241 Balwyn Road, Balwyn North, VIC 3104 | Property Value & History | OnTheHouse
 
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241 Balwyn Road
Balwyn North VIC 3104

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Last updated 5 Jan 2026
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Property Details for 241 Balwyn Rd, Balwyn North

241 Balwyn Rd, Balwyn North is a 2 bedroom, 1 bathroom House with 1 parking spaces.

Building Type
House
Local Government
Boroondara
Lot/Plan
67/LP10676

Last Listing description (July 2025)

A lucrative development site just metres from Balwyn High

Representing a truly rare opportunity to acquire an impressive residential allotment of 603 sq m approx. within metres of prestigious and locally zoned Balwyn High School, this completely untouched two bedroom home awaits your architectural vision.

Harness the untapped potential by designing and constructing either a high-end luxury residence for your family or top-tier townhouses (STCA) in this highly sought-after locale.

An easy walk to Balwyn North Primary School and the Doncaster Road tram that travels to Kews renowned private schools and the city, live steps from Hislop Park, Gordon Barnard Reserve and Boroondara Sports Complex. Conveniently close to many mouth-watering eateries in Greythorn Village, Belmore Heights Village and Balwyn Village.

* Original two bedroom clinker brick home
* In the Balwyn High School zone
* On 603 sq m approx.
* Build a luxury residence or premium townhouses (STCA)
* Walk to Balwyn High and Balwyn North Primary School
* Metres from the tram to private schools and the city

Terms: 10% deposit, balance 30/60 days

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Property History for 241 Balwyn Rd, Balwyn North, VIC 3104

A timeline of how this property has performed in the market
  • 08 Apr 2024
    Listed for Sale $1,700,000
  • 18 Jul 1992
    Listed for Rent - Price not available
  • 13 Nov 1982
    Listed for Sale Not Disclosed
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About Balwyn North 3104

The size of Balwyn North is approximately 9.1 square kilometres. It has 20 parks covering nearly 15.7% of total area. The population of Balwyn North in 2016 was 20406 people. By 2021 the population was 21302 showing a population growth of 4.4% in the area during that time. The predominant age group in Balwyn North is 10-19 years. Households in Balwyn North are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balwyn North work in a professional occupation.In 2021, 78.10% of the homes in Balwyn North were owner-occupied compared with 78.40% in 2016.

Balwyn North has 9,198 properties. Over the last 5 years, Houses in Balwyn North have seen a 13.61% increase in median value, while Units have seen a 16.38% increase. As at 31 December 2025:

  • The median value for Houses in Balwyn North is $2,220,619 while the median value for Units is $1,225,143.
  • Houses have a median rent of $880 while Units have a median rent of $700.
There are currently 17 properties listed for sale, and 8 properties listed for rent in Balwyn north on OnTheHouse. According to Cotality's data, 376 properties were sold in the past 12 months in Balwyn north.

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Cotality Copyright and Legal Disclaimers about Property Data

© 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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