FOR SALE
Asking price: $1,995,000

26 Banoon Road
Eltham VIC 3095

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A Rare And Exclusive Opportunity

Set in an exclusive pocket of Eltham, a short walk to the open spaces along the Yarra, including Griffith Park, and yet only a few minutes from the heart of Eltham, this vacant 7608m2 (approx.) parcel presents an exceptional opportunity to craft an idyllic lifestyle.
With a crossover in place, services available, and a generous building envelope, it offers a serene setting that delivers unmatched tranquillity.
Concept drawings, renderings and preliminary plans are available for a state-of-the-art luxury home that could be constructed (stca).
No indulgence has been spared in the concept of this elite luxury home, where
a carefully considered mix of materials complementing architectural lines and angles will enhance resort-inspired perfection
Orientated to harness natural light throughout, the impressive layout boasts three living areas plus a theatre room, cutting-edge kitchen, home office, and five bedrooms, four with ensuites.
Further luxury features include an infinity-edge pool in an expansive alfresco area, a conversation pit with seating, and a tennis court, all seamlessly accessed from the internal spaces.
Of course, buyers are not obligated to take advantage of the drawings and have the flexibility to retain their own architect to design a home that meets their own lifestyle requirements (stca). This really is the best of both words!
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Property Details for 26 Banoon Rd, Eltham

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About Eltham 3095

The size of Eltham is approximately 16.6 square kilometres. It has 55 parks covering nearly 15.2% of total area. The population of Eltham in 2011 was 18,162 people. By 2016 the population was 18,303 showing a population growth of 0.8% in the area during that time. The predominant age group in Eltham is 40-49 years. Households in Eltham are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eltham work in a professional occupation. In 2011, 85.6% of the homes in Eltham were owner-occupied compared with 85.5% in 2016.

Eltham has 8,569 properties. Over the last 5 years, Houses in Eltham have seen a 27.28% increase in median value, while Units have seen a 14.61% increase. As at 30 November 2024:

  • The median value for Houses in Eltham is $1,248,395 while the median value for Units is $790,774.
  • Houses have a median rent of $680 while Units have a median rent of $600.
There are currently 24 properties listed for sale, and 4 properties listed for rent in Eltham on OnTheHouse. According to CoreLogic's data, 307 properties were sold in the past 12 months in Eltham.

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Craig Parker
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Morrison Kleeman Eltham | Greensborough | Diamond Creek | Doreen
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