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Sold on 27 Apr 2024 for $2,880,500

16 Grey Street
Balwyn VIC 3103

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 556m2
Land area: 743m2
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Fletchers Balwyn North
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Property Details for 16 Grey St, Balwyn

Building Type
Land
Year Built
2024
Floor Size
556m2
Land Size
743m2
Local Government
Boroondara
Lot/Plan
1/TP369362

Last Listing description (April 2024)

In conjunction with Buxton Balwyn Ellie Gong +61 430 434 567

Spanning an enormous 791m2 (approx.), this vacant and unencumbered allotment is a wellspring of inspiration for the creative mind. A bare landscape with exciting possibilities, the site is ideally situated in a highly sought-after locale, rich in suburban infrastructure and family-friendly surrounds.

Zoned for the revered Kew High School and Deepdene Primary School, the site enjoys a coveted location among elite education, including Camberwell Girls Grammar, Carey Baptist Grammar, Genazzano FCJ College etc.
Positioned footsteps from Stradbroke Park sporting grounds and playground recreation, the property is primed for an idyllic family lifestyle, situated within a leisurely wander of the charming cafs, restaurants and boutiques found at both Kew and Balwyn villages, while nearby trams and bus offer a speedy commute.

Situated in a Neighbourhood Residential Zone 3, the site is free from arduous title covenants and planning overlays, providing developers with the perfect canvas to realise their most daring ideas. A rectangular allotment, this vacant property is brimming with latent potential, inspiring a magnificent dream home or a luxurious townhouse development (subject to council approval).

Terms: 10% deposit, balance 30/45/60 days

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Property History for 16 Grey St, Balwyn, VIC 3103

A timeline of how this property has performed in the market
Last Sold
$2,880,500
27 Apr 2024
  • 27 Apr 2024
    Sold for $2,880,500
  • 03 Apr 2024
    Listed for Sale $2,500,000 - $2,700,000
  • 08 Jun 2023
    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 7,404 properties.

    There are currently 16 properties listed for sale, and 11 properties listed for rent in Balwyn on OnTheHouse. According to CoreLogic's data, 312 properties were sold in the past 12 months in Balwyn.

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