SOLD
Sold on 12 Mar 2024 for $370,000

5/2A Kireep Road
Balwyn VIC 3103

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 66m2
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Property Details for 5/2a Kireep Rd, Balwyn

5/2a Kireep Rd, Balwyn is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 66m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Balwyn in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
57m2
Land Size
66m2
Local Government
Boroondara
Lot/Plan
5/SP20457

Last Listing description (May 2017)

This is a peacefully positioned spacious 1 Bedroom, 1st floor apartment, with no stairs has been beautifully renovated. This unit has a carport on title and is positioned just outside the front door. Balwyn is the ideal suburb on the 109 Tram line, and Maranoa Close is the ideal location, a pleasant walk to the shops, library or cinema to name just a few. Moving to a retirement village means that you can maintain your independence, but have the reassurance of knowing there is a Medical Emergency Callout 24/7 if the need should arise. Buyer must also enter into separate contract with Retirement Village.

Property History for 5/2a Kireep Rd, Balwyn, VIC 3103

A timeline of how this property has performed in the market
Last Sold
$370,000
12 Mar 2024
  • 12 Mar 2024
    Sold for $370,000
  • 04 May 2017
    Listed for Sale $280,000 (under offer)
  • 13 Aug 2016
    Sold for $270,000
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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.

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.