OFF MARKET

1/5 Kaarumba Grove
Balwyn VIC 3103

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 215m2
Land area: 1242m2
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Property Details for 1/5 Kaarumba Gr, Balwyn

1/5 Kaarumba Gr, Balwyn is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 1242m2 and floor size of 215m2. While the property is not currently for sale or for rent, it was last sold in December 2014.

Building Type
House
Year Built
1970
Floor Size
215m2
Land Size
1242m2
Local Government
Boroondara
Lot/Plan
17/LP9262

Last Listing description (December 2014)

A rare asset in a blue-chip court
In the bowl of a unique cul-de-sac, this 3 bedroom brick house occupies an impressive 1,225 sq m approx. allotment with a sunny north-oriented backyard.
The brick veneer house is suitable for renovation, yet such a prestige position demands something special (STCA). The property is tenanted until March 2015, so you'll have plenty of time to explore your options, whilst generating an income!

The well-presented home features 3 robed bedrooms and 2 bathrooms (master with WIR and ensuite). The kitchen and living areas are north facing, comprising a carpeted lounge room and family and dining areas with open fireplaces, polished floors and soaring cathedral ceilings with exposed beams. The family room has a wet bar and the original kitchen encompasses a sunny meals space and an updated stainless steel dishwasher. Further inclusions: gas ducted heating, skylight, paved BBQ area and a double garage with a carport.
Ideally positioned in a quiet grove, walk to Whitehorse Road trams, Balwyn shopping village, Beckett Park and Maranoa Gardens, churches and schools, with a short drive to Chatham or Surrey Hills stations.
- Tenanted until March 2015
- 3 living areas
- 1,225 sq m approx.
- Rear northern orientation
- Update, extend or redevelop (STCA)
- Nearby parks, trams and schools
Also visit the stand alone website at: www.5kaarumbagrovebalwyn.com
Terms: 10% deposit, balance 30/60 days
Land: 1,225 sq m approx.

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Property History for 1/5 Kaarumba Gr, Balwyn, VIC 3103

A timeline of how this property has performed in the market
Last Sold
$1,770,000
29 Dec 2014
Listed for Rent
$540/w
25 Feb 2014
  • 29 Dec 2014
    Sold for $1,770,000
  • 30 Oct 2014
    Listed for Sale PRICE ON APPLICATION
  • 23 Aug 2014
    Listed for Sale Not Disclosed
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About Balwyn 3103

The size of Balwyn is approximately 4.4 square kilometres. It has 19 parks covering nearly 5% of total area. The population of Balwyn in 2011 was 12,943 people. By 2016 the population was 13,321 showing a population growth of 2.9% in the area during that time. The predominant age group in Balwyn is 10-19 years. Households in Balwyn are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balwyn work in a professional occupation. In 2011, 72.9% of the homes in Balwyn were owner-occupied compared with 71.2% in 2016.

Balwyn has 7,369 properties. Over the last 5 years, Houses in Balwyn have seen a 18.65% increase in median value, while Units have seen a 9.67% increase. As at 31 October 2024:

  • The median value for Houses in Balwyn is $2,811,991 while the median value for Units is $849,310.
  • Houses have a median rent of $980 while Units have a median rent of $600.
There are currently 27 properties listed for sale, and 9 properties listed for rent in Balwyn on OnTheHouse. According to CoreLogic's data, 302 properties were sold in the past 12 months in Balwyn.

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