49 Kenny Street, Balwyn North VIC 3104

49 Kenny Street, Balwyn North VIC 3104
7 bedrooms | 982sqm land | Balwyn High zone | city views This property occupies a rare position in Balwyn North, combining a 982sqm landholding with seven bedrooms and seven bathrooms. The configuration is significantly larger than typical family stock in the suburb, placing it firmly in the prestige segment. Its elevated position with city views adds a further competitive edge. The house is best suited to large or multi-generational families who prioritise space and school catchment access. The Balwyn High School zone is a consistent value driver in this market, and the propertyโ€™s scale means it appeals to a narrower but motivated buyer pool. The estimated rental yield sits at a moderate level for the capital value range, which may influence an investorโ€™s decision. The absence of disclosed construction age means the condition of the building should be verified directly. While the land size and zoning are strong, the price outcome may depend on how many buyers in the catchment can absorb a property of this scale. The surrounding area is family-oriented with good amenities, but no major infrastructure changes were identified that would shift demand materially.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 49 Kenny Street, Balwyn North VIC 3104
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Market Insight:

Balwyn North is a premium, family-oriented suburb in Melbourne’s inner east, underpinned by strong educational catchments and a high-income professional demographic. Demand is driven by families seeking quality schooling, sustaining a high-value housing market. Recent price trends show stability in houses but variability in units, with sales volumes solid but days on market indicating some buyer caution. Future growth is linked to its enduring appeal to affluent families, though high price points and sensitivity to economic conditions present constraints on broader affordability and momentum.
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PropCred Estimated Value

Bedrooms

7

Bathroom

7

Parking

3

Land

982mยฒ

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