306 Riding RoadBalmoral QLD 4171
Property Details for 306 Riding Rd, Balmoral
306 Riding Rd, Balmoral is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 2024. The property has a land size of 635m2 and floor size of 275m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (March 2023)
Zoned LMR2 and located in the heart of cosmopolitan Balmoral on a generous 635sqm allotment with a 37.9m frontage, this outstanding entry level opportunity or small development site is just moments from the abundant cafes, parks, transport and schooling options of Balmoral, Bulimba and Hawthorne.
Perfectly livable and presented in good condition, the home offers a gorgeous Northern aspect with lush vegetation offering complete privacy from the street. Potential is there to continue to occupy as-is, conduct a minor cosmetic facelift or, if you are that way inclined, remove and rebuild your dream home or even develop the site. There is a current approved DA for 4 boutique apartments so the options are truly endless. Furthermore, there could be options to tweak the DA to suit an alternative outcome (STCA).
Ideally located just minutes' walk to Bulimba State School and St Peter & Paul's Primary, a short stroll to the vibrant dining and shopping of Oxford Street and so much more, you will not want to miss this opportunity.
Contact Brandon Wortley on 0447 269 591 or Daniel Lazzaroni on 0427 138 906 for further information or inspection details.
Property History for 306 Riding Rd, Balmoral, QLD 4171
- 28 Aug 2022Listed for Sale Offers Over $1,250,000
- 23 Nov 2021Listed for Rent $450 / week
- 06 Jul 2021Sold for $1,050,000
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About Balmoral 4171
The size of Balmoral is approximately 1.3 square kilometres. It has 6 parks covering nearly 4.6% of total area. The population of Balmoral in 2011 was 3,827 people. By 2016 the population was 3,900 showing a population growth of 1.9% in the area during that time. The predominant age group in Balmoral is 40-49 years. Households in Balmoral are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Balmoral work in a professional occupation. In 2011, 60.3% of the homes in Balmoral were owner-occupied compared with 61.3% in 2016.
Balmoral has 1,974 properties. Over the last 5 years, Houses in Balmoral have seen a 79.81% increase in median value, while Units have seen a 69.01% increase. As at 31 October 2024:
- The median value for Houses in Balmoral is $1,862,435 while the median value for Units is $868,349.
- Houses have a median rent of $800 while Units have a median rent of $645.
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