24 May Street, Deepdene, Vic 3103

$3,200,000 - $3,500,000

House
Type
3
Bedrooms
1
Bathrooms
2
Parkings
718 mΒ²
Area

Published on Tuesday, June 30, 2026 ( See property details for 24 May Street, Deepdene, Vic 3103)

$3,200,000 - $3,500,000

Perry Zhou Senior Sales Executive & International Strategy Manager
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A charming Californian Bungalow on a substantial 718sqm block in Deepdene, offering immediate livability and exciting development potential within a prestigious school zone.

🏑 Property Highlights

  • Prime 718sqm allotment in a prestigious Deepdene pocket
  • Highly sought-after Balwyn High School zone location
  • Potential for luxury residence or townhouse development (STCA)
  • Classic Californian Bungalow with original charm and immediate livability
  • Excellent walkability to trams, cafes, and boutiques of Balwyn Shopping Village
  • Close proximity to top schools including Balwyn High and Camberwell Grammar

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Ensuite
  • Home Office / Study
  • Ceiling Fans
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
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24 May Street
Deepdene, VIC 3103
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Vertical aerial view β€” 24 May Street
24 May Street — Vertical Aerial  •  Deepdene, VIC 3103  •  Nearmap © 2026

Deepdene is a highly desirable suburb renowned for its tree-lined streets, prestigious schools, and vibrant local amenities. It offers a family-friendly environment with excellent walkability to cafes, shops, and public transport. The area combines classic charm with modern convenience, making it ideal for both homeowners and developers. Its close proximity to Melbourne CBD ensures easy access to the city while enjoying a peaceful, community-oriented lifestyle.

What is the current condition of the property?
The property is presented in comfortable order with its original charm intact, offering immediate livability and potential for future renovation or development.
What are the zoning and development opportunities?
The property is situated within NRZ3 zoning, offering potential for luxury residence or townhouse development (STCA), subject to council approval.
Is the property suitable for families?
Yes, the property is located within the highly sought-after Balwyn High School zone and is close to several top primary and secondary schools, making it ideal for families.
What amenities are nearby?
The property is within walking distance to trams on Whitehorse Road, Balwyn Shopping Village’s cafes, restaurants, boutiques, and is close to multiple schools and public transport options.
Can I lease the property while planning development?
Yes, the existing home offers immediate rental income potential while you plan and obtain permits for future development.
Are there any existing planning permits or approvals in place for development, or will I need to apply for new ones? Are there any easements, covenants, or zoning restrictions that could impact development plans? Has the property been affected by any flooding, bushfire risks, or environmental hazards? Are there any upcoming council or community planning activities that could influence the property’s value or use? What are the potential costs associated with renovating or developing the site, including council fees and compliance requirements?

24 May Street, Deepdene, Vic 3103 - More Details

$3,200,000 - $3,500,000

Type
House
Bedrooms
3
Bathrooms
1
Parkings
2
Area
718 mΒ²

Price guide

View Statement Of Information

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