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Location

Market Insights for Balwyn VIC 3103

New Listings (last 30 days)

Average price

$3,983,333

Lowest price

$1,300,000

Highest price

$13,000,000

2 Winmalee Road, Balwyn VIC 3103

Expressions Of Interest

Search Band

$3.3M - $3.63M High Confidence Calculated based on strong search observations.

House 5 beds 3 baths 2 cars 987 m²

Listed: 27th Jul 2026

Updated: 8 days ago

Overview

Situated on a generous 987sqm allotment in one of Balwyn's most prestigious streets, this single-level home represents a truly exceptional opportunity for families prioritising comfort, space, and an elite educational catchment. Its balanced design maximises natural light throughout the space, offering five sizable bedrooms and three bathrooms, ideal to accommodate growing families or those who value flexible living arrangements.

Multiple formal and informal living zones enhance the adaptability of the home, supporting a harmonious blend of private family life and entertaining. A standout feature is the seamless integration of indoor and outdoor areas via a covered alfresco pavilion, extending the living space while encouraging year-round outdoor enjoyment.

The rear garden boasts established greenery and a sparkling swimming pool, creating a serene and private oasis perfect for relaxing or hosting gatherings. The outdoors offers children a secure environment to play, contributing to the property's family-friendly appeal.

Location is a key asset here, with proximity to top-tier Balwyn Primary and High Schools, as well as various reserves, local shops, cafes, and convenient transport links to the city. This balances an attractive lifestyle with strong educational prospects and daily conveniences.

This property not only offers immediate livability but also holds promising potential for renovation, extension, or redevelopment (subject to council approval), making it a versatile investment in a blue-chip locale.

Local Market Insights

In Balwyn, Quiet Listings observed 18 new houses entering the market over the last 30 days, up from 15 during the previous 30-day period, with an average advertised asking price of $3,983,333. The property type mix of listed properties is predominantly Houses at 69%, followed by units (15%), and townhouses (8%). The most active agency for houses in the Balwyn area is currently Jellis Craig, representing 39% of new listings, followed by Ray White with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.