SOLD
Sold on 05 Jun 2024 for $4,300,000

1 Raynes Street
Balwyn VIC 3103

Bedrooms: 5
Bathrooms: 5
Car spaces: 4
Floor area: 520m2
Land area: 753m2
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Property Details for 1 Raynes St, Balwyn

1 Raynes St, Balwyn is a 5 bedroom, 5 bathroom House with 4 parking spaces and was built in 2013. The property has a land size of 753m2 and floor size of 520m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 5 bedroom House sold in Balwyn in the last 12 months.

Building Type
House
Year Built
2013
Floor Size
520m2
Land Size
753m2
Local Government
Boroondara
Lot/Plan
5/LP24962

Last Listing description (April 2016)

Scintillating new heights of space and luxury are achieved by this extraordinary mansion in the prestigious Balwyn High School zone. Glamorous from inception and magnificent in appointment, indulge yourself in this expansive 5-bedroom/5-bathroom home where extravagant inclusions are too many to mention. Splendid formal areas, deluxe cinema room, upstairs teen retreat (bar and pool-view terrace), vast open-plan casual zones and resort-style pool/spa and golf putting green provide even the most fastidious family the ultimate fun-filled existence. Unrivalled in every way with lavish marble and timber finishes, incredible master suite, the full complement of Miele kitchen appliances (butler's pantry), poolside Smeg kitchen, zoned heating/cooling/security, auto-gates and 4 car garage. Building size: 620 sqm approx. (73 sq approx.)

Property History for 1 Raynes St, Balwyn, VIC 3103

A timeline of how this property has performed in the market
Last Sold
$4,300,000
05 Jun 2024
Listed for Rent
$420/w
01 Nov 2006
  • 05 Jun 2024
    Sold for $4,300,000
  • 22 Feb 2016
    Listed for Sale Not Disclosed
  • 08 Jun 2006
    Listed for Rent - Price not available
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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 7,401 properties. Over the last 5 years, Houses in Balwyn have seen a 20.17% increase in median value, while Units have seen a 14.75% increase. As at 31 August 2024:

  • The median value for Houses in Balwyn is $2,757,825 while the median value for Units is $845,766.
  • Houses have a median rent of $980 while Units have a median rent of $600.
There are currently 17 properties listed for sale, and 11 properties listed for rent in Balwyn on OnTheHouse. According to CoreLogic's data, 318 properties were sold in the past 12 months in Balwyn.

Suburb Insights for Balwyn 3103

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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.