248 Balwyn Road, Balwyn North, VIC 3104 | Property Value & History | OnTheHouse
OFF MARKET

248 Balwyn Road
Balwyn North VIC 3104

Bedrooms: 5
Bathrooms: 3
Car spaces: 2
Floor area: 267m2
Land area: 1014m2
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Property Details for 248 Balwyn Rd, Balwyn North

248 Balwyn Rd, Balwyn North is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1985. The property has a land size of 1014m2 and floor size of 267m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Year Built
1985
Floor Size
267m2
Land Size
1014m2
Local Government
Boroondara
Lot/Plan
120/LP7529

Last Listing description (May 2026)

Positioned within the highly sought-after Balwyn High School Zone, this beautifully renovated family residence delivers an exceptional lifestyle opportunity in one of Melbournes most prestigious educational catchments. Set on an expansive 1,014 sqm (approx.) allotment and footsteps from the illustrious Balwyn High School, the home combines generous proportions, elevated outlooks and refined modern updates designed for contemporary family living.

Recently refreshed throughout, the interiors showcase a seamless blend of warmth and sophistication. Multiple formal and informal living and dining domains provide outstanding flexibility for growing families, while the stylishly renovated kitchenappointed with quality appliances anchors the home with both functionality and elegance. Stone surfaces, abundant storage and thoughtful finishes ensure everyday practicality meets effortless entertaining.

The homes impressive indooroutdoor connection enhances its resort-style appeal. An undercover alfresco terrace flows to a tropical poolside gazebo and lush, established gardens featuring a variety of mature fruit trees. The supersized swimming pool creates a private sanctuary ideal for entertaining or relaxed family enjoyment.

Accommodation comprises five spacious bedrooms, including a luxuriously appointed main suite, complemented by three bathrooms and a powder room, ensuring comfort for families of all sizes. The upper-level retreat captures sweeping viewsan inviting multi-purpose space perfect as a teenage retreat, home office or additional living area. Superbly located, the property is within walking distance of Balwyn High School and North Balwyn Primary School, and moments from Gordon Barnard Reserve, Boroondara Sports Complex and Hislop Park. Excellent public transport optionsincluding city trams, buses, Park + Ride facilities and convenient access to the Eastern Freewayprovide effortless connectivity. Greythorn Shopping Centre, North Balwyn Village and the Balwyn retail precinct are only minutes away.

An exceptional opportunity to secure a substantial, newly updated family home in the prized Balwyn High School Zone, offering space, lifestyle and enduring investment appeal.

ALL ENQUIRIES MUST INCLUDE A PHONE NUMBER.

Please see the below link for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist

DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.

For further information and inspection, please contact Scott Xue at 0433 493 837 or Tony Yang at 0452 199 205.

Property History for 248 Balwyn Rd, Balwyn North, VIC 3104

A timeline of how this property has performed in the market
Last Sold
$2,750,000
01 Mar 2022
  • 26 Feb 2026
    Listed for Sale Private Sale
  • 01 Mar 2022
    Sold for $2,750,000
  • 10 Feb 2022
    Listed for Sale $2,600,000 - $2,750,000
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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 9,190 properties. Over the last 5 years, Houses in Balwyn North have seen a 1.74% increase in median value, while Units have seen a 10.71% increase. As at 30 April 2026:

  • The median value for Houses in Balwyn North is $2,138,730 while the median value for Units is $1,217,606.
  • Houses have a median rent of $900 while Units have a median rent of $740.
There are currently 27 properties listed for sale, and 11 properties listed for rent in Balwyn north on OnTheHouse. According to Cotality's data, 402 properties were sold in the past 12 months in Balwyn north.

Suburb Insights for Balwyn North 3104

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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.