5/23 Parring Road, Balwyn, VIC 3103 | Property Value & History | OnTheHouse
 
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5/23 Parring Road
Balwyn VIC 3103

Bedrooms: 1
Bathrooms: 2
Car spaces: 2
Floor area: 125m2
Land area: 281m2
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Property Details for 5/23 Parring Rd, Balwyn

5/23 Parring Rd, Balwyn is a 1 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 281m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last transferred in February 2024.

Building Type
Unit
Year Built
2002
Floor Size
125m2
Land Size
281m2
Local Government
Boroondara
Lot/Plan
5/PS444806

Last Listing description (July 2019)

Deeply rear-set on a picturesque no-through road culminating in Maranoa Gardens, this spacious townhouse flaunts beautifully bright interiors and a spectacular panorama of city views. A world away yet so handy to Whitehorse Rd trams, Balwyn Village, supermarket, boutiques and new Library, this predominantly single-level home offers an outstanding easy-care lifestyle amidst beautifully established court-gardens. Day and night, uninterrupted city views and twinkling city lights set a stunning centerpiece for the 3 bedroom/2 bathroom floorplan comprising sun-blessed living/dining areas, immaculate Miele and granite-finished kitchen and good-sized granite laundry. A full bloom of roses and lush greenery envelop the north/westerly garden terraces whilst king-sized main bedroom with twin-vanity ensuite, ducted heating, air-conditioner, double garage and zoning for highly-prized Balwyn High School cap off an exceptional offering only metres to Beckett Park and playgrounds.

Property History for 5/23 Parring Rd, Balwyn, VIC 3103

A timeline of how this property has performed in the market
Last Transferred
17 Feb 2024
  • 17 Feb 2024
    Transferred
  • 08 Jun 2019
    Sold for $1,085,000
  • 24 Apr 2019
    Listed for Sale Not Disclosed
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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, 332 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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