1-3 Maleela Ave, Balwyn is a 4 bedroom, 6 bathroom House with 6 parking spaces and was built in 1925. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 4 bedroom House sold in Balwyn in the last 12 months.
Beautifully positioned in the coveted Reid Estate and situated on an elevated 16,000 sq. ft. (approx.) allotment, this distinctive 1920s brick family home features an outstanding light-filled architect-designed extension, offers 10 principal rooms (5 Bedrooms) and is further enhanced by a solar heated salt-chlorinated in-ground swimming pool and established garden surrounds viewed from every room. Easy walking distance to Belmont Park, Whitehorse Road tram and several private schools.
Comprises: Large Terrazzo front verandah, formal entrance hall, elegant formal Livingroom flowing to a spacious Diningroom with parquetry flooring and bay windows, Sunroom/Study, 5 Bedrooms (main with ensuite), powder room, family bathroom, well-appointed Emporite Kitchen with granite benchtops and adjacent Meals area/expansive Familyroom (OFP) orientated to capture the northern sun and overlooking private rear garden and pool.
Features: Impressive period detail, gas ducted heating, monitored alarm, wired for surround sound, remote-controlled double garage and automatic watering system.
The size of Balwyn is approximately 4.4 square kilometres. It has 19 parks covering nearly 5.0% of total area. The population of Balwyn in 2016 was 13312 people. By 2021 the population was 13495 showing a population growth of 1.4% in the area during that time. The predominant age group in Balwyn is 10-19 years. Households in Balwyn are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balwyn work in a professional occupation.In 2021, 69.30% of the homes in Balwyn were owner-occupied compared with 71.20% in 2016.
Balwyn has 7,481 properties. Over the last 5 years, Houses in Balwyn have seen a 19.50% increase in median value, while Units have seen a 6.48% increase. As at 31 December 2025:
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