SOLD
Sold on 12 May 2024 for $2,380,000

1/98 Strabane Avenue
Balwyn VIC 3103

Bedrooms: 5
Bathrooms: 5
Car spaces: 2
Floor area: 420m2
Land area: 519m2
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Property Details for 1/98 Strabane Ave, Balwyn

1/98 Strabane Ave, Balwyn is a 5 bedroom, 5 bathroom Townhouse with 2 parking spaces and was built in 1960. The property has a land size of 519m2 and floor size of 420m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 5 bedroom Townhouse sold in Balwyn in the last 12 months.

Building Type
Townhouse
Year Built
1960
Floor Size
420m2
Land Size
519m2
Local Government
Boroondara
Lot/Plan
1/PS726617

Last Listing description (May 2024)

Contemporary architectural excellence is majestically proportioned and underpinned by quality in this brand new, five bedroom, five bathroom residence with sweeping views across its exclusive Balwyn surrounds. Creating a grand and elevated presence above the tree-lined prestige of its blue-ribbon streetscape, the home reveals magnificent family dimensions organised over three remarkably low maintenance levels.

Accessed via an imposing staircase of natural stone, the home creates an instant sense of occasion as it opens to reveal an open-plan kitchen / dining / living where a vast waterfall-edged island bench creates a welcoming gathering place and a suite of Miele appliances is perfect for gourmet food preparation. With a separate lounge room and a generous upstairs living room, as well as a basement level that presents an office / gymnasium, a living / rumpus room and a wine cellar with tasting room. Particularly flexible and suited to year-round entertaining, the home also spills to a paved and north-facing undercover alfresco area.

Three of the home's bedrooms have been completed with fully-tiled designer ensuites and walk-in robes, whilst the remaining two have been appointed with substantial built-in robes - one also with semi-ensuite access to the home's fourth bathroom. Further highlights include a secure double carport, a fifth bathroom in the basement, a stone-topped laundry / powder room and secure keyless entry as well as central and zoned heating and air conditioning.

Prestigiously positioned in the zone for Mont Albert Primary School and just around the corner from the village-like shopping strip and cafe culture of Balwyn East on Belmore Road, this is a fabulous family home within walking distance also of Belmore Road buses, terrific parkland and all the action on Whitehorse Road where city-bound trams can connect you to a diversity of Melbourne's most elite private schools.

Property History for 1/98 Strabane Ave, Balwyn, VIC 3103

A timeline of how this property has performed in the market
Last Sold
$2,380,000
12 May 2024
  • 12 May 2024
    Sold for $2,380,000
  • 10 Apr 2024
    Listed for Sale Sold
  • 07 Jun 2014
    Sold for $1,300,000

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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 7,362 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 28 properties listed for sale, and 11 properties listed for rent in Balwyn on OnTheHouse. According to CoreLogic's data, 301 properties were sold in the past 12 months in Balwyn.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.