SOLD
Sold on 26 Oct 2023 for $565,000

18/7 Kireep Road
Balwyn VIC 3103

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 76m2
Land area: 4681m2
Sold By
Belle Property Balwyn
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Property Details for 18/7 Kireep Rd, Balwyn

18/7 Kireep Rd, Balwyn is a 2 bedroom, 1 bathroom Unit and was built in 1978. The property has a land size of 4681m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Balwyn in the last 12 months.

Building Type
Unit
Year Built
1978
Floor Size
76m2
Land Size
4681m2
Local Government
Boroondara
Lot/Plan
18/RP12866

Last Listing description (October 2024)

Auction has been cancelled. Please contact agent.Nestled in a sought-after, tree-lined Balwyn neighborhood, this brick property offers an outstanding opportunity to invest, move in immediately, or renovate. This charming ground-floor apartment features parking and spacious living in a quiet cul-de-sac. The home is impeccably maintained, with elevated garden views, an open-plan living and dining area, and an adjacent kitchen that opens onto a delightful courtyard. The two bedrooms, including a master with a walk-in robe, provide zoned accommodation and are serviced by a central bathroom. With its pristine original condition, this property is a canvas for savvy renovators or first-home buyers looking to create a personalized space. Alternatively, it presents a smart investment opportunity with immediate benefits and the potential for future gains through modernization. Perfectly situated in the Balwyn High School zone, it's within walking distance to shops, cafes, Maranoa Gardens, the library, and trams, offering a magnificent lifestyle and countless advantages for all buyers.*Photo ID required at all First National JXRE open for inspections and auctions. First National JXRE may refuse to provide further information on the property should you prefer not to disclose your full contact information including phone number. Please note that properties listed for auction may be sold prior.Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospect purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs.http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 18/7 Kireep Rd, Balwyn, VIC 3103

A timeline of how this property has performed in the market
Last Sold
$565,000
26 Oct 2023
  • 09 Aug 2024
    Listed for Sale $600,000 - $620,000
  • 26 Oct 2023
    Sold for $565,000
  • 02 Oct 2023
    Listed for Sale $520,000 - $570,000
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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 7,405 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 23 properties listed for sale, and 8 properties listed for rent in Balwyn on OnTheHouse. According to CoreLogic's data, 321 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.