OFF MARKET

8A Madang Avenue
Balwyn VIC 3103

Bedrooms: 5
Bathrooms: 4
Car spaces: 2
Floor area: 415m2
Land area: 599m2
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Property Details for 8a Madang Ave, Balwyn

8a Madang Ave, Balwyn is a 5 bedroom, 4 bathroom Unit with 2 parking spaces and was built in 2017. The property has a land size of 599m2 and floor size of 415m2. While the property is not currently for sale or for rent, it was last sold in September 2017.

Building Type
Unit
Year Built
2017
Floor Size
415m2
Land Size
599m2
Local Government
Boroondara
Lot/Plan
2/PS803004

Last Listing description (October 2017)

A Luxurious Vision
Remarkable in its scale and unmistakable in its design, No. 8A Madang Avenue, Balwyn is a stunning and luxurious residence in one of Melbourne's most coveted suburbs, architecturally designed to bring to life every aspiration of those seeking a landmark home.
Featuring lofty volumes with an abundance of natural light and expanses of glass, offering views towards a swimming pool, courtyard and landscaped gardens. The timeless elegance of stone and marble, the warmth of dark timbers, and the finest fittings and fixtures combine to create a residence which exudes quality in every detail.

Amongst its significant offerings are five bedrooms with three ensuites, four bathrooms and a powder room. Opulent spaces are a hallmark of the home, with vast formal lounge and living areas, a study and retreat, and a tremendous kitchen with European appliances and accompanying butler's pantry.
No. 8A Madang Avenue is located in a private and exclusive tree-lined cul-de-sac, only minutes from some of the most prestigious private schools, train and tram access, the Yarra River, Mont Albert Reserve and the beautiful Maranoa Gardens.
Further adding to its appeal is ease of access to the Eastern Freeway and Melbourne CBD, close proximity to restaurants, cafes and retail precincts such as The Village, Westfield Doncaster, Belmore Road and Union Road, as well as Box Hill Hospital, sports grounds and gymnasiums.
Exceptionally appointed throughout and abundant in lifestyle appeal, No. 8A Madang Avenue represents a unique opportunity to own a home which exemplifies the very definition of luxurious contemporary living.
Also visit the stand alone website at: http://www.8amadangavenuebalwyn.com/
Terms: 10% deposit, balance 30/60 days

Property History for 8a Madang Ave, Balwyn, VIC 3103

A timeline of how this property has performed in the market
Last Sold
$2,780,000
23 Sep 2017
  • 23 Sep 2017
    Sold for $2,780,000
  • 17 Aug 2017
    Listed for Sale Not Disclosed

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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 7,366 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 28 properties listed for sale, and 11 properties listed for rent in Balwyn on OnTheHouse. According to CoreLogic's data, 301 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.