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

349 Union Road
Balwyn VIC 3103

Bedrooms: 6
Bathrooms: 3
Car spaces: 4
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Property Details for 349 Union Rd, Balwyn

349 Union Rd, Balwyn is a 6 bedroom, 3 bathroom House with 4 parking spaces and was built in 1939. While the property is not currently for sale or for rent, it was last sold in April 2017.

Building Type
House
Year Built
1939
Local Government
Boroondara
Lot/Plan
1/TP225182

Last Listing description (January 2026)

Period charm with modern sophistication - with no heritage overlays.

Luxury Listing: Number 349 Union Road, Balwyn.
Experience the epitome of elegance at Number 349 Union Road, a residence that masterfully marries period charm with modern sophistication. This impeccable home stands as a testament to luxury living, showcasing six expansive bedrooms, three exquisitely designed bathrooms, and multiple refined living spaces that respect the home's historic character.
Spanning two levels, the upper floor is dedicated to four generously sized bedrooms, all centred around a central living area equipped with a full home cinema and discreet storage solutions.

The lower level houses the magnificent master suite, featuring plush carpets, a beautifully framed bay window, and an air of sophistication akin to a high-end hotel. Accompanying the master suite is a contemporary ensuite and a grand dressing room. This level also boasts a second bedroom that provides convenient access to a modern bathroom complete with a bath. Adjacent to the bedrooms and foyer sits a large study/office with built in storage space.
At the rear of the property, the main living areas are designed to enjoy serene views over lush gardens and the surrounding areas. The gourmet kitchen is a culinary dream, highlighted by a large island bench, top-of-the-line integrated appliances including a Liebherr refrigerator, and a walk-in pantry. This kitchen is sure to delight even the most discerning home chef.
Adjacent to the kitchen is a casual dining area, complemented by a formal living room, a formal dining room adorned with a Waterford Crystal chandelier, and an informal lounge featuring bespoke European Oak panelling and a Cheminees Philippe fireplace. Beautiful French doors lead to the terrace, an all-weather entertaining space under a spectacular conservatory-style glass ceiling, equipped with automatic sun blinds.
The terrace overlooks a heated pool and meticulously landscaped English gardens, highlighted by stacked stone garden walls and thoughtfully chosen feature trees, all maintained by an automatic irrigation system. Additional highlights of this remarkable property include a large separate laundry, double garage, workshop, ducted heating, vacuum systems, and reverse-cycle cooling.
Situated on a generous block (~2060 m2), this property is conveniently located near Box Hill Central and offers proximity to some of Melbourne's premier private schools, including MLC, Camberwell Girls Grammar, Camberwell Grammar, Trinity Grammar, Ruyton Girls School, and Carey Baptist Grammar School. Accessibility to the M3 Freeway and a myriad of local amenities further enhances its appeal.
This stylish property does not have heritage overlays and is ideal to occupy now along with future development opportunities (STCA).
For inquiries and inspection, please contact Thomas Wong on 0411 471 898. Private inspection can be arranged. Don't miss the opportunity to make this extraordinary residence your home.

Property History for 349 Union Rd, Balwyn, VIC 3103

A timeline of how this property has performed in the market
Last Sold
$4,800,000
09 Apr 2017
  • 15 Jan 2026
    Listed for Sale $6,100,000 - $6,500,000
  • 05 Aug 2025
    Listed for Sale $6,500,000 - $7,000,000
  • 09 Apr 2017
    Sold for $4,800,000
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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.

Suburb Insights for Balwyn 3103

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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.