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Overview
Situated in an exclusive and well-established family precinct of Balwyn, this expansive 982 square metre flat land parcel offers a commanding position with spectacular views and a north-facing rear yard that perfectly harnesses natural light. The generous dimensions and elevated outlook provide a prime foundation for the development of a luxurious bespoke residence tailored to the discerning buyer’s vision.
The property's outstanding location ensures a harmonious blend of lifestyle convenience and tranquil living, framed by prestige homes along a peaceful, tree-lined street. Its proximity to Whitehorse Road shopping precinct, Balwyn High School zone, Westfield Doncaster, and a variety of cafés, parklands, and public transport enhances its allure, making it an exceptional opportunity for families eager to establish a refined residence in a sought-after area.
This remarkable block suits those looking to create a sophisticated, multi-level family home, potentially featuring basement garaging, expansive living spaces ideal for entertaining, and resort-style outdoor amenities complemented by landscaped gardens. The potential for bespoke design ensures the creation of a residence that maximises both lifestyle and long-term capital appeal within this blue-chip locale.
Local Market Insights
In Balwyn, Quiet Listings observed 2 new parcels of land entering the market over the last 30 days, with an average advertised asking price of $3,375,000. The property type mix of listed properties is predominantly Houses at 42%, followed by units (23%), and apartments (23%). Marshall White was the most active agency in this area, representing 50.0% of all new listings in the last 30 days. 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.
Location
Balwyn VIC 3103
Market Insights for Balwyn VIC 3103
Other properties in this postcode
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
