56 Riverside Avenue, Balwyn North, VIC 3104 | Property Value & History | OnTheHouse
OFF MARKET

56 Riverside Avenue
Balwyn North VIC 3104

Bedrooms: 5
Bathrooms: 3
Car spaces: 4
Floor area: 260m2
Land area: 1152m2
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Property Details for 56 Riverside Ave, Balwyn North

56 Riverside Ave, Balwyn North is a 5 bedroom, 3 bathroom House with 4 parking spaces and was built in 1920. The property has a land size of 1152m2 and floor size of 260m2. While the property is not currently for sale or for rent, it was last sold in May 2025.

Building Type
House
Year Built
1920
Floor Size
260m2
Land Size
1152m2
Local Government
Boroondara
Lot/Plan
373/LP6651

Last Listing description (April 2020)

Presenting beautifully understated grandeur, this 1920s gem sits quaintly on a raised block in Balwyn North's tree-laden Riverside Avenue. The stunning facade's linear Art Deco characteristics contrast well with the established front garden and cream accents, softening the home's curbside presence and striking the perfect balance between opulence and congeniality. The interior has a similar feel: grand yet homely. Divided into casual and formal living zones, a bold dark timber kitchen and spacious casual lounge area that open out to a vast backyard via period double doors make for the ideal central hub, while a separate formal lounge and dining area retain the home's sense of history and offer refined living options. The ground floor also has the convenient inclusion of a potential consult room. Situated to the left of the entrance hall, this room, in combination with the large driveway and off-street parking, affords the option of meeting clients at home without having to enter the main living areas. Upstairs, there are three bedrooms, including a master suite, as well as an impressive rooftop patio with treetop views across Balwyn. Featuring an established outdoor entertaining area with barbeque, there is also ample space for a pool and further lifestyle additions if desired. Double gates from the front of the property lead through to the back, allowing for rear car parking. With five potential bedrooms, an abundance of space, proximity to some of Melbourne's most elite schools and the Yarra River, it offers a truly unrivaled family lifestyle imbued with history and charm. Providing a Safe Environment for Open for Inspection - Inspection By Appointment only.- Limiting to one group to inspect at one time during the appointed time.- As required by Law, 1.5m Social Distancing at the property.- Please sanitise your hands prior and after inspection; sanitiser provided.- Please do not touch any surfaces, fixtures and fittings.- If you are feeling unwell, please do not attend the Open for Inspection.McGrath remains focused on the health and safety of our employees, clients, their families, and our local communities.

Property History for 56 Riverside Ave, Balwyn North, VIC 3104

A timeline of how this property has performed in the market
Last Sold
$5,500,000
17 May 2025
  • 17 May 2025
    Sold for $5,500,000
  • 15 Jul 2020
    Sold for $2,700,000
  • 07 Apr 2020
    Listed for Sale $2,800,000 - $3,000,000
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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 9,178 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, 401 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.