1 Albury Road, Balwyn North, Vic 3104

$2,100,000 - $2,300,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
720 m²
Area

Last updated on Friday, August 21, 2026 ( See property details for 1 Albury Road, Balwyn North, Vic 3104)

$2,100,000 - $2,300,000

Aaron Zhao Director & Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare parkside family home on a 720sqm elevated block in Balwyn North, offering exceptional future potential and stunning parkland views.

🏡 Property Highlights

  • Prime elevated landholding of approximately 720sqm with parkland views
  • Unbeatable north-facing rear garden for natural light and outdoor living
  • Exceptional location directly opposite Hislop Reserve with walking trails and recreational facilities
  • Comfortable single-level family home with multiple living zones and updated kitchen
  • Outstanding redevelopment potential within the coveted Balwyn High School Zone
  • Close proximity to North Balwyn Village, Greythorn Village, and major transport links

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Garage
  • Workshop
  • Waterfront / Views
  • Secure Parking
  • Ensuite
  • Fireplace
  • High energy efficiency
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1 Albury Road
Balwyn North, VIC 3104
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Vertical aerial view — 1 Albury Road
1 Albury Road — Vertical Aerial  •  Balwyn North, VIC 3104  •  Nearmap © 2026

Balwyn North is a prestigious suburb renowned for its leafy streets, excellent schools, and proximity to parklands and amenities. It offers a family-friendly lifestyle with easy access to shopping precincts, public transport, and recreational facilities. The area is highly sought after for its quality of life, community atmosphere, and strong property values.

What are the potential uses for the property given its redevelopment potential?
The property offers flexibility for a luxury renovation of the existing home or a complete redevelopment (STCA) to create a custom family residence or multiple dwellings, subject to council approval.
How does the property’s orientation benefit outdoor living and natural light?
The prized north-facing rear garden and elevated position ensure abundant natural light and optimal outdoor living space, ideal for entertaining and family activities.
What amenities and facilities are nearby?
The property is conveniently located near North Balwyn Village, Greythorn Village, Balwyn Community Centre, excellent schools, public transport, parklands, and major road links including the Eastern Freeway.
Is the property suitable for families seeking a lifestyle with outdoor recreation?
Absolutely, with direct access to Hislop Reserve, walking trails, sporting facilities, and family recreation options right at your doorstep.
What are the key features that make this property a good investment?
Its prime parkside location, substantial landholding, future redevelopment potential, and proximity to quality schools and amenities make it a highly desirable investment.
Are there any existing planning restrictions or easements on the land that could affect redevelopment plans? Has the property been inspected for structural issues or environmental hazards? Are there any upcoming zoning changes or council developments in the area that could impact property value? What are the current council rates and potential additional costs for redevelopment or renovations? Is there any history of flooding or bushfire risk associated with the property or surrounding area? Are there any existing building permits or approvals for modifications made to the property? What are the strata or community title considerations, if applicable? Are there any planned infrastructure projects or construction activities nearby that could cause disruption? What are the terms of the current lease or tenancy arrangements, if any? Are there any restrictions on the use of the land or specific covenants affecting development?

1 Albury Road, Balwyn North, Vic 3104 - More Details

$2,100,000 - $2,300,000

Commanding an elevated position directly opposite the expansive green open spaces of Hislop Reserve, this tightly held family home presents a truly exceptional opportunity on approximately 720sqm of premium Balwyn North land. Offered to the market for the first time in around 70 years, this is a rare chance to secure one of the suburb’s most sought-after parkside addresses.

With a prized north-facing rear garden, an elevated building platform and uninterrupted park outlook, the property offers the perfect foundation to create an outstanding new family residence or undertake a luxury renovation that takes full advantage of the natural light, leafy views and exceptional orientation (STCA).

The existing single-level residence has been lovingly maintained and provides immediate comfort with generous formal and informal living areas, three spacious bedrooms, an updated kitchen, family room overlooking the sun-drenched backyard, extensive garaging and abundant outdoor space. Move straight in, lease out while planning your vision, or capitalise on the remarkable landholding in a location where premium homes continue to set new benchmarks.

What truly sets this property apart is its irreplaceable setting. Wake each morning to uninterrupted parkland views, enjoy the openness and tranquillity that only a parkside position can offer, and appreciate the convenience of having walking trails, sporting facilities and family recreation quite literally at your doorstep.

Positioned within the coveted Balwyn High School Zone and close to Balwyn North Primary School, North Balwyn Village, Greythorn Village with its popular cafés, shops and post office, the Balwyn Community Centre, excellent public transport, Westfield Doncaster, the Eastern Freeway and Melbourne’s leading private schools, this blue-chip address combines lifestyle, prestige and extraordinary future potential.
A once-in-a-generation opportunity where premium land, ideal orientation and an enviable parkside setting come together to create something truly special.

- Approximately 720sqm elevated allotment
- Exceptional north-facing rear garden
- Directly opposite Hislop Reserve
- Comfortable three-bedroom family home with multiple living zones
- Updated kitchen overlooking the backyard
- Large garage/workshop with additional storage
- Outstanding new home or redevelopment potential (STCA)
- Coveted Balwyn High School Zone
- Moments to North Balwyn Village, Greythorn Village, Balwyn Community Centre, public transport, parklands and the Eastern Freeway

In conjunction with Estatier
Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
720 m²

Price guide

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  • 1 Albury Road, Balwyn North, Vic 3104

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