3 Cash Street, Balwyn North VIC 3104
3 Cash Street, Balwyn North VIC 3104
This is a five-bedroom, three-bathroom single-story house on a 787-square-metre elevated north-facing lot with an in-ground pool, a study, and a double remote garage. It was built in 1979 and falls within the Balwyn High School zone.
This property is competitively positioned in Balwyn North due to its rare combination of five bedrooms, a large elevated block, and a north-facing aspect. A configuration of this size is not common for the area, and the inclusion of a pool and study adds further distinction. The property serves family buyers who prioritise space and school access, as it is directly zoned for a top-tier secondary school. When compared to typical suburban stock, this house offers above-average land and interior space, which strengthens its appeal for long-term family occupancy or multi-generational living.
The age of the build may warrant attention to the condition of major systems, such as ducted heating and air conditioning, as well as the pool infrastructure. The single-story layout may limit expansion options, though the lot size provides flexibility for future renovation or reconfiguration. Rental demand is supported by the school zone and the scarcity of five-bedroom homes, which could sustain a higher-than-typical yield for the area. Buyers should weigh these factors against the premium often commanded by north-facing, elevated lots when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 3 Cash Street, Balwyn North VIC 3104
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
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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
5
Bathroom
3
Parking
2
Land
787m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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