5 Maleela AvenueBalwyn VIC 3103
Property Details for 5 Maleela Ave, Balwyn
5 Maleela Ave, Balwyn is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1924. The property has a land size of 1116m2 and floor size of 358m2. While the property is not currently for sale or for rent, it was last sold in March 2016.
Last Listing description (March 2016)
Commanding an impressive position atop one of Reid Estate's most prestigious streetscapes, 'Banong' is a magnificent 1920's home offering an extraordinary benchmark for family living and entertaining. Classic Deco lines and beautifully proportioned spaces are a timeless foundation for the luxurious contemporary comforts found throughout the 5 bedroom/3 bathroom layout. Across the deep deck, a separate summerhouse (bathroom), superb large pool, basketball quad and BI BBQ terrace create lavish options for entertaining amidst the luxuriant private gardens. Grand and graceful yet family-wise and relaxed, this impeccable home features library, upper study/nursery, city views from the master bedroom, refined lounge and fine dining rooms, large family zone and consummate kitchen/meals (WI pantry) with a trio of French doors opening to the deck. A home for all generations finished with hydronic heating, cooling, security, water tanks, storage, ample OSP and just a short walk to Camberwell Grammar, Fintona, Balwyn Cinema, tram and boutique shopping.
Land: 1109sqm approx.
Property History for 5 Maleela Ave, Balwyn, VIC 3103
- 05 Mar 2016Sold for $3,805,000
- 09 Feb 2016Listed for Sale Not Disclosed
- 21 Dec 2004Sold for $1,571,000
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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.
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