SOLD
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
Improve this data
Share
Save

Property Details for 16 Grey St, Balwyn

Building Type
Land
Year Built
2024
Floor Size
556m2
Land Size
743m2
Local Government
Boroondara
Lot/Plan
R1/LP2920

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

Show More

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
Sign in to see more transactions

Commute Calculator

Recent sales nearby

See more recent sales nearby

Similar properties For Sale nearby

See more properties for sale nearby

Similar properties For Rent nearby

See more properties for rent nearby

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 7,371 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 23 properties listed for sale, and 7 properties listed for rent in Balwyn on OnTheHouse. According to CoreLogic's data, 296 properties were sold in the past 12 months in Balwyn.

Balwyn Profile Page

Suburb Insights for Balwyn 3103

Visit Balwyn profile page
Market Insights
Balwyn Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Balwyn Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Balwyn profile page
CoreLogic Copyright and Legal Disclaimers about Property Data

© Copyright 2024 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic). All rights reserved.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED