OFF MARKET

2/5 Cherry Road
Balwyn VIC 3103

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 117m2
Land area: 132m2
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Property Details for 2/5 Cherry Rd, Balwyn

2/5 Cherry Rd, Balwyn is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 132m2 and floor size of 117m2. While the property is not currently for sale or for rent, it was last sold in June 2020.

Building Type
Unit
Year Built
1965
Floor Size
117m2
Land Size
132m2
Local Government
Boroondara
Lot/Plan
2/PS439121

Last Listing description (January 2021)

A heart-warming home to which a proud attention to detail has been applied, this conveniently positioned and wonderfully relaxing 3 bedroom villa demonstrates an outstanding commitment to quality throughout.


With brand new flooring throughout, the property offers:

*3 bedrooms master with access to the central bathroom
*large lounge with a bay window and a lovely breakfast balcony
*Kitchen with European appliances and a sleek glass splashback
*Large courtyard
*Central heating and cooling
*Single remote garage


Enjoy the lifestyle of living directly opposite the vast open spaces of Balwyn Park and within 500m of Balwyn Cinema, shops, restaurants and cafes on Whitehorse Road, the ease of living here is second to none.


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Property History for 2/5 Cherry Rd, Balwyn, VIC 3103

A timeline of how this property has performed in the market
Last Sold
$980,000
24 Jun 2020
Listed for Rent
$480/w
13 Jan 2021
  • 18 Sep 2020
    Listed for Rent - Price not available
  • 24 Jun 2020
    Sold for $980,000
  • 18 Dec 2019
    Listed for Rent - Price not available
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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 7,369 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 27 properties listed for sale, and 7 properties listed for rent in Balwyn on OnTheHouse. According to CoreLogic's data, 301 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.