5 Larbert Avenue, Balwyn North, VIC 3104 | House for sale | OnTheHouse
 
FOR SALE
$2,000,000-$2,200,000

5 Larbert Avenue
Balwyn North VIC 3104

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 724m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Exceptional Landholding with Outstanding Redevelopment Potential (STCA)

Positioned in one of Balwyn North's most sought-after family pockets, this substantial landholding of approximately 724sqm presents an outstanding opportunity for developers, builders, investors and prestige home buyers alike. Located within the coveted Balwyn High School Zone and surrounded by premium new homes, the property offers exceptional scope for redevelopment, a luxury new residence or a boutique multi-dwelling project, subject to council approval.
The existing four-bedroom home provides comfortable accommodation and potential rental income while future plans are explored, allowing purchasers to secure a blue-chip site with flexibility and holding income.
Adding further appeal is the superb location, moments from Balwyn High School, Boroondara Park Primary School, North Balwyn Village, Greythorn Shopping Centre, parklands, city-bound transport and Eastern Freeway access. This is a rare opportunity to secure a quality parcel of land in an area where demand for premium new homes continues to remain strong.
Key Highlights
• Approx. 724sqm landholding
• Balwyn High School Zone
• Existing four-bedroom home providing holding income potential
• Ideal new home site, redevelopment or multi-dwelling opportunity (STCA)
• Surrounded by premium luxury residences
• Close to North Balwyn Village, Greythorn Shopping Centre and parklands
See MoreView Statement of Information

Property Details for 5 Larbert Ave, Balwyn North

5 Larbert Ave, Balwyn North is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 724m2. The place is currently for sale with Biggin & Scott Manningham.

Building Type
House
Land Size
724m2
Commute Calculator

About Balwyn North 3104

The size of Balwyn North is approximately 9.1 square kilometres. There are 20 parks, covering nearly 15.7% of the total area. The population of Balwyn North in 2016 was 20406 people. By 2021 the population was 21302 showing a population growth of 4.4% in the area during that time. The predominant age group in Balwyn North is 10-19 years. Households in Balwyn North are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Balwyn North work in a professional occupation.In 2021, 78.10% of the homes in Balwyn North were owner-occupied compared with 78.40% in 2016.

Balwyn North has 9,180 properties. Over the last 5 years, Houses in Balwyn North have seen a -2.36% decrease in median value, while Units have seen a 10.38% increase. As at 31 May 2026:

  • The median value for Houses in Balwyn North is $2,082,813 while the median value for Units is $1,204,676.
  • Houses have a median rent of $900 while Units have a median rent of $730.
There are currently 25 properties listed for sale, and 11 properties listed for rent in Balwyn north on OnTheHouse. According to Cotality's data, 417 properties were sold in the past 12 months in Balwyn north.

Balwyn North Profile Page

Suburb Insights for Balwyn North 3104

Visit Balwyn North profile page
Market Insights
Balwyn North Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Balwyn North Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Balwyn North profile page
Contact agent
agent headshot
Joe Cai
Show contact details
Call agent
agent headshot
Kent Chan
Show contact details
Call agent
Biggin & Scott Manningham
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED