Balwyn North trophy home offering as Melbourne clearance rates hover

Balwyn North trophy home offering as Melbourne clearance rates hover
Balwyn North trophy home offering as Melbourne clearance rates hover

The latest luxury BALWYN NORTH offering – five bedrooms and five bathrooms at 4 Walnut Road – has $3 million plus expectations for Jellis Craig auction next weekend.

The trophy mansion includes the solar-heated indoor swimming pool accessible from the formal and informal lounge and dining zones. A big difference on what was there before. (below).

Balwyn North trophy home offering as Melbourne clearance rates hover

 

Balwyn North trophy home offering as Melbourne clearance rates hover

There's an elegant kitchen features extensive walnut-wood panels, custom-made stone bench tops and a walk-in pantry amid its 420sqm internal space.  

The 730 sqm block cost $975,000 in 2012. 

Melbourne's latest weekend clearance rate of 76% compared to 77% last weekend and 76% the same weekend last year.

There were 841 auctions reported to the REIV with Melbourne’s south-east and eastern suburbs remaining popular with buyers in the past month.

Bentleigh had the highest clearance rate in August (95%), followed by Glen Iris and Caulfield South (both 91%).

 

REIV TOP 5 HOUSES

1. 8 McEvoy Street, Kew $4,200,000

2. 45 Wentworth Avenue, Canterbury $3,360,000

3. 8 Elm Grove, Brighton $3,185,000

4. 386 Beach Road, Beaumaris $2,925,000

5. 13 Moody Street, BALWYN NORTH $2,910,000

 

REIV TOP 5 BARGAIN HOUSES

1. 13 Stipa Street, Delahey $311,000

2. 5 Spurr Street, Craigieburn $355,000

3. 2 The Glen, Carrum Downs $360,500

4. 22 Stillman Drive, Mill Park $367,500

5. 15 Thoresby Circuit, Craigieburn $368,000

 

REIV TOP 5 APARTMENTS

1. 4/103 Mathoura Road, Toorak $2,900,000

2. 6/20 Airlie Bank Lane, South Yarra $2,380,000

3. 9A Hazeldean Avenue, Brighton East $2,100,000

4. 1B Daly Road, Sandringham $1,645,000

5. 30 Highett Road, Hampton $1,540,000

 

REIV TOP 5 BARGAIN APARTMENTS

 

1. 2/47 Curlew Avenue, Altona $256,500

2. 8/190 Murrumbeena Road, Murrumbeena $265,000

3. 2/107 Clow Street, Dandenong $284,000

4. 2/9 Gerald Street, Murrumbeena $285,000

5. 8/83-85 Mickleham Road, Tullamarine $285,000

 

Source REIV

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

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Residential Sales

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