Balwyn the home of Melbourne's third most expensive houses: REIV

Balwyn the home of Melbourne's third most expensive houses: REIV
Balwyn the home of Melbourne's third most expensive houses: REIV

Melbourne's most expensive home reported over the weekend was sold pre-auction at Balwyn, according to the REIV.

The property at 66 Gordon St, Balwyn was sold for $4.8 million through James Huang of Phillip Webb Doncaster. 

The six bedroom contemporary home last traded for $3.3 million in 2009. 

The French provincial residence sits on a 724 sqm block on one of Balwyn's most exclusive streets, a short walk to transport and numerous prestigious schooling options.

The estate includes two gated driveways, manicured gardens and a sandstone courtyard accompanied by an alfresco deck and pool.

The finishes include a timber and iron staircase, open fire lounge and Feng-Shui elements.

Balwyn sits third among the 87 suburbs in Melbourne that had a median house price in excess of a million dollars in September quarter 2015, according to the REIV. 

 

Suburb Sep-15 Median
TOORAK $3,950,000
CANTERBURY $2,430,500
Balwyn $2,281,000
BRIGHTON $2,222,500
ARMADALE* $2,185,000
KEW $2,080,000
HAWTHORN $2,053,000
Mont Albert* $2,035,000
MALVERN* $1,985,000
CAMBERWELL $1,883,000
PORTSEA* $1,875,000
SURREY HILLS $1,865,000
Balwyn North $1,855,000
Eaglemont* $1,850,000
Caulfield North $1,841,000
South Yarra $1,800,000
Glen Iris $1,785,000
ALBERT PARK $1,747,500
Ivanhoe East* $1,745,000
HAMPTON* $1,725,500
CAULFIELD* $1,712,000
SANDRINGHAM* $1,670,000
HAWTHORN EAST $1,661,250
Mont Albert NORTH* $1,650,000
MCKINNON* $1,630,000
BRIGHTON EAST $1,625,000
KEW EAST $1,618,000
BLACK ROCK* $1,600,000
Malvern East $1,600,000
BOX HILL* $1,574,000
ELWOOD* $1,540,000
ASHBURTON* $1,485,000
ORMOND* $1,460,000
PARK ORCHARDS* $1,445,750
Alphington* $1,430,000
BEAUMARIS $1,410,000
St Kilda East* $1,382,500
MOUNT WAVERLEY $1,380,000
Elsternwick* $1,375,000
FITZROY* $1,363,000
BLACKBURN $1,330,000
IVANHOE $1,330,000
Donvale $1,325,000
GLEN WAVERLEY $1,319,000
Templestowe $1,316,000
PORT MELBOURNE $1,305,000
DONCASTER $1,298,000
CARNEGIE* $1,292,500
ASHWOOD* $1,290,000
PRAHRAN $1,290,000
CARLTON* $1,271,000
BALACLAVA* $1,268,000
MURRUMBEENA* $1,257,500
Bentleigh $1,255,000
Caulfield South $1,235,000
Doncaster East $1,232,000
Fitzroy North* $1,228,000
BURWOOD $1,222,500
CARLTON NORTH* $1,222,000
WINDSOR* $1,215,000
Box Hill South $1,207,500
ST KILDA* $1,206,000
Aberfeldie* $1,203,750
CLIFTON HILL* $1,200,000
PLENTY* $1,200,000
HUGHESDALE* $1,195,000
NORTHCOTE $1,138,900
Oakleigh East* $1,137,000
ESSENDON $1,133,794
BOX HILL NORTH $1,132,000
HEIDELBERG* $1,120,000
FAIRFIELD* $1,106,250
RICHMOND $1,102,500
CLAYTON* $1,100,000
WILLIAMSTOWN $1,100,000
Bentleigh EAST $1,085,000
STRATHMORE* $1,080,250
OAKLEIGH* $1,065,500
NORTH MELBOURNE* $1,065,000
BULLEEN* $1,055,500
Templestowe LOWER $1,044,750
VERMONT SOUTH $1,040,000
BLACKBURN NORTH* $1,039,500
South Melbourne* $1,035,000
MOONEE PONDS $1,020,000
Burwood East* $1,004,000
Blackburn South $1,000,000

Source REIV 

 

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

Tags: 
Balwyn Residential Sales

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