39 Hood Street, Balwyn North, Vic 3104

$2,000,000 - $2,200,000

House
Type
4
Bedrooms
1
Bathrooms
2
Parkings
623 mΒ²
Area

Last updated on Friday, June 12, 2026 ( See property details for 39 Hood Street, Balwyn North, Vic 3104)

$2,000,000 - $2,200,000

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 versatile family home on a generous north-facing block in Balwyn North, offering immediate living and exciting redevelopment potential (STCA).

🏑 Property Highlights

  • Prized north-facing rear orientation with substantial backyard
  • Flexible four-bedroom layout with multiple living zones
  • Excellent redevelopment potential (STCA) for luxury or multi-dwelling development
  • Walking distance to prestigious Balwyn High School
  • Prime location near Greythorn Village, parks, and Koonung Creek trails
  • Immediate rental or living options available in the existing brick home

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Waterfront / Views
  • Secure Parking
  • Garage
  • Home Office / Study
  • Ceiling Fans
  • Waterfront / Views
  • Open-Plan Living
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39 Hood Street
Balwyn North, VIC 3104
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Vertical aerial view β€” 39 Hood Street
39 Hood Street — Vertical Aerial  •  Balwyn North, VIC 3104  •  Nearmap © 2026

Balwyn North is a highly sought-after family-oriented suburb renowned for its prestigious schools, lush parks, and convenient access to city transport. It offers a peaceful, community-focused lifestyle with a mix of established homes and ongoing luxury developments. The area boasts excellent amenities, including shopping precincts, recreational trails, and top-tier private schools, making it ideal for families and investors alike.

What are the current zoning regulations and subdivision potential for this property?
The property has potential for subdivision and redevelopment (STCA), subject to council approval and compliance with local zoning regulations.
Is the existing home suitable for immediate occupancy or rental income?
Yes, the existing brick residence offers flexible living options and can be rented out or occupied immediately.
Are there any planning restrictions or easements affecting redevelopment?
Potential redevelopment is subject to council approval, and any easements or restrictions should be verified with local authorities.
What are the nearby amenities and transport options?
The property is conveniently located near Greythorn Village, parks, Koonung Creek trails, and offers easy access to the Eastern Freeway and city-bound transport.
Are there any known issues or defects with the property?
A thorough inspection is recommended to identify any potential issues; the current information does not specify existing defects.
Are there any hidden costs associated with subdivision or redevelopment approvals? Has the property been affected by flooding, bushfire risks, or other environmental hazards? Are there any existing planning permits or approvals for future development? What are the strata or body corporate considerations if subdivided or redeveloped? Is there any ongoing or upcoming construction activity nearby that could impact the property? Are there any easements, covenants, or zoning restrictions that could limit redevelopment plans? What are the potential costs for connecting utilities or upgrading infrastructure for redevelopment? Has the property been affected by any previous damage or structural issues? Are there any noise or neighbour-related concerns in this quiet, family-oriented area? What are the long-term growth prospects and future development plans in the neighbourhood?

39 Hood Street, Balwyn North, Vic 3104 - More Details

$2,000,000 - $2,200,000

Set on approximately 623sqm with a prized north-facing rear orientation, this classic Balwyn North property presents an exceptional opportunity to build a luxury new residence or explore subdivision potential in a highly sought-after family pocket (STCA). Positioned within walking distance to the prestigious Balwyn High School, the property combines immediate comfort with outstanding future upside.

The existing brick home offers a flexible four-bedroom layout, featuring a spacious living room, separate dining area, functional kitchen, central bathroom, powder room and dedicated laundry. Multiple living zones and generous bedroom accommodation provide comfortable family living or leasing potential while future plans are considered.

The wide frontage, substantial north-facing backyard and favourable land dimensions create the ideal canvas for a premium new home or multi-dwelling redevelopment (STCA). Surrounded by quality residences and ongoing luxury development, this is a rare opportunity to secure blue-chip Balwyn North land with exceptional future potential.

Enjoy the convenience of nearby Greythorn Village, Koonung Creek trails, parks, city-bound transport and easy Eastern Freeway access, all while being moments from leading private schools and elite local amenities.

- Approx. 623sqm allotment
- North-facing rear backyard
- Walking distance to Balwyn High School
- Flexible four-bedroom floorplan
- Separate living and dining zones
- Functional kitchen with adjoining meals area
- Central bathroom plus powder room
- Wide frontage with excellent redevelopment appeal
- Ideal luxury new home or subdivision potential (STCA)
- Existing residence with immediate rental or living options
- Quiet, family-oriented Balwyn North location

Type
House
Bedrooms
4
Bathrooms
1
Parkings
2
Area
623 mΒ²

Price guide

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