SOLD
Sold on 15 Nov 2023 for $1,750,000

5 Jocelyn Avenue
Balwyn North VIC 3104

Bedrooms: 3
Bathrooms: 4
Car spaces: 2
Floor area: 106m2
Land area: 874m2
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Daiman Kane
Fletchers Balwyn North
Suki Zhuang
Fletchers Balwyn North
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Property Details for 5 Jocelyn Ave, Balwyn North

5 Jocelyn Ave, Balwyn North is a 3 bedroom, 4 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 874m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Balwyn North in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
106m2
Land Size
874m2
Local Government
Whitehorse
Lot/Plan
23/LP43009

Last Listing description (December 2023)

An extraordinary opportunity to invest in your future - plans and permit for 2 luxury houses, with this unique allotment in the tranquil and treed Koonung Creek Linear Park locality offering the promise of a lifetime. Situated in an outstanding position on the bend of Jocelyn Ave, this exceptional 874 sq m (approx.) block comes with plans and permit for two contemporary homes, each with 4-5 bedrooms and 4 living zones offering luxury accommodation over 3 levels. Both luxury homes are designed by renowned CHT Architects, with Home No 1, a Frank Lloyd Wright inspired design.

Lot 1: $1,250,000
Plans for Home No 1 with an impressive wide frontage on a 500 sq m (approx.) lot comprise lower-level rumpus/family living and master suite (1) with a tranquil paved alfresco and garden area. Ground level rumpus/family living, living/dining/kitchen with walk-in pantry, study space, powder room, laundry, garage and paved alfresco area. First floor living area, master suite (2), 2 further bedrooms and family bathroom.

Lot 2: $950,000 - $1,045,000
Plans for Home No 2 on a 374 sq m (approx.) lot comprise lower-level rumpus/family living and garage. Ground level rumpus/family living, living/dining/kitchen with walk-in pantry, master bedroom suite (1), powder room, laundry and paved alfresco area. First floor living area, master suite (2), 2 further bedrooms and family bathroom. Serviced by a personal lift.

In the Koonung Secondary College Zone close to primary schools and just a quick drive to the shops, cafes and supermarket of Balwyn East Shopping Centre on Belmore Road, as well as Greythorn shops on Doncaster Road. There are bus services to Box Hill, Westfield Doncaster and the CBD, with Park & Ride, Eastern Freeway and Greythorn Park also easily accessible.

* A unique 874 sq m (approx.) allotment in tranquil surrounds
* Approved plans for 2 new luxury homes
* 3 level, family friendly floorplans
* 4-5 bedroom, 4 living zones, 3 bathroom and powder room accommodation
* A personal lift services Home No 2

Terms: 10% deposit, balance 60 days

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

A timeline of how this property has performed in the market
Last Sold
$1,750,000
15 Nov 2023
  • 15 Nov 2023
    Sold for $1,750,000
  • 29 Sep 2023
    Listed for Sale Not Disclosed
  • 01 May 2017
    Sold for $1,425,000
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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 25.35% increase in median value, while Units have seen a 9.24% increase. As at 31 July 2024:

  • The median value for Houses in Balwyn North is $2,167,217 while the median value for Units is $1,099,568.
  • Houses have a median rent of $800 while Units have a median rent of $750.
There are currently 26 properties listed for sale, and 14 properties listed for rent in Balwyn north on OnTheHouse. According to CoreLogic's data, 378 properties were sold in the past 12 months in Balwyn north.

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