327 Union Road, Balwyn, VIC 3103 | Property Value & History | OnTheHouse
 
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327 Union Road
Balwyn VIC 3103

Bedrooms: 5
Bathrooms: 5
Car spaces: 4
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Last updated 12 Jan 2026
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Property Details for 327 Union Rd, Balwyn

327 Union Rd, Balwyn is a 5 bedroom, 5 bathroom House with 4 parking spaces.

Building Type
House
Local Government
Boroondara
Lot/Plan
3/PS902361

Last Listing description (August 2011)

Land opportunity - buy one or buy both

Also - 329 Union Road available with 929 sq m of extra land.

A rare opportunity for astute developers, 929 sq metres for one and a total of approx 1858 sq metres with both. Imagine the possibilities, apartments, town houses, or new home site with tennis court and swimming pool (STCA). 327 Union Road must be sold and will be offered separately following the auction of next door which is a corner property with similar dimensions. In an ideal location within walking distance to Union Road and Belmore Road buses, a choice of primary schools and parkland and close to Surrey Hills station, Balwyn East village and Westfield Doncaster shopping, private schools and sporting facilities. Existing house on 327 Union Road comprising 3 bedrooms plus study/dining/4th bedroom, lounge, a timber bathroom with a separate bath, modern timber kitchen with excellent storage and preparation areas overlooking a casual living and dining zone with timber cathedral ceilings, mountain views and glass sliding doors opening to a full-width, undercover timber deck with built-in seating. Set privately behind a high fence in low maintenance gardens with a side drive leading to a double garage.

* Ducted heating, air conditioner

* Polished timber floors, as-new carpets
* Potential apartment, multi-unit or new home site (STCA)
* Sweeping potential first floor views
* Quality local amenities
* High ceilings, decorative cornices

Terms 10% deposit, balance 30/60/90 days

Land: 20.32m x 45.73m - 929 sq m approx.

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Property History for 327 Union Rd, Balwyn, VIC 3103

A timeline of how this property has performed in the market
  • 09 Aug 2011
    Sold for $1,155,000
  • 04 May 2011
    Listed for Sale $1.25 million
  • 16 Jan 2010
    Listed for Rent $450
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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 7,483 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.

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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.

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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.

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