SOLD
Sold on 27 Apr 2024 for $792,000

3/1 Nicholson Street
Balwyn North VIC 3104

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 107m2
Land area: 115m2
Sold By
Fletchers Balwyn North
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Property Details for 3/1 Nicholson St, Balwyn North

3/1 Nicholson St, Balwyn North is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 115m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Balwyn North in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
107m2
Land Size
115m2
Local Government
Boroondara
Lot/Plan
3/RP1017

Last Listing description (March 2012)

This traditional 2 bedroom rear villa unit has been transformed into a comfortable home for down-sizers, couples or a small family. With a touch of retro chic and a living/dining room blessed with large windows on both sides inviting day long natural light, this appealing home is immaculately maintained and presented.

The neat kitchen provides good storage, bench space, an outlook to the rear garden and a meals area. The two generous bedrooms offer large built-in robes; the bathroom showcases pristine original tiling, there is a separate toilet and the laundry opens to the rear garden providing a green and private alfresco area and rear entry to the lock up garage.

Further features include polished floors, gas heater and two split system air-conditioners. This delightful villa offers a low maintenance entry into the property market or an astute investment within a short walk of the North Balwyn Village, tram, bus and supermarket.

- Rear 2 bedroom villa unit
- Immaculately maintained and presented
- Light filled living/dining area
- 2 spacious robed bedrooms
- Ideal for singles, couples or small families
- Walk to Village, bus and tram

Terms: 10% deposit, balance30/60 days

Land: Strata Title

Property History for 3/1 Nicholson St, Balwyn North, VIC 3104

A timeline of how this property has performed in the market
Last Sold
$792,000
27 Apr 2024
  • 27 Apr 2024
    Sold for $792,000
  • 17 Mar 2012
    Sold for $531,000
  • 10 Feb 2012
    Listed for Sale $480,000 - $530,000
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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 9,273 properties. Over the last 5 years, Houses in Balwyn North have seen a 22.69% increase in median value, while Units have seen a 15.02% increase. As at 31 August 2024:

  • The median value for Houses in Balwyn North is $2,200,738 while the median value for Units is $1,163,151.
  • Houses have a median rent of $820 while Units have a median rent of $750.
There are currently 26 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.