331 Riding Road, Balmoral, QLD 4171 | Property Value & History | OnTheHouse
OFF MARKET

331 Riding Road
Balmoral QLD 4171

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 113m2
Land area: 607m2
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Property Details for 331 Riding Rd, Balmoral

331 Riding Rd, Balmoral is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 607m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1940
Floor Size
113m2
Land Size
607m2
Local Government
Brisbane
Lot/Plan
11/RP60598

Last Listing description (July 2025)

You can't get much closer to the food and drinks scene of Oxford Street, cute Balmoral boutiques or the leafy Hawthorne parks. This 607sq m property is primed for reinvention with an LMR2 zoning (low-medium density residential two or three-story mix) allowing for exciting redevelopment. Renovate the existing Queenslander, retain as is and construct townhouses, or retain and subdivide at the rear (STCA). Enjoy this character home and its ultimate lifestyle destination, or approach it as a potentially lucrative investment. In a popular family location, within 5km of the CBD.

* Prime 607sq m Balmoral development opportunity, with an LMR2 zoning
* Low-medium density residential two or three-storey mix within 5km of CBD

* Renovate existing Queenslander, plus construct or subdivide at rear (STCA)
* 1940 character home with wide covered entertaining deck overlooking yard
* Gabled facade, ornate cornices, timber flooring and casement windows
* A short 300m walk to Oxford St and only 1km from Hawthorne's dining hub
* Surrounded by excellent public and private schools, 15 mins to the airport

Property History for 331 Riding Rd, Balmoral, QLD 4171

A timeline of how this property has performed in the market
Last Sold
$1,180,000
16 Jun 2023
Listed for Rent
$650/w
24 Jul 2019
  • 16 Jun 2023
    Sold for $1,180,000
  • 13 Jun 2023
    Listed for Sale Sold
  • 13 Jul 2022
    Listed for Sale For Sale
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About Balmoral 4171

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 2,013 properties. Over the last 5 years, Houses in Balmoral have seen a 68.41% increase in median value, while Units have seen a 93.57% increase. As at 31 December 2025:

  • The median value for Houses in Balmoral is $1,921,375 while the median value for Units is $983,953.
  • Houses have a median rent of $810 while Units have a median rent of $645.
There are currently 4 properties listed for sale, and 9 properties listed for rent in Balmoral on OnTheHouse. According to Cotality's data, 117 properties were sold in the past 12 months in Balmoral.

Suburb Insights for Balmoral 4171

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.