5/349 Riding Road, Balmoral, QLD 4171 | Property Value & History | OnTheHouse
OFF MARKET

5/349 Riding Road
Balmoral QLD 4171

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 71m2
Land area: 71m2
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Property Details for 5/349 Riding Rd, Balmoral

5/349 Riding Rd, Balmoral is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 71m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
1970
Floor Size
71m2
Land Size
71m2
Local Government
Brisbane
Lot/Plan
5/BUP101554

Last Listing description (September 2026)

IN-ROOM AUCTION EVENT - Thursday 1st October at 6:00pm at the Harcourts Inner East office, 4/57-59 Oxford Street, Bulimba.

Positioned in one of Brisbane's most desirable inner-east suburbs, 5/349 Riding Road presents an exciting opportunity to secure a beautifully positioned residence in the heart of Balmoral. Combining light-filled interiors, generous living space and an exceptionally convenient address, this two-bedroom home offers immediate appeal alongside outstanding potential for the future.

Whether you're searching for your first home, a well-located investment or an opportunity to renovate and add value, this is a property that delivers versatility in a tightly held location. With a practical layout, impressive sense of space and plenty of natural light, it provides an excellent foundation to enjoy now while planning for the future.

Inside, the generous open-plan living and dining zone is filled with natural light, creating an inviting sense of space rarely expected at this level of the market. The adjoining kitchen offers ample storage and functionality, with clear potential for a future update to further enhance the home. Two comfortable bedrooms with built-in robes are serviced by a spacious central bathroom, while dedicated car accommodation adds everyday convenience.

Move-in ready as it stands, yet offering genuine opportunity to elevate through a cosmetic refresh or more substantial renovation, the property allows buyers to create something truly their own. Update the kitchen and bathroom, introduce a contemporary interior palette or simply settle in and enjoy the home as it is - the choice is yours.

Features We Love:
Two generous bedrooms with built-in robes
Spacious bathroom with excellent renovation potential
Large, light-filled open-plan living and dining area
Functional kitchen with ample storage and scope to update
Dedicated single car accommodation
Abundance of natural light throughout
Practical, easy-care floorplan
Move-in ready with the ability to improve over time
Ideal opportunity for first home buyers, investors or renovators
Low-maintenance living in a highly desirable inner-east location
Excellent access to public transport, parks, cafs and local amenities

The location is a standout. Positioned within easy reach of Balmoral, Bulimba and Hawthorne's renowned lifestyle precincts, you're moments from Oxford Street's celebrated cafs, restaurants, boutiques and entertainment. Weekends can be spent exploring nearby parks and riverside precincts, enjoying the local dining scene or taking advantage of everything this highly connected pocket of Brisbane has to offer.

With excellent public transport options and convenient access to major arterial roads, commuting to the CBD and surrounding employment hubs is straightforward, while the broader inner-east continues to be one of Brisbane's most sought-after residential areas.

For buyers seeking a foothold in a premium Brisbane suburb without compromising on space, position or future potential, 5/349 Riding Road represents an increasingly hard-to-find opportunity. Comfortable today, full of possibility for tomorrow and positioned in a location buyers continue to seek out, this is one to inspect before auction day.

Image Disclaimer: Please note that some images contained within this listing have been virtually enhanced for marketing purposes. These enhancements may include the addition, removal or modification of certain features or furnishings. Prospective buyers should not rely solely on these images and are encouraged to conduct a physical inspection to satisfy themselves as to the property's features and condition.

Property History for 5/349 Riding Rd, Balmoral, QLD 4171

A timeline of how this property has performed in the market
Last Sold
$600,000
27 Nov 2024
Listed for Rent
$625/w
09 Oct 2025
  • 09 Sep 2026
    Listed for Sale Auction
  • 15 Sep 2025
    Listed for Rent $625 / week
  • 27 Nov 2024
    Sold for $600,000
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About Balmoral 4171

The size of Balmoral is approximately 1.3 square kilometres. There are 6 parks, covering nearly 4.6% of the 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 2,021 properties. Over the last 5 years, Houses in Balmoral have seen a 49.33% increase in median value, while Units have seen a 75.29% increase. As at 31 August 2026:

  • The median value for Houses in Balmoral is $2,048,720 while the median value for Units is $1,013,761.
  • Houses have a median rent of $1,025 while Units have a median rent of $700.
There are currently 26 properties listed for sale, and 3 properties listed for rent in Balmoral on OnTheHouse. According to Cotality's data, 106 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.