Median house price
$1.55M
2 Almond St Balwyn North
Property details
Occupying an exceptional 1,148sqm (approximately) allotment in the prestigious Balwyn High School zone, this outstanding landholding presents a rare opportunity to capitalise on significant multi-townhouse redevelopment potential (Subject to Council Approval). With generous dimensions and substantial land area, the site is ideally suited to developers, builders and investors seeking their next blue-chip project in one of Melbourne's most tightly held locations. The existing two-bedroom residence is comfortably presented and currently leased on a periodic tenancy at $495 per week, providing valuable holding income while plans and approvals are pursued. Accommodation
includes a generous living room with split-system heating and cooling, separate dining room, spacious kitchen with dishwasher, central bathroom and ample off-street parking including a double carport. Beyond its exciting redevelopment prospects, the property also offers the flexibility to renovate or construct a luxury new family residence on a substantial parcel of land. Positioned within walking distance of Doncaster Road trams and buses, the property also enjoys convenient access to the Eastern Freeway, Greythorn Village, Belmore Road shopping precinct, Westfield Doncaster, Koonung Creek Trail and Leigh Park. Zoned for the highly acclaimed Balwyn High School and Boroondara Park Primary School, this is an exceptionally rare opportunity to secure one of Balwyn North's most compelling development sites.
Location
Sales history
- Sold
21 July 2026
$2,400,000
Sold on 21 July 2026 by 1,148 sqm.
- Sold
21 July 2026
$2,400,000
Sold on 21 July 2026 by Nelson Alexander
- Sold
21 July 2026
$2,400,000 pw
Sold on 21 July 2026 by Property Type: House
Gallery
Nearby schools
Balwyn North Primary School
Primary · Government
Buchanan Avenue, Balwyn North
Greythorn Primary School
Primary · Government
Reading Avenue, Balwyn North
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Days on market
23 days
Auction clearance rate
80%
Properties sold
325