31 Banool Road, Balwyn, VIC 3103 | Property Value & History | OnTheHouse
 
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31 Banool Road
Balwyn VIC 3103

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
Floor area: 231m2
Land area: 822m2
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Property Details for 31 Banool Rd, Balwyn

31 Banool Rd, Balwyn is a 4 bedroom, 2 bathroom House with 4 parking spaces and was built in 1975. The property has a land size of 822m2 and floor size of 231m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
House
Year Built
1975
Floor Size
231m2
Land Size
822m2
Local Government
Boroondara
Lot/Plan
1/TP449208

Last Listing description (June 2022)

This property is open for inspection. In accordance to Victorian Government requirements, only fully vaccinated people will be able to attend the open for inspection/and auction for this property.

A compelling prospect in a quiet tree lined street just a short stroll from Whitehorse Road, trams, Beckett Park and Maronoa Botanical Gardens, this circa 1970s home is full of promise for the renovator, new family home builder or dual occupancy developer (STCA). Surrounded by an elevated level allotment of some 822 sqm (approx.) there's significant scale and scope to provide rich rewards whatever your chosen path. Original proportions retain with high, wood panel pitched ceilings before previously extended proportions step out to an impressively deep sunny rear garden with preferred North West orientation. With a 15m (approx.) frontage to Banool Road providing an exciting choice to either retain and renovate or start new beginnings with a brand new luxury home in this popular family pocket close to leading local and private schools, Balwyn Shopping Centre, cafes and restaurants, and Mailing Road only moments away. Zoned to Chatham Primary School and Balwyn High School.

Property History for 31 Banool Rd, Balwyn, VIC 3103

A timeline of how this property has performed in the market
Last Sold
$2,475,000
14 Jan 2022
Listed for Rent
$630/w
21 Sep 2016
  • 14 Jan 2022
    Sold for $2,475,000
  • 24 Nov 2021
    Listed for Sale Contact Agent
  • 12 Sep 2016
    Listed for Rent - Price not available
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About Balwyn 3103

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 7,490 properties. Over the last 5 years, Houses in Balwyn have seen a 14.79% increase in median value, while Units have seen a 9.52% increase. As at 28 February 2026:

  • The median value for Houses in Balwyn is $2,796,100 while the median value for Units is $901,568.
  • Houses have a median rent of $950 while Units have a median rent of $600.
There are currently 19 properties listed for sale, and 5 properties listed for rent in Balwyn on OnTheHouse. According to Cotality's data, 341 properties were sold in the past 12 months in Balwyn.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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