**SOLD**One of Balwyn North’s Finest Opportunities

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57 Sutton Street, Balwyn North VIC 3104

$2,500,000 - $2,700,000

Search Band Search Visibility Band

$2.5M - $2.63M Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 838 m²

Listed: 8 hours ago

Overview

This prime residential offering is located on one of Balwyn North's most prestigious and tightly held streets within the highly sought-after Balwyn High School zone. The property presents a rare opportunity to build a landmark family home, with a generous 838 square meter allotment and approximately 18.3 meters frontage, surrounded by other established prestige residences.

The existing single-level family home is well maintained, featuring a spacious and light-filled layout. It includes an inviting entry hall, a generous formal living room overlooking leafy gardens, a sizable dining area, and a retro kitchen/meals area. The accommodation comprises three substantial bedrooms with built-in robes, complemented by a central bathroom and a separate laundry.

This address is ideal for families looking for blue-chip education zoning combined with future potential (STCA) for luxury redevelopment. Convenient access is available to multiple transportation options including the Eastern Freeway, Bulleen Park and Ride, and bus and tram services along Doncaster and Balwyn Roads providing direct routes to Melbourne's CBD and prominent private schools. Nearby facilities cater to lifestyle and leisure with numerous parks, sporting fields, walking tracks, and recreational amenities such as Hislop Reserve, the Koonung Trail, and the Boroondara Sports Complex.

Whether the preference is to move in, lease out, renovate or build new (subject to council approval), this parcel of land provides an exceptional foundation in a highly desirable location.

Local Market Insights

In Balwyn North, Quiet Listings observed 40 new houses entering the market over the last 30 days, up from 20 during the previous 30-day period, with an average advertised asking price of $2,815,250. The property type mix of listed properties is predominantly Houses at 82%, followed by townhouses (10%), and units (4%). The most active agency for houses in the Balwyn North area is currently Fletcher's Real Estate Wollongong, representing 30% of new listings, followed by Jellis Craig with 13%. 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.