OFF MARKET

16/23 Maleela Avenue
Balwyn VIC 3103

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 117m2
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Property Details for 16/23 Maleela Ave, Balwyn

16/23 Maleela Ave, Balwyn is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
Unit
Floor Size
117m2
Local Government
Boroondara
Lot/Plan
16/PS336567

Last Listing description (January 2016)

Retirement living at its best.
Beautiful studio apartment on street level has sweeping street views.
Within minutes of transport, Balwyn shopping precinct and cinema. Offering a secure environment with qualified and professional staff on hand 24 hours a day to provide peace of mind.

Benefits and Amenities:
All meals provided
Dining room
Private dining room
Carers on site 24/7
Emergency call
Visiting health professional
Elevator
Library
Hair and beauty services
Village bus
Beautiful gardens and courtyards
About Aveo Retirement Villages: Aveo Retirement Living has been refining its recipe for living well in retirement for over 20 years. Our success is due to our ability to combine all the right ingredients, a wide range of affordable, well-designed homes, friendly like-minded neighbours, useful amenities, practical services and attentive, on-site staff. While most of our residents are no longer working, they definitely have not retired from life. In fact, they are more involved than ever, taking on opportunities to explore new leisure pursuits, new friendships and a new lifestyle within communities of people their own age, with whom they can share common interests.
We encourage this type of independent living and are deeply committed to ensuring all of our residents live well.
Call today to book an inspection!

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Property History for 16/23 Maleela Ave, Balwyn, VIC 3103

A timeline of how this property has performed in the market
Last Sold
$275,000
12 Jun 2023
  • 12 Jun 2023
    Sold for $275,000
  • 06 Nov 2015
    Sold for $200,000
  • 27 Mar 2015
    Listed for Sale $220,000
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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 7,373 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 26 properties listed for sale, and 7 properties listed for rent in Balwyn on OnTheHouse. According to CoreLogic's data, 303 properties were sold in the past 12 months in Balwyn.

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