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5 Larbert Avenue

Balwyn North VIC 3104

4
2
2
724 m²
House
Currently for sale - view listing

Overview

Exceptional Landholding with Outstanding Redevelopment Potential (STCA)

Positioned in one of Balwyn North's most sought-after family pockets, this substantial landholding of approximately 724sqm presents an outstanding opportunity for developers, builders, investors and prestige home buyers alike. Located within the coveted Balwyn High School Zone and surrounded by premium new homes, the property offers exceptional scope for redevelopment, a luxury new residence or a boutique multi-dwelling project, subject to council approval. The existing four-bedroom home provides comfortable accommodation and potential rental income while future plans are explored, allowing purchasers to secure a blue-chip site with flexibility and holding income. Adding further appeal is the superb location, moments from Balwyn High School, Boroondara Park Primary School, North Balwyn Village, Greythorn Shopping Centre, parklands, city-bound transport and Eastern Freeway access. This is a rare opportunity to secure a quality parcel of land in an area where demand for premium new homes continues to remain strong. Key Highlights • Approx. 724sqm landholding • Balwyn High School Zone • Existing four-bedroom home providing holding income potential • Ideal new home site, redevelopment or multi-dwelling opportunity (STCA) • Surrounded by premium luxury residences • Close to North Balwyn Village, Greythorn Shopping Centre and parklands • Easy access to CBD transport and Eastern Freeway • Blue-chip Balwyn North location with strong long-term growth credentials

Features

4 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
724 m² lot size
House

Property history for 5 Larbert Avenue

2025
Rented
Undisclosed
Leased on 06 May 2025 by The Property Mentors Australia Pty Ltd
2023
Rented
Undisclosed
Leased on 10 Feb 2023 by Woodards Manningham
2022
Sold
$1,950,000
17 Jun 2022 by Alec Stefanoski, of Woodards Manningham

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 4 bedroom houses in Balwyn North

In the last 12 months, 121 four-bedroom houses similar to 5 Larbert Avenue, have been sold.

This represents a 5% increase in four-bedroom houses sales when compared to the previous 12 months.

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