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VIC › Balwyn North › Central Ave

29 Central Ave, Balwyn North VIC 3104

House

$1,675,000

Last sold

23 Sept 2023

3

Bedrooms

2

Bathrooms

2

Car spaces

776 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,675,000 (23 Sept 2023).(Recorded sale)
  • FactLand 776 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Balwyn North (last 5 years) with land size: median $3,386/m² of land (n=12). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

What this lot has actually traded at

Last sold

$1,675,000

23 Sept 2023 · derived via latest_sale

Local land rate: recorded House sales in Balwyn North (last 5 years) with land size have a median of $3,386/m² of land (n=12). Districts calculation from recorded sales — not a valuation.

Balwyn North at a glance

22,653

People

No data

Median sale

$661/wk

Median rent

No data

Suburb gross yield

See the full Balwyn North report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,675,00023 Sept 2023
  2. Listedprice unknowncompleted4 Sept 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $661/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Balwyn North in one glance

Balwyn North at a glance

22,653

People

No data

Median sale

$661/wk

Median rent

No data

Suburb gross yield

See the full Balwyn North report →

Keep researching

  • Why Balwyn North? Read the area thesis →
  • What else is on the market in Balwyn North →
  • Other records on Central Ave →

Listing material

Listed by HEAVYSIDE

Corner allotment overlooking parkland! Enjoy now or scope for redevelopment.

Watch the auction live here: https://heavyside.co/live-auction/

THE PROPERTY

In the coveted Balwyn High School Zone, this Merchant Builder family home is perfectly positioned on a generous corner allotment of 776 sqm approx. On an elevated block, enjoy the north-facing aspect of this delightful family home, which was originally built in the year 1968 Embraced by a privately treed backdrop, the home overlooks the Koonung Creek Parkland and Reserve, boasting serene views and easy access to walking trails. Ready to enjoy now or offering scope to renovate and add value, there is ample space for all, with three bedrooms and multiple living zones.

Read the full description

Upon entry you'll find the formal living and dining domain, where timber ceilings and exposed beams add a sense of space. Flowing through to the stunning family/meals zone highlighted by hardwood floors and lush views, where sliding doors open up to reveal the serene gardens. Gourmets will enjoy the space and functionality of the galley-style kitchen, compete with dishwasher to make clean ups a breeze.

Three generous bedrooms include built-in robes providing an abundance of accommodation, with the privately placed master flaunting a chic ensuite. A double garage, functional laundry, garden shed and water tanks are additional fabulous inclusions of this exciting home, a must-see for those looking for an active lifestyle in peaceful surroundings.

THE FEATURES

● In the Balwyn High School zone

● Tranquil three-bedroom, two-bathroom home

● Positioned on a 776 sqm (approx.) garden block

● Galley-style kitchen features an abundance of storage

● Three generous robed bedrooms, master with ensuite

● Main bathroom includes shower, bath, vanity and toilet

● Dedicated laundry with built in storage

● Native gardens overlooking the Koonung Creek Reserve, loved by local wildlife

● Double garage with additional off-street parking

● Split system Air conditioner/heating in formal living, family zone & bedroom

THE LOCATION

Adding further value to this exceptional lifestyle property is a premiere position just steps to the Koonung Creek Trail, with local schools including Belle Vue Primary School and Balwyn North shops and cafés just a short stroll away, and the Eastern Freeway within easy reach. Also offering a bus stop just mere metres from the property, providing easy access to Camberwell and other surrounding suburbs as well as the Doncaster park and ride service.

THE TERMS: 60|90 days

Listing description written by Tim Heavyside, HEAVYSIDE — reproduced as published, not verified by Districts.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.