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5 Balmoral Crescent, Surrey Hills VIC 3127

For Sale $2,600,000

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$2.6M - $2.73M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 4 Cars 1356 m²

Listed: 5 days ago

Updated: 12 hours ago

Overview

This substantial Surrey Hills property offers a rare opportunity to acquire an expansive 1,356 square meter allotment in a prestigious, tightly held residential crescent. Set amid mature gardens and leafy surrounds, the land presents exceptional potential for creating a spacious, tailored family residence in a highly desirable neighborhood (subject to council approval).

The setting is both tranquil and convenient, featuring a peaceful tree-lined street that enhances privacy and ambiance. Its proximity to Surrey Hills Village and the boutique shops and cafés along Maling Road provides a vibrant local lifestyle. Access to Union Station allows straightforward public transport connections, while numerous established parks and high-quality schools surround the property, underscoring its family appeal.

With three bedrooms, a bathroom, and parking for four vehicles—including a garage and additional uncovered spaces—the existing dwelling supports comfortable living while the large land area invites redevelopment or renovation to suit contemporary family needs. The presence of an in-ground swimming pool further enhances the outdoor lifestyle possibilities.

This address particularly suits families seeking a blend of spacious grounds, established greenery, and access to top-tier education and amenities in a blue-chip setting. The opportunity to design a dream home in a peaceful but well-connected location stands as a key selling point.

Local Market Insights

In Surrey Hills, Quiet Listings observed 18 new houses entering the market over the last 30 days, up from 10 during the previous 30-day period, with an average advertised asking price of $2,757,222. The property type mix of listed properties is predominantly Houses at 56%, followed by units (19%), and commercial properties (9%). The most active agency for houses in the Surrey Hills area is currently Jellis Craig, representing 28% of new listings, followed by Marshall White with 22%. 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.