324 Union Road, Balwyn, VIC 3103 | Property Value & History | OnTheHouse
OFF MARKET

324 Union Road
Balwyn VIC 3103

Bedrooms: 5
Bathrooms: 5
Car spaces: 2
Floor area: 426m2
Land area: 600m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 12 Jan 2026
Low

High
Save

Property Details for 324 Union Rd, Balwyn

324 Union Rd, Balwyn is a 5 bedroom, 5 bathroom House with 2 parking spaces and was built in 2016. The property has a land size of 600m2 and floor size of 426m2. While the property is not currently for sale or for rent, it was last sold in January 2024.

Building Type
House
Year Built
2016
Floor Size
426m2
Land Size
600m2
Local Government
Boroondara
Lot/Plan
30/LP6810

Last Listing description (January 2024)

Inspections by Appointment Only

A truly breath-taking celebration of free-flowing space and uncompromising quality, this state-of-the-art, five bedroom, five bathroom residence is exclusively situated near Belmore Road's popular cafe and shopping village. A grand and imposing facade provides the perfect introduction to the magnificently modern, open and airy alfresco flow within - all of which is ideal for proud home entertaining.

Instantly engaging, the home's broad entrance hall reveals Herringbone-style Oak flooring as it flows past a broad gas-heated lounge / dining. At the rear of the home and appointed with a suite of Miele appliances, plenty of marble bench space and premium soft close cabinetry, the kitchen oversees vast open-plan living and family meals, all with seamless connection through concertina doors to an undercover outdoor living area that is warmed by a fireplace and appointed with another kitchen to delight entertainers.

Climb a sweeping staircase with wrought iron balustrades to discover another upstairs living area / retreat and an inspired open study that has been completed with a triple station built-in desk. Also upstairs, the four main bedrooms each enjoy fully-tiled ensuites and walk-in robes - the main bedroom's ensuite with an oversized shower and independent spa bath - whilst downstairs, the guest / fifth bedroom enjoys built-in robe storage and semi-ensuite access to the home's fifth bathroom.

Further highlights of this immaculately crafted boutique home include an internally accessed double garage with additional secure driveway parking, plus there is secure keyless entry, CCTV surveillance, central reverse cycle heating and air conditioning as well as split systems in each bedroom and a huge amount of storage including the home's super-sized laundry.

Zoned for Mont Albert Primary School and convenient to such a diversity of elite private schools, the home is just moments from Whitehorse Road's cafes, dining, shopping, cinemas and city-bound trams, plus you have Beckett Park around the corner and Box Hill Central Shopping Centre within easy reach as well.

Property History for 324 Union Rd, Balwyn, VIC 3103

A timeline of how this property has performed in the market
Last Sold
$3,280,000
16 Jan 2024
Listed for Rent
$1.80k/w
28 Apr 2022
  • 16 Jan 2024
    Sold for $3,280,000
  • 29 Aug 2023
    Listed for Sale $3,380,000
  • 16 Mar 2022
    Listed for Rent $1,800 / week
Sign in to see more transactions
Commute Calculator

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 7,483 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:

  • The median value for Houses in Balwyn is $2,841,737 while the median value for Units is $876,360.
  • Houses have a median rent of $950 while Units have a median rent of $600.
There are currently 16 properties listed for sale, and 10 properties listed for rent in Balwyn on OnTheHouse. According to Cotality's data, 333 properties were sold in the past 12 months in Balwyn.

Suburb Insights for Balwyn 3103

Market Insights
Balwyn Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Balwyn Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.