Back 5 Maleela Avenue
Off Market

5 Maleela Avenue

Balwyn VIC 3103

5
4
3
1109 m²
House
Scarlett HangScarlett Hang, last sold this property on 24 March 2026 after 141 days on market.

Overview

"Banong" c1929 - A Gracious Period Residence

Situated on a magnificent allotment of 1,109sqm amongst some of the areas' finest homes, this impressive two-storey family residence commands a prominent street profile in the prestigious Reid Estate, one of Melbourne's finest residential areas. Exemplifying the timeless elegance and gracious proportions of its era, this superb home is preceded by a rendered façade and a wide portico, with period attributes including leadlight glass and decorative ceilings combined with excellent facilities for formal or informal living and entertaining. The interior features polished hardwood floors through an entrance hall opening to a sitting room and adjoining dining room, a library/study or home office, downstairs bedroom and a period-style bathroom. An additional four bedrooms are situated upstairs along with two family bathrooms. A superbly appointed kitchen with a WIP, prestige Euro appliances and adjacent laundry plus the informal living and dining room connects with two decks and a pool house with a pool bathroom overlooking a large in-ground pool and half basketball court - providing a perfect backdrop for relaxing and entertaining family and friends on any scale. This superb family home also features an alarm, security front gate and video intercom entry, security cameras, OFPs, hydronic heating, R/C air conditioner, overhead fan and a Heat 'n Glo fireplace (family room), ample storage, rainwater tank, watering system and tandem carports. The Reid Estate is enviably located moments from the Balwyn Cinema, Whitehorse Road Balwyn and Deepdene shops, cafes, restaurants and surrounding parklands including Deepdene Park and the Outer Circle trails. Plus easy access to many of Melbourne's finest schools all forming a wonderful backdrop to the desirability of this home.

Features

5 bedrooms
4 bathrooms
3 carspaces
1109 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Balwyn over the last 12 months, the estimated median property value of 5 Maleela Avenue is $3.59m.

Median value
$3.59m
Estimated value range
$1.75m - $5.41m
Median days on market
31
Estimated value trend
-15%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Balwyn. 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 5 Maleela Avenue

2026
Sold
Undisclosed
Auction Sale on 24 Mar 2026 by Scarlett Hang, of Marshall White - Hawthorn Boroondara
2016
Sold
$3,805,000
Auction Sale on 04 Mar 2016 by Sam Wilkinson, of Kay & Burton Boroondara
2004
Sold
$1,571,000
Private Sale/Treaty on 21 Dec 2004

Happy sellers in Balwyn

75%
75% of sellers in Balwyn reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 51 reviews in Balwyn over the last 12 months.

Local market activity for 5 bedroom houses in Balwyn

In the last 12 months, 47 five-bedroom houses similar to 5 Maleela Avenue, have been sold.

This represents a 33% increase in five-bedroom houses sales when compared to the previous 12 months.

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