331 Riding RoadBalmoral QLD 4171
Property Details for 331 Riding Rd, Balmoral
331 Riding Rd, Balmoral is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 607m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (August 2023)
You can't get much closer to the food and drinks scene of Oxford Street, cute Balmoral boutiques or the leafy Hawthorne parks. This 607sq m property is primed for reinvention with an LMR2 zoning (low-medium density residential two or three-story mix) allowing for exciting redevelopment. Renovate the existing Queenslander, retain as is and construct townhouses, or retain and subdivide at the rear (STCA). Enjoy this character home and its ultimate lifestyle destination, or approach it as a potentially lucrative investment. In a popular family location, within 5km of the CBD.
* Prime 607sq m Balmoral development opportunity, with an LMR2 zoning
* Low-medium density residential two or three-storey mix within 5km of CBD
* 1940 character home with wide covered entertaining deck overlooking yard
* Gabled facade, ornate cornices, timber flooring and casement windows
* A short 300m walk to Oxford St and only 1km from Hawthorne's dining hub
* Surrounded by excellent public and private schools, 15 mins to the airport
Property History for 331 Riding Rd, Balmoral, QLD 4171
- 16 Jun 2023Sold for $1,180,000
- 26 May 2023Listed for Sale Best Offers By June 21st at 3pm
- 13 Jul 2022Listed for Sale For Sale
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0About 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 2,007 properties. Over the last 5 years, Houses in Balmoral have seen a 83.03% increase in median value, while Units have seen a 74.86% increase. As at 30 November 2024:
- The median value for Houses in Balmoral is $1,896,527 while the median value for Units is $878,283.
- Houses have a median rent of $800 while Units have a median rent of $650.
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