47A Tower Road, Balwyn North VIC 3104

Backing onto Hislop Reserve | Balwyn High School zone | Modern five-bedroom | Pool and spa | Subdivided lot The property’s direct reserve frontage and swimming pool create a rare indoor-outdoor configuration that is difficult to replicate in this tightly held school zone. The modern five-bedroom layout with high ceilings and 213 square metres of built area positions it well for families seeking a lock-and-leave home with immediate access to parkland. Its zoning for both Balwyn North Primary and Balwyn High School, both within walking distance, strengthens its appeal to the core buyer demographic. The 2022 sale at $2.3 million provides a clear recent benchmark, and the current estimate range suggests measured growth has occurred. The principal risk is the subdivided lot structure. Two properties share the same 506 square metre parcel, which may limit future subdivision potential and could introduce shared boundary considerations. Buyers should verify easements and any cross-lease obligations. The satellite-detected roof height of 8 metres with 80 percent confidence warrants a physical inspection to confirm ceiling clearance and any structural quirks. The absence of heritage or flood overlays is favourable, but the property’s position in a premium zone means competition will be strong, and the current asking range reflects that premium.