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Sold on 31 Aug 2024 for $3,375,000

5 Echo Avenue
Balwyn North VIC 3104

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 301m2
Land area: 753m2
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Property Details for 5 Echo Ave, Balwyn North

5 Echo Ave, Balwyn North is a 4 bedroom, 2 bathroom House and was built in 1970. The property has a land size of 753m2 and floor size of 301m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Balwyn North in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
301m2
Land Size
753m2
Local Government
Boroondara
Lot/Plan
1/TP93951

Last Listing description (September 2024)

Watch the auction live here: https://heavyside.co/live-auction/

THE PROPERTY
Rising to a new level of sophistication, this stylishly renovated four-bedroom plus study home offers a lifestyle dream for discerning families. Resting on a generous 753 sqm approx. landscaped block in the prized Balwyn High zone, the home is impressive from the outset, with three separate living areas spread across the ground floor, including an elegant fireside formal lounge and tranquil sitting room.

Centrally positioned, the huge open plan living and dining zone flaunts tall ceilings, skylights, gas-log fireplace and a wall of bifold doors opening up to the stunning alfresco deck and resort-style saltwater pool, a haven for entertainment and relaxation. Connoisseur's will relish the deluxe kitchen complete with marble countertops, butler's pantry and a suite of premium appliances, while a home office, laundry and guest powder room offer further space and convenience downstairs.

Plush accommodation abounds on the first floor, with the lavish main bedroom boasting walk-in robe with bespoke cabinetry, and double vanity ensuite with rainhead shower and herringbone feature tiling, while three additional bedrooms include built-in robes and share the family bathroom. Rounding out the long list of enticing inclusions, American oak timber flooring, ducted heating and refrigerated cooling, motorised blinds and double garage.

THE FEATURES
- Stylishly renovated four-bedroom, two-bathroom family home
- Guest powder room
- Features three luxe living spaces on the ground floor
- Huge open plan living zone with high ceilings & skylights
- Deluxe kitchen flaunts marble countertops & premium appliances
- Plush main bedroom with walk-in robe & elegant dual vanity ensuite
- Three further bedrooms include BIRs and share the family bathroom
- Stunning alfresco deck overlooking resort-style saltwater pool
- Double garage with ample additional off-street parking
- Ducted heating, refrigerated cooling & split systems

THE LOCATION
Enjoying a dream location in the sought-after Balwyn High school zone, just steps from the Koonung Creek Reserve and walking trail, close to shops, cafes, golf courses and parkland. Walking distance to buses, trams and local schools including Boroondara Park Primary and Balwyn High, plus easy access to the Eastern Freeway.

THE TERMS: 90|120

Property History for 5 Echo Ave, Balwyn North, VIC 3104

A timeline of how this property has performed in the market
Last Sold
$3,375,000
31 Aug 2024
  • 31 Aug 2024
    Sold for $3,375,000
  • 06 Aug 2024
    Listed for Sale Not Disclosed
  • 27 Jul 2016
    Sold for $1,675,000
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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 9,272 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 23 properties listed for sale, and 12 properties listed for rent in Balwyn north on OnTheHouse. According to CoreLogic's data, 374 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.