FOR SALE
EOI Closing Tuesday 10 Dec at 5pm

2A Alandale Avenue
Balwyn VIC 3103

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 378m2
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Prime Corner Allotment with Approved Plans in Balwyn High School Zone

This exceptional 378sqm corner allotment, located directly opposite the Boroondara Sports Complex, offers a rare opportunity in the prestigious Balwyn High School zone. The property comes with fully endorsed plans and full working drawings by Archsign for a luxurious 4-bedroom, 3-bathroom home, featuring a stunning contemporary exterior and interiors showcasing high-quality finishes (roughly 32sq home). The ground floor includes a spacious open-plan living and dining area, a gourmet kitchen with a butler's pantry, and a private north-west facing deck. Ready to start building your dream home.
Additionally, there's potential to combine the purchase with the adjoining allotment totalling 1066sqm to build a medical/dental centre, display home, multi-units, childcare facility, or NDIS housing, subject to council approval (STCA). The prime location offers proximity to Belmore Heights village, with shops and restaurants within walking distance. The area is well-serviced by public transport, including bus routes and the 109 tram, and is close to Gordon Barnard Reserve and Hislop Park. Additionally, the property is zoned for Greythorn Primary School and surrounded by prestige homes.
This is a unique chance to create a dream home or a profitable investment in a highly sought-after area. Contact us today to explore the possibilities and secure your place in Balwyn.
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Property Details for 2a Alandale Ave, Balwyn

Building Type
Land
Land Size
378m2

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About Balwyn 3103

The size of Balwyn is approximately 4.4 square kilometres. It has 19 parks covering nearly 5% of total area. The population of Balwyn in 2011 was 12,943 people. By 2016 the population was 13,321 showing a population growth of 2.9% in the area during that time. The predominant age group in Balwyn is 10-19 years. Households in Balwyn are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balwyn work in a professional occupation. In 2011, 72.9% of the homes in Balwyn were owner-occupied compared with 71.2% in 2016.

Balwyn has 7,368 properties. Over the last 5 years, Houses in Balwyn have seen a 18.65% increase in median value, while Units have seen a 9.67% increase. As at 31 October 2024:

  • The median value for Houses in Balwyn is $2,811,991 while the median value for Units is $849,310.
  • Houses have a median rent of $980 while Units have a median rent of $600.
There are currently 27 properties listed for sale, and 7 properties listed for rent in Balwyn on OnTheHouse. According to CoreLogic's data, 301 properties were sold in the past 12 months in Balwyn.

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Helen Yan
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Dennis Zhong
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Ray White Balwyn
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