 603 sq m (approx.) site (STCA).
Alternatively, the existing home in the sought after Balwyn High School Zone could be renovated or used as an interim investment whilst plans are made for a new home, or retained as an on-going rental opportunity.
The well maintained home benefits from its orientation and position on the high side of the road with a light filled living area and front bedroom with large BIR plus separate dining room, updated timber kitchen/meals, 2 further robed bedrooms and bright family bathroom.
Additions include gas ducted heating, evaporative cooling and a double garage. Within walking distance of several parks and sporting reserves, Belmore Road shops, city bus, Balwyn High School and Balwyn North Primary School.
- 3 bedroom original 1950s family home
- Elevated on the high side of the road
- Sweeping northern view and proximity to amenities
- Potential for renovation or a new home site (STCA)
- Excellent investment opportunity
- In the Balwyn High School Zone
Terms: 10% deposit, balance 30/60 days
Land: 603 sq m approx.
Property History for 54 Tower Rd, Balwyn North, VIC 3104
- 09 Nov 2013Sold for $1,278,000
- 11 Oct 2013Listed for Sale GUIDE $950,000 - $1,050,000
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About Balwyn North 3104
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 9,179 properties. Over the last 5 years, Houses in Balwyn North have seen a -2.36% decrease in median value, while Units have seen a 10.38% increase. As at 31 May 2026:
- The median value for Houses in Balwyn North is $2,082,813 while the median value for Units is $1,204,676.
- Houses have a median rent of $900 while Units have a median rent of $730.
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