306 Riding Rd, Balmoral is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2024. The property has a land size of 635m2 and floor size of 275m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Zoned LMR2 and located in the heart of cosmopolitan Balmoral on a generous 635sqm allotment with a 37.9m frontage, this outstanding entry level opportunity or small development site is just moments from the abundant cafes, parks, transport and schooling options of Balmoral, Bulimba and Hawthorne.
Perfectly livable and presented in good condition, the home offers a gorgeous Northern aspect with lush vegetation offering complete privacy from the street. Potential is there to continue to occupy as-is, conduct a minor cosmetic facelift or, if you are that way inclined, remove and rebuild your dream home or even develop the site. There is a current approved DA for 4 boutique apartments so the options are truly endless. Furthermore, there could be options to tweak the DA to suit an alternative outcome (STCA).
The size of Balmoral is approximately 1.3 square kilometres. It has 6 parks covering nearly 4.6% of total area. The population of Balmoral in 2016 was 3893 people. By 2021 the population was 4173 showing a population growth of 7.2% in the area during that time. The predominant age group in Balmoral is 40-49 years. Households in Balmoral are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balmoral work in a professional occupation.In 2021, 63.20% of the homes in Balmoral were owner-occupied compared with 61.30% in 2016.
Balmoral has 2,012 properties. Over the last 5 years, Houses in Balmoral have seen a 80.29% increase in median value, while Units have seen a 94.76% increase. As at 30 November 2025:
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