4 Balfour Ave, Heathmont is a 4 bedroom, 3 bathroom House and was built in 1950. The property has a land size of 1011m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in February 2016.
Developers and investors will want to explore the lucrative and sensational opportunities this fantastically placed, four-bedroom, three-bathroom dwelling situated on a rare quarter-acre (1013sqm approx.) allotment delivers.
A unique floorplan lends itself to a myriad of options, perhaps utilise as one very large house or re-develop (STCA) and reap the financial rewards.
Located conveniently close to great facilities; Great Ryrie Primary, Aquinas College, Jubilee Park and the new Aquanation Leisure Centre along with Heathmont shopping strip and train station just a short stroll away, plus easy access to the newly redeveloped Eastland Shopping Centre, EastLink, Tintern Grammar and Ringwood Secondary College plus golf courses, playgrounds, reserves and walking trails nearby.
The size of Heathmont is approximately 4.4 square kilometres. It has 17 parks covering nearly 9.3% of total area. The population of Heathmont in 2016 was 9688 people. By 2021 the population was 9933 showing a population growth of 2.5% in the area during that time. The predominant age group in Heathmont is 40-49 years. Households in Heathmont are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Heathmont work in a professional occupation.In 2021, 80.50% of the homes in Heathmont were owner-occupied compared with 79.90% in 2016.
Heathmont has 4,497 properties. Over the last 5 years, Houses in Heathmont have seen a 17.39% increase in median value, while Units have seen a 22.58% increase. As at 31 December 2025:
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