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159 Waiora Road

Heidelberg Heights VIC 3081

3
2
2
132 m²
929 m²
House
Currently for sale - view listing

Overview

Permit-Ready Site with Development Upside

Positioned in one of Heidelberg Heights' most convenient residential pockets, 159 Waiora Road presents a compelling opportunity for developers, builders, investors and landbank buyers seeking a project with the major planning groundwork already completed. With a planning permit ready, the property offers buyers the ability to move forward with greater confidence and reduced planning risk. In a market where time, certainty and holding costs matter, this permit-ready status is a significant advantage for those looking to unlock the site's future potential. The location further strengthens the opportunity. Set within the City of Banyule and approximately 11km north-east of Melbourne's CBD, the property enjoys excellent access to Heidelberg, Rosanna, Ivanhoe, Macleod and Eaglemont, along with local shops, schools, parks, public transport and key employment hubs. Heidelberg's established medical precinct, including Austin Hospital, is also within easy reach, supporting strong long-term demand from owner-occupiers, investors, medical professionals and tenants seeking convenient access to the surrounding area. Whether your strategy is to develop, invest, landbank or secure a well-located site with approved future upside, 159 Waiora Road, Heidelberg Heights offers the combination buyers look for: location, planning certainty and genuine development potential. Key Selling Points * Planning permit ready * Strong appeal to developers, builders and investors * Reduced planning uncertainty and improved project certainty * Established Heidelberg Heights location * Approximately 11km north-east of Melbourne CBD * Close to Heidelberg, Rosanna, Ivanhoe, Macleod and Eaglemont * Easy access to shops, schools, parks and public transport * Nearby Heidelberg medical precinct, including Austin Hospital * Suitable for development, investment or landbanking * Strong long-term location fundamentals in Melbourne's north-east

Features

3 bedrooms
2 bathrooms
2 carspaces
132 m² floor area
929 m² lot size
House

Property history for 159 Waiora Road

2026
Rented
Undisclosed
Leased on 15 Feb 2026 by WHITE BOX REAL ESTATE
2022
Rented
Undisclosed
Leased on 05 Jul 2022 by Areal Property Box Hill
2021
Sold
$1,300,000
25 Oct 2021 by Mark Dixon, of Fletchers Banyule

Happy sellers in Heidelberg Heights

86%
86% of sellers in Heidelberg Heights reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 7 reviews in Heidelberg Heights over the last 12 months.

Local market activity for 3 bedroom houses in Heidelberg Heights

In the last 12 months, 38 three-bedroom houses similar to 159 Waiora Road, have been sold.

This represents a 30% increase in three-bedroom houses sales when compared to the previous 12 months.

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