1020 Burke Road, Balwyn, Vic 3103

$1,600,000 - $1,760,000

House
Type
4
Bedrooms
2
Bathrooms
2
Parkings
697 m²
Area

Last updated on Wednesday, May 20, 2026 ( See property details for 1020 Burke Road, Balwyn, Vic 3103)

$1,600,000 - $1,760,000

Lawrence Zhu Sales Executive, Auctioneer (Licensed Estate Agent)
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A beautifully maintained double-brick family home on a generous 697sqm block in a highly sought-after Balwyn locale, offering exceptional future development potential and modern comforts.

🏡 Property Highlights

  • Prime location bordering Kew with walkable amenities and excellent schools nearby
  • Significant future development potential with no heritage overlay and GRZ5 zoning
  • Elegant double-brick residence with period character and preserved decorative ceilings
  • Spacious 697sqm block offering ample outdoor space and backyard for entertaining
  • Modern kitchen with Omega and Bosch stainless steel appliances
  • Immediate investment security with tenants until October 2026

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Outdoor Area
  • Secure Parking
  • Heating
  • Split-System Air Conditioning
  • Garage
  • Ceiling Fans
  • Waterfront / Views
  • Extra Storage (Shed/Linen)

Balwyn is a highly desirable suburb renowned for its leafy streets, excellent schools, and vibrant community atmosphere. It offers convenient access to Melbourne’s CBD via public transport, with a range of shopping, dining, and recreational options. The area boasts a mix of historic homes and modern developments, making it ideal for families and investors seeking long-term growth. Its proximity to prestigious private schools and beautiful parks further enhances its appeal.

What are the potential uses for the property given its zoning and size?
The property offers scope for renovation, extension, or redevelopment into a luxury residence or multiple townhouses (STCA), making it suitable for families, investors, or developers.
Is the property suitable for immediate move-in?
Yes, the home is move-in ready with modern amenities, though it is currently tenanted until October 2026.
What features make this property ideal for families?
The spacious four bedrooms, two bathrooms, modern kitchen, outdoor entertaining area, and proximity to quality schools and parks make it perfect for family living.
Are there any restrictions or overlays affecting future development?
There is no heritage overlay, and the property is zoned GRZ5, providing significant flexibility for renovation or redevelopment projects.
What are the nearby amenities and transport options?
The property is within walking distance to Deepdene Primary School, Our Lady of Good Counsel School, city-bound buses, and the 109 tram, offering easy access to Melbourne’s CBD and private schools.
Are there any upcoming planning or zoning changes in the area that could affect future development or value? What are the potential costs associated with renovating or extending the property? Are there any easements, covenants, or restrictions on the property that could impact redevelopment plans? Has the property been inspected for structural issues or pest infestations? Are there any known issues with drainage, flooding, or bushfire risk in this area? What are the council rates and any additional levies or fees applicable to this property? Is there any ongoing or planned construction nearby that could affect the property's value or livability? Are there any strata or community titles involved, or is it a standalone property? What are the long-term growth prospects for this suburb and surrounding areas? Are there any restrictions on future modifications or extensions due to local planning policies?

1020 Burke Road, Balwyn, Vic 3103 - More Details

$1,600,000 - $1,760,000

Type
House
Bedrooms
4
Bathrooms
2
Parkings
2
Area
697 m²

Price guide

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