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

Location

Market Insights for Balwyn North VIC 3104

New Listings (last 30 days)

Average price

$2,780,000

Lowest price

$1,300,000

Highest price

$6,500,000

320 Doncaster Road, Balwyn North VIC 3104

$2,200,000 - $2,400,000

Search Band

$2.2M - $2.31M Transparent Based on an openly advertised listing price.

House 3 beds 1 bath 2 cars 1544 m²

Listed: 24th Jul 2026

Updated: 9 days ago

Overview

This rare offering presents a substantial 1,544 square metre landholding nestled within the prestigious Balwyn North area, a canvas primed for crafting an impressive new family residence or landmark architectural masterpiece, subject to council approval. The property’s private position, accessed via a service road from Doncaster Road and encumbered by a Single Dwelling Covenant, enhances privacy and exclusivity, ideal for buyers seeking a serene family sanctuary.

The existing home is sold in original condition, offering a unique opportunity to focus on maximising the site’s significant scale and potential rather than cosmetic refurbishments. This flexibility will appeal particularly to those intent on designing a bespoke residence tailored to individual lifestyle needs and tastes.

Location is outstanding, with the property situated within the coveted Balwyn High School Zone, ensuring access to some of Melbourne's top educational institutions. Daily conveniences are within easy reach, including Greythorn Shopping Centre’s vibrant mix of cafes, restaurants, and specialty shops, as well as North Balwyn Village, Westfield Doncaster, and various parks and reserves for recreation.

Ample parking with two driveway crossovers, enhancing access and usability.
The generous land size offers scope for extensive landscaping, outdoor living, and future development options.
Well-connected with major transport routes including trams, buses, and freeway access, supporting easy city and suburban commutes.

The combination of significant land, family-friendly zoning, and proximity to essential amenities makes this property a compelling prospect for families, builders, or investors aiming to secure a premium foothold in one of Balwyn North’s most sought-after precincts.

Local Market Insights

In Balwyn North, Quiet Listings observed 22 new houses entering the market over the last 30 days, down from 28 during the previous 30-day period, with an average advertised asking price of $2,780,000. The property type mix of listed properties is predominantly Houses at 61%, followed by townhouses (11%), and villas (8%). The most active agency for houses in the Balwyn North area is currently Ray White, representing 27% of new listings, followed by Jellis Craig with 18%. 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.