SOLD
Sold on 18 Nov 2023 for $656,000

2/2 Raynes Street
Balwyn VIC 3103

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 764m2
Sold By
Belle Property Balwyn
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Property Details for 2/2 Raynes St, Balwyn

2/2 Raynes St, Balwyn is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2009. The property has a land size of 764m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Balwyn in the last 12 months.

Building Type
Unit
Year Built
2009
Floor Size
85m2
Land Size
764m2
Local Government
Boroondara
Lot/Plan
2A/PS614671

Last Listing description (December 2023)

This impressive single level, ground floor home offers unparalleled convenience in a premium location. Perfecting the art of easy living, the stylish, contemporary interior enhances the appeal of the light filled open plan living and dining area complemented by a sublime stone kitchen and laundry space that opens out to a fabulous private deck, the perfect place for alfresco dining or relaxing. The sleek, clean lines and quality finishes add to the enticement of this property, designed with low maintenance living in mind, two bedrooms with built in robes share a luxurious bathroom, heating, cooling, front terrace and carport. Exceptionally located in the esteemed Balwyn High School zone, a short stroll to Boroondara Sports Complex, Gordon Barnard Reserve, Village cafes, shopping and restaurants whilst surrounded by great transport options, schools and moments to freeway. This ideal property is ready and waiting for you to simply move in or add a magnificent element to your investment portfolio.

Property History for 2/2 Raynes St, Balwyn, VIC 3103

A timeline of how this property has performed in the market
Last Sold
$656,000
18 Nov 2023
Listed for Rent
$470/w
01 Jun 2020
  • 18 Nov 2023
    Sold for $656,000
  • 31 Oct 2023
    Listed for Sale $580,000 - $620,000
  • 26 May 2020
    Listed for Rent $470 / week
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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.

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.