298 Union Rd, Balwyn is a 5 bedroom, 2 bathroom House with 4 parking spaces and was built in 1920. The property has a land size of 1088m2 and floor size of 301m2. While the property is not currently for sale or for rent, it was last sold in March 2015.
Elevated prestige allotment framed by immaculate fountain-gardens, this exceptional 1920's home is a beautifully established family environment. Offering the potential to move in, rent out or redevelop (STCA). Generous in size and flexible in nature, the charm-filled Living spaces of this 5 Bedroom/2 bathroom home with superb timber lined Foyer introducing fireside Lounge/Dining, garden-aspect Sunroom, huge Familyroom plus peaceful Sitting/Library. Effortless poolside entertaining with family-wise Euro Kitchen/Meals areas spilling onto the sheltered deck and luxuriant pool/garden setting, dual car access front and rear (carport and ample OSP via ROW). Period features include diamond leadlights, solid timbers, high ceilings, ducted heating, air-conditioners, water tanks, security system and excellent access to Mont Albert Primary, Fintona Girls School, Camberwell Grammar Schools and leading private schools via 109 tram; Mont Albert Park, Surrey Hills Train Station, bus, local shops and the vibrant Balwyn shopping precint.
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 7,483 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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