18 Carrington Street, Balwyn North VIC 3104

5 bed family home | Balwyn High zone | pool and land | premium pocket This property offers a rare combination of size and school-zone positioning. The five bedroom layout with a pool and 680sqm of land in Balwyn North places it in strong demand from families seeking long term occupancy. The Greythorn Primary and Balwyn High zoning is the primary value driver, giving the house a structural advantage over similar sized homes outside the zone. For a buyer prioritising school catchment and space, this property holds its position better than most in its price tier. The main risk is the current estimated value sitting below the 2023 sale price, which may indicate a softening in this segment or simply conservative modelling. Buyers should verify through a recent appraisal. The rental yield is low, around 2%, so this is not an income play. The opportunity lies in holding for the school cycle and land appreciation. Use this property as a family home first, capital growth second.