Back 2/40 Banks Road
Off Market

2/40 Banks Road

Eltham North VIC 3095

5
4
2
1134 m²
House
Last sold for $1,600,000
David JudgeDavid Judge, last sold this property on 21 May 2026 after 79 days on market.

Overview

Where Space, Style and Spectacular Views Meet

Perched high on an expansive 1,134m² allotment (approx.), this outstanding multi-level residence delivers refined family living with sweeping views across the treetops to the distant ranges. Designed to maximise natural light and generous proportions, it offers a superb balance of luxury, comfort and flexibility. Multiple living zones provide exceptional versatility. An expansive lounge, warmed by a woodfire heater and complete with theatre equipment, opens through a wall of bifold doors to a broad entertaining deckcreating a seamless indoor-outdoor connection framed by breathtaking outlooks. A separate family living area extends to a second deck, offering yet another inviting space to relax or entertain against a stunning ranges backdrop. At the heart of the home, the stone-finished kitchen impresses with its sleek glass splashback, quality Smeg appliances and breakfast benchperfect for casual meals or gathering with friends while meals are prepared. Accommodation is equally well-considered. The main bedroom enjoys direct deck access and features a fitted walk-in robe and a luxurious stone ensuite with dual basins and a spa bath. Two additional bedrooms share a beautifully appointed bathroom with an oversized shower, while a fourth bedroomcurrently configured as a studybenefits from its own ensuite, making it ideal for guests, extended family or multi-generational living. Outdoors, the terraced rear yard is a private sanctuary set amid lush greenery and distinctive crazy paving. A sparkling swimming pool forms the centrepiece, complemented by firepit seating, raised vegetable beds and a substantial, fully self-contained studio. Finished with timber floors, a full bathroom and extensive built-in storage, the studio offers outstanding flexibility as teenage accommodation, guest quarters or a dedicated work-from-home spaceseparate from the main residence. Further highlights include remote-control blinds, individual climate control units to almost every room, ceiling fans, a well-equipped laundry with storage, and a remote double garage with abundant shelving integrated beneath the home. Positioned within the sought-after St Helena College zone, this premium address is just a short walk to bus services and extensive parklands, and only minutes from St Helena Market Place and Eltham for shopping, dining, entertainment and train access. An exceptional opportunity to secure a spacious, feature-rich family retreat in a highly desirable locale. *** PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS ***

Features

5 bedrooms
4 bathrooms
2 carspaces
1134 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Eltham North over the last 12 months, the estimated median property value of 2/40 Banks Road is $1.52m.

Median value
$1.52m
Estimated value range
$1.12m - $2.3m
Median days on market
41
Estimated value trend
-3%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Eltham 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 2/40 Banks Road

2026
Sold
$1,600,000
Private Sale/Treaty on 21 May 2026 by David Judge, of Morrison Kleeman - Eltham

Happy sellers in Eltham North

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We have insufficient information to provide an overview of customer satisfaction for Eltham North. Viewing the agent profiles, reviews and sales for Eltham North can provide insights for this location.

Local market activity for 5 bedroom houses in Eltham North

In the last 12 months, 12 five-bedroom houses similar to 2/40 Banks Road, have been sold.

This represents a 9% decrease in five-bedroom houses sales when compared to the previous 12 months.

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