Back 1 & 2/317 Belmore Road
Off Market

1 & 2/317 Belmore Road

Balwyn North VIC 3104

3
2
3
886 m²
House
Last sold for $900,000
Daiman KaneDaiman Kane, last sold this property on 11 July 2025 after 17 days on market.

Overview

Unique Two Home Development: So Many Options

A rare offering for a resourceful buyer with two homes in the Balwyn High School Zone, each on their own title on a subdivided block, to be sold together. Both are 1990s era residences in comfortably liveable condition with scope for either minor cosmetic refreshment or major modernisation to the innovatively designed floorplans. The options include to retain one home and renovate to sell the other; renovate and sell both; re-build a pair of luxury townhouses on the subdivided block; build a substantial prestige home (all STCA), or to retain as a multi-generational family compound or astute investment. An exciting opportunity for a visionary developer/builder/renovator/investor or family purchaser. The front home is a single level 3 bedroom, 2 bathroom plus powder room home, suitable as a low maintenance scale-down or first family home with a front carport, rear garage and private alfresco deck. The rear home is of stylish 3 bedroom, 2 bathroom, split level design, featuring a double-height open living area, separate study/reading room, 2 mezzanine level bedrooms, a further ground level bedroom and separate retreat, plus a smart, well-equipped kitchen and meals area. There is huge potential to reinstate the lifestyle bonus of the north-facing alfresco deck/spa area. Zoned for the sought-after Balwyn High School, and Greythorn Primary School just around the corner. Balwyn East shops and cafes, CBD and local bus services, Boroondara Sports Complex, Gordon Barnard Reserve and Greythorn Park are all within easy walking distance. Minifie Park, playground and Goodstart Early Learning are just across the road, and the nearby Eastern Freeway and Park & Ride updates under construction. * Two homes (each on their own title) * In the Balwyn High School Zone * Single level, 3 bedroom front home * Split level, 3 bedroom innovative-design rear home * Options to renovate/rebuild (STCA) * Multi-generational potential * Total of 4 car accommodation Terms 10% deposit, balance 30/45/60 days

Features

3 bedrooms
2 bathrooms
3 carspaces
2 carport spaces
1 garage space
886 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Balwyn North over the last 12 months, the estimated median property value of 1 & 2/317 Belmore Road is $1.85m.

Median value
$1.85m
Estimated value range
$900k - $2.7m
Median days on market
26
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Balwyn North. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 & 2/317 Belmore Road

2025
Sold
$900,000
11 Jul 2025 by Daiman Kane, of Fletchers Balwyn North

Happy sellers in Balwyn North

79%
79% of sellers in Balwyn North reported that their sale price either exceeded or met their price expectations.

Balwyn North stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 42 reviews in Balwyn North over the last 12 months.

Local market activity for 3 bedroom houses in Balwyn North

In the last 12 months, 72 three-bedroom houses similar to 1 & 2/317 Belmore Road, have been sold.

This represents a 15% increase in three-bedroom houses sales when compared to the previous 12 months.

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