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).
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