SOLD
Sold on 13 Nov 2023 for $2,495,000

25 Tormey Street
Balwyn North VIC 3104

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 203m2
Land area: 727m2
Sold By
James Tostevin
MARSHALL WHITE BOROONDARA
Robert Le
MARSHALL WHITE BOROONDARA
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Property Details for 25 Tormey St, Balwyn North

25 Tormey St, Balwyn North is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1956. The property has a land size of 727m2 and floor size of 203m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 4 bedroom House sold in Balwyn North in the last 12 months.

Building Type
House
Year Built
1956
Floor Size
203m2
Land Size
727m2
Local Government
Boroondara
Lot/Plan
8/LP20527

Last Listing description (November 2023)

A much sought-after Balwyn High zone location and generous garden allotment of 727sqm (approx.) with no heritage overlay underpins the appeal of this very comfortable split-level, brick family home. Generously proportioned and nestled in one of the most prestigious and premier streets in Balwyn North, this home also presents a rare opportunity to re-develop the site, building a luxurious new family residence or to undertake renovations if desired (STCA); whilst capitalising on potential northern ranges views and its prestigious location which has undergone considerable renewal in recent years underpinning its future value.

The current home is highlighted by large picture windows which deliver an abundance of natural northern light to the delightful interior featuring a polished timber foyer and hallway leading to a dining room, and formal sitting room with OFP, large study, four bedrooms all with built-in robes, and a sky lit family bathroom with a separate shower and second WC. A well-appointed timber kitchen with quality Asko dishwasher, gas cook top stove and St George oven flows to a spacious living room and adjacent laundry which open to a large, covered deck overlooking the rear garden and paved outdoor dining area - providing options for alfresco entertaining with friends and family. The lower level has a rumpus room or home gym, storeroom/cellar and under house access for additional storage. Other features include an alarm, ducted heating and evaporative cooling and a remote double garage with rear access, storage and a workbench.

This impressive property is enhanced by several sought-after lifestyle benefits including the nearby Boroondara Sports Complex and other parklands, plus many public transport options. Close to the North Balwyn Village, Greythorn, Whitehorse Road or Westfield Doncaster shopping precincts and walking distance to Boroondara or Greythorn Primary schools and Balwyn High school - plus quick Eastern Freeway/CBD access - all enviable family amenities attached to this convenient location.

Property History for 25 Tormey St, Balwyn North, VIC 3104

A timeline of how this property has performed in the market
Last Sold
$2,495,000
13 Nov 2023
  • 13 Nov 2023
    Sold for $2,495,000
  • 02 Oct 2023
    Listed for Sale Private sale $2,495,000
  • 12 Nov 2003
    Transferred
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About Balwyn North 3104

The size of Balwyn North is approximately 9.1 square kilometres. It has 20 parks covering nearly 15.7% of total area. The population of Balwyn North in 2011 was 20,315 people. By 2016 the population was 20,414 showing a population growth of 0.5% in the area during that time. The predominant age group in Balwyn North is 10-19 years. Households in Balwyn North are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balwyn North work in a professional occupation. In 2011, 80.6% of the homes in Balwyn North were owner-occupied compared with 78.4% in 2016.

Balwyn North has 9,272 properties. Over the last 5 years, Houses in Balwyn North have seen a 16.48% increase in median value, while Units have seen a 11.61% increase. As at 30 September 2024:

  • The median value for Houses in Balwyn North is $2,179,397 while the median value for Units is $1,197,238.
  • Houses have a median rent of $830 while Units have a median rent of $750.
There are currently 27 properties listed for sale, and 15 properties listed for rent in Balwyn north on OnTheHouse. According to CoreLogic's data, 376 properties were sold in the past 12 months in Balwyn north.

Suburb Insights for Balwyn North 3104

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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.