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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

334 Union Road, Balwyn VIC 3103

Expressions Of Interest

Search Band

$4M - $4.5M Medium Confidence Calculated based on our search observations.

House 5 beds 5 baths 4 cars

Listed: 53 days ago

Updated: 3 hours ago

Overview

This striking residence, inspired by the timeless elegance of a European villa, embodies architectural finesse and grand scale to deliver a luxurious family living experience in sought-after Balwyn. From the moment you enter through imposing double doors, the home impresses with dark European oak flooring beneath soaring ornate ceilings, setting an immediate tone of refined sophistication.

Multiple formal and informal spaces cater to diverse lifestyle needs. A formal sitting room and an executive study provide serene areas for work or quiet reflection, while a dedicated wine room enhances entertaining occasions. The expansive open-plan living and dining areas anchor a premium marble kitchen, outfitted with high-end Gaggenau appliances, integrated Liebherr refrigeration, and a comprehensive butler's pantry with a second kitchen – an ideal setup for hosting and culinary pursuits.

Effortless indoor-outdoor flow is achieved with double-glazed sliders that open to a covered alfresco terrace, complete with built-in barbecue, sink, and refrigerator facilities. These outdoor amenities overlook a private, leafy garden facing northwest, ensuring a peaceful haven for relaxation and gatherings.

Accommodation is generous and thoughtfully arranged, featuring a guest bedroom with ensuite on the ground level, while upstairs hosts a luxurious main suite with dual walk-in robes, a deluxe ensuite, and private balcony. Three additional king-sized bedrooms boast walk-in robes and ensuites, suitable for family members or guests requiring space and privacy. An expansive upstairs retreat with a kitchenette and large balcony maximizes the mountain views towards the Dandenong Ranges, creating a tranquil living zone.

Comprehensive appointments including zoned heating and cooling, double glazing, keyless entry, video intercom, security systems, LED lighting, automatic gates, and an internally accessed double garage underscore the home's blend of luxury and convenience. Proximity to East Balwyn Village, tram services, boutique shops, prestigious schools, and surrounding parklands enhances lifestyle options, making this residence a compelling choice for families seeking sophisticated, functional living in a premium location.

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 67%, followed by units (15%), and townhouses (7%). 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.