Back 391 Balwyn Rd
Off Market

391 Balwyn Rd

Balwyn North VIC 3104

4
2
2
702 m²
House
Last sold for $2,220,000
Aaron ZhaoAaron Zhao, last sold this property on 05 September 2025 after 25 days on market.

Overview

Prestigious Balwyn High School Zone – Expansive 702 sq m (approx.)

Set in the heart of the highly sought-after Balwyn High School zone, this generous 702 sq m (approx.) allotment delivers endless possibilities for families, renovators and developers alike. Peacefully positioned at the quieter end of Balwyn Road and only moments from the scenic Koonung Creek Trail, it offers the rare opportunity to renovate, extend, or build your dream home (STCA) in one of Melbourne’s most desirable locations. The current residence offers exceptional space and versatility, with formal living and dining rooms overlooking lush established gardens, a central entertainer’s kitchen, casual meals area and a sun-filled family room. Four generous bedrooms, each with built-in robes, are complemented by a large downstairs rumpus room, workshop, and a double lock-up garage, while ducted heating ensures comfort throughout the seasons. The appeal is further enhanced by unmatched convenience – walking distance to Balwyn High School, local shops, cafes, bus and tram routes, and just minutes to Westfield Doncaster, the Eastern Freeway and an array of elite private schools. Whether you choose to enjoy the existing home or realise your vision on this exceptional landholding, this is a blue-chip address offering prestige, position and potential. Terms: 10% deposit, balance 30/60 days

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
702 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Balwyn North over the last 12 months, the estimated median property value of 391 Balwyn Rd is $2.18m.

Median value
$2.18m
Estimated value range
$10k - $4.46m
Median days on market
26
Estimated value trend
-5%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Balwyn North. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 391 Balwyn Rd

2025
Sold
$2,220,000
05 Sep 2025 by Aaron Zhao, of Fletchers Balwyn North
2019
Sold
Undisclosed
Private Sale/Treaty on 04 Jan 2019 by Kent Chan, of VICPROP Manningham

Happy sellers in Balwyn North

79%
79% of sellers in Balwyn North reported that their sale price either exceeded or met their price expectations.

Balwyn North stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 41 reviews in Balwyn North over the last 12 months.

Local market activity for 4 bedroom houses in Balwyn North

In the last 12 months, 119 four-bedroom houses similar to 391 Balwyn Rd, have been sold.

This represents a 11% increase in four-bedroom houses sales when compared to the previous 12 months.

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