168 Whitehorse Road, Balwyn, VIC 3103 | Land for sale | OnTheHouse
FOR SALE
$2,650,000 - $2,690,000

168 Whitehorse Road
Balwyn VIC 3103

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 858m2
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Calling all Developers! Prime Development Opportunity in Balwyn 858m² (approx.)

A rare chance to secure a high-elevation, north-facing 858m² block with 20m frontage in the heart of Balwyn with an expired permit for 4 townhouses , ideal for builders, investors, or families looking to capitalize on this prime location.
Property Highlights:
* Spacious 4-Bedroom Home - Currently tenanted at $750/week offering instant cash flow.
* Development potential - Expired permit for 4 townhouses (STCA), presenting a lucrative opportunity.
* Premium Location - Walk to Balwyn Village, top schools (Balwyn Primary, Fintona Girls') and tram routes.
* Family-Friendly Layout - Master suite with WIR & ensuite, 3 additional bedrooms (BIRs), multiple living zones, and a sunlit open-plan kitchen/dining area.
* Indoor-Outdoor Living - Central courtyard, spa bath, low-maintenance gardens, and double garage.
* Elite School Zone - Minutes to Camberwell Grammar, MLC, Xavier College, Trinity Grammar,and more.
* High Side of the Road - North-facing aspect with elevated views.
Why Invest:
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Property Details for 168 Whitehorse Rd, Balwyn

Building Type
Land
Land Size
858m2
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About Balwyn 3103

The size of Balwyn is approximately 4.4 square kilometres. It has 19 parks covering nearly 5.0% of total area. The population of Balwyn in 2016 was 13312 people. By 2021 the population was 13495 showing a population growth of 1.4% 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 2021, 69.30% of the homes in Balwyn were owner-occupied compared with 71.20% in 2016.

Balwyn has 7,482 properties. Over the last 5 years, Houses in Balwyn have seen a 19.59% increase in median value, while Units have seen a 12.32% increase. As at 31 October 2025:

  • The median value for Houses in Balwyn is $2,818,766 while the median value for Units is $885,449.
  • Houses have a median rent of $950 while Units have a median rent of $600.
There are currently 21 properties listed for sale, and 9 properties listed for rent in Balwyn on OnTheHouse. According to Cotality's data, 334 properties were sold in the past 12 months in Balwyn.

Suburb Insights for Balwyn 3103

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Kenny Lau
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Rick Lin
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MEGA CITY REAL ESTATE PTY LTD
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.