Back 1 Balmanno Crescent
Off Market

1 Balmanno Crescent

Strathmore VIC 3041

5
4
4
791 m²
House
Bruce WarburtonBruce Warburton, last sold this property on 03 July 2025 after 103 days on market.

Overview

Parksedge Luxury with Approved Plans & Redevelopment Potential (STCA)

Backing directly onto the peaceful greenery of Balmanno Reserve, this rare 791sqm (approx.) allotment with a generous 23-metre frontage presents a remarkable opportunity to create a landmark home in one of Strathmore's most tightly held pockets. With plans and permit already approved, the property is ready for construction of a luxury five-bedroom residence by Taouk Architects, with landscape design by Mint Design. Every element of the design has been carefully considered to embrace light, space and connection to the outdoors. At its heart, a showpiece kitchen with premium appliances, walk-in pantry and a striking wine room anchors a vast open-plan living and dining area, flowing seamlessly to an alfresco entertaining space and pool with tranquil parkland views. The home's layout provides generous and flexible accommodation, including a grand master retreat with walk-in robe and private ensuite, a formal lounge, an upstairs family retreat, a four-car garage, and smart energy-efficient inclusions. Engineering has been completed and the electrical pit is installed – all the groundwork is done, ready to begin. Currently on the site is a comfortable three-bedroom home with spacious interiors and direct park access – ideal to live in or lease while planning your build. There's also excellent scope for redevelopment or subdivision potential (STCA), offering further value for developers or investors. Zoned to Strathmore Secondary College and just moments from some of the area's leading schools including St Vincent de Paul Primary, Strathmore Primary, PEGS, Lowther Hall and St Columba's College, the location is second to none. Public transport is easily accessible with Strathmore Station and Mt Alexander Road trams within walking distance, while CityLink access places the CBD within easy reach. Enjoy the vibrant local lifestyle with North Essendon Village, Napier Park and Woodlands Park all nearby. An outstanding opportunity to build without delay – in a location that delivers lifestyle, prestige and long-term growth.

Features

5 bedrooms
4 bathrooms
4 carspaces
4 garage spaces
791 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Strathmore over the last 12 months, the estimated median property value of 1 Balmanno Crescent is $2.21m.

Median value
$2.21m
Estimated value range
$1.47m - $4.2m
Median days on market
33
Estimated value trend
-14%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Strathmore. 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 Balmanno Crescent

2025
Sold
Undisclosed
03 Jul 2025 by Bruce Warburton, of Woodards Essendon
2023
Sold
$2,152,000
18 Aug 2023 by Bruce Warburton, of Woodards Essendon

Happy sellers in Strathmore

90%
90% of sellers in Strathmore reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 20 reviews in Strathmore over the last 12 months.

Local market activity for 5 bedroom houses in Strathmore

In the last 12 months, 18 five-bedroom houses similar to 1 Balmanno Crescent, have been sold.

This represents a 31% increase in five-bedroom houses sales when compared to the previous 12 months.

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