FOR SALE
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53-55 Banks Road
Eltham North VIC 3095

Bedrooms: 5
Bathrooms: 2
Car spaces: 3
Land area: 5836m2
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Architectural Brilliance Nestled in Gordon Ford Gardens

Step into the realm of elegance and refinement, an opulent abode ensconced within the coveted confines of Eltham North. Beyond the facade lies not merely a residence, but a sanctuary boasting a plethora of indulgent amenities amidst sprawling grounds. Prepare to be ensnared by the allure of its contemporary design, a testament to architectural finesse.
Nestled upon 5,836 square metres approx of verdant terrain, this architectural marvel presents an array of features. Immerse yourself in the tranquil embrace of the expansive inground swimming pool, clay tennis court, or enjoy the serenity of the inground spa and sauna.
Designed with discernment, the layout encompasses five bedrooms and two bathrooms, ensuring both space and seclusion for every member of the household. Seamlessly merging indoor and outdoor realms, the living areas beckon to be adorned with laughter and cherished moments amidst the picturesque environs.
Ideally positioned in the esteemed north-eastern suburbs, a mere 21 kilometres from the bustling heart of the city, this residence offers an idyllic retreat coupled with unparalleled accessibility to an array of amenities. Families will enjoy the proximity to esteemed educational institutions, while seamless commutes are facilitated by excellent public transportation links. Nearby, enjoy a lifestyle unparalleled with cafes, bars and eateries as well as access to the Diamond Creek trail and Eltham North dog park.
History of the house:
Steeped in the grandeur of Eltham's illustrious past, this residence traces its origins to the halcyon days of the early 1970s. Renowned architect Brian O'Connor, hailing from the esteemed precincts of Toorak, ventured into uncharted territory to bestow his genius upon this edifice nestled on the fringes of Eltham.
Crafted from reclaimed bricks and adorned with floor-to-ceiling windows, the residence earned the moniker "the garden house" for its seamless integration with the verdant surrounds.
Despite its expansive proportions, the residence exudes an aura of intimacy, owing to its meticulously curated living spaces. From the mezzanine to the tiered dining areas, each nook invites moments of reprieve and conviviality. Even the gardens, envisioned by the illustrious Gordon Ford, are artfully delineated, featuring a terrace with a bespoke spa and four courtyards, each an oasis of tranquillity.
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Property Details for 53-55 Banks Rd, Eltham North

53-55 Banks Rd, Eltham North is a 5 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 5836m2. The place is currently for sale with Ray White Balwyn.

Building Type
House
Land Size
5836m2

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About Eltham North 3095

The size of Eltham North is approximately 4.1 square kilometres. It has 32 parks covering nearly 13.4% of total area. The population of Eltham North in 2011 was 6,840 people. By 2016 the population was 6,828 showing a population decline of 0.2% in the area during that time. The predominant age group in Eltham North is 50-59 years. Households in Eltham North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Eltham North work in a professional occupation. In 2011, 92.7% of the homes in Eltham North were owner-occupied compared with 91.3% in 2016.

Eltham North has 2,567 properties. Over the last 5 years, Houses in Eltham North have seen a 29.17% increase in median value, while Units have seen a 19.47% increase. As at 31 October 2024:

  • The median value for Houses in Eltham North is $1,260,173 while the median value for Units is $823,736.
  • Houses have a median rent of $680 while Units have a median rent of $510.
There are currently 13 properties listed for sale, and 1 property listed for rent in Eltham north on OnTheHouse. According to CoreLogic's data, 89 properties were sold in the past 12 months in Eltham north.

Suburb Insights for Eltham North 3095

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Helen Yan
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Ray Tian
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Ray White Balwyn
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.