54 Northcote Avenue, Balwyn, VIC 3103 | House for sale | OnTheHouse
 
FOR SALE
AUCTION

54 Northcote Avenue
Balwyn VIC 3103

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 848m2
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Auction Time
Sat 26 Sep 10:00 am
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Rare 848sqm (approx.) Opportunity to Create Something Exceptional

Positioned in one of Balwyn's most tightly held and highly sought-after pockets, this substantial allotment of approximately 848 sqm (approx.) presents an exceptional opportunity to create a landmark residence or explore the potential for multiple luxury townhomes, subject to Council approval.
Currently home to a charming Californian Bungalow, the property offers an increasingly rare combination of land, location and flexibility. Whether the vision is to design and build one extraordinary family residence, pursue a considered multi-dwelling development, or renovate and restore the existing home, the scale and position of this holding provide an outstanding foundation for a premium project (STCA).
For those drawn to the character and craftsmanship of a bygone era, the existing Californian Bungalow presents the opportunity to undertake a considered renovation, preserving its distinctive period features and original charm while introducing contemporary comforts and modern family living. With thoughtful architectural design, the home could be transformed into a truly special residence that celebrates its heritage while embracing the demands of modern living.
With its generous frontage, substantial landholding and coveted Balwyn address, the property offers scope to create a bespoke home of architectural distinction or a boutique collection of luxury residences, subject to the necessary planning and Council approvals.
The location further elevates the opportunity, with a rear gate providing direct access to community parkland and an alternate walking route to the Whitehorse Road shopping and dining precinct. Balwyn Library, supermarkets, cafes, restaurants and the city-bound tram are all within easy reach, while Balwyn Primary School, Fintona and Chatham Station are comfortably accessible on foot. An exceptional selection of Melbourne's leading private schools is also within convenient reach by tram.
Opportunities of this calibre, combining substantial land with such a prestigious Balwyn position, are increasingly difficult to secure.
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Property Details for 54 Northcote Ave, Balwyn

54 Northcote Ave, Balwyn is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 848m2. The place is currently for sale with Ray White Mount Waverley.

Building Type
House
Land Size
848m2
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About Balwyn 3103

The size of Balwyn is approximately 4.4 square kilometres. There are 19 parks, covering nearly 5.0% of the 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 7,528 properties. Over the last 5 years, Houses in Balwyn have seen a -11.55% decrease in median value, while Units have seen a 3.27% increase. As at 31 July 2026:

  • The median value for Houses in Balwyn is $2,441,180 while the median value for Units is $874,601.
  • Houses have a median rent of $1,100 while Units have a median rent of $620.
There are currently 25 properties listed for sale, and 7 properties listed for rent in Balwyn on OnTheHouse. According to Cotality's data, 320 properties were sold in the past 12 months in Balwyn.

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Max Turner
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Julie Wells
Ray White Mount Waverley
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