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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location
Market Insights for Balwyn VIC 3103
New Listings (last 30 days)
19
Average price
$3,918,421
Lowest price
$1,300,000
Highest price
$13,000,000
Other properties in this postcode

23 Banool Road, Balwyn VIC 3103

$5,900,000 - $6,300,000

Listed: 2 days ago
Overview

This architect-designed residence at 23 Banool Road, Balwyn, stands as a testament to contemporary luxury and exceptional craftsmanship across three thoughtfully planned levels. Its bold exterior, featuring a fusion of dark metal cladding and stone-look panelling, invites residents and guests into a uniquely sculptural space filled with natural light streaming through expansive, floor-to-ceiling glazing.

The home's dramatic use of structural curves and soaring ceilings creates a compelling architectural statement, enhanced by custom chandeliers and a floating staircase that face expansive north-facing windows. This light-filled design ensures a welcoming ambiance that permeates all living areas.

The accommodation includes six bedrooms, all with ensuite access, plus a dedicated study and two powder rooms, catering admirably to families and those requiring flexible spaces for extended guests or work from home setups. The ground-floor guest suite provides privacy and convenience for visitors or multigenerational living.

At the heart of the home, a double-height void and a star-gazing glass ceiling frame the open-plan dining and family rooms, establishing a dramatic yet comfortable hub for daily living and entertaining. The gourmet kitchen showcases a backlit island, full-height fluted cabinetry, and a garden-facing splashback window, outfitted with premium appliances including PITT gas burners, a Wolf oven, and a Sub-Zero fridge/freezer. A secondary kitchen or butler's pantry adds practical preparation and storage space.

Indoor-outdoor connectivity is seamless with double sliding doors and bi-folds opening onto a fully decked alfresco area, which features a sunken fire pit, six-person sauna, and a covered outdoor kitchen — perfect for year-round social gatherings amid a serene meditation garden with inviting north-facing seating.

The upper level showcases the spectacular main bedroom, complete with his and hers dressing rooms, a private balcony, and a luxurious dual-vanity ensuite with a circular fluted bath and emerald stone finishes. The bathrooms throughout the home are appointed with high-quality Villeroy & Boch fixtures, underscoring the home's attention to detail and quality.

Additional lifestyle amenities include a commercial-style bar, a premium wine cellar, and a home theatre with a star-lit ceiling and advanced sound and projection systems, ideal for private screenings and entertaining. Year-round comfort is assured with multi-zoned central heating and air-conditioning. Practicality is also evident in the six-car basement garage, which benefits from removable tiling and custom hexagonal lighting.

Located close to parks such as Beckett Park and Maranoa Gardens, and within easy reach of local shopping precincts, transport options including the 109 tram, and reputable schools, this property offers both exceptional lifestyle and convenience in a highly regarded Balwyn neighbourhood.

Local Market Insights

In Balwyn, Quiet Listings observed 19 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 $3,918,421. The property type mix of listed properties is predominantly Houses at 63%, followed by units (13%), and townhouses (10%). The most active agency for houses in the Balwyn area is currently Jellis Craig, representing 37% of new listings, followed by Ray White with 16%. 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.