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5 Larbert Avenue, Balwyn North VIC 3104

5 Larbert Avenue, Balwyn North VIC 3104

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For sale

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

5 Larbert Avenue, Balwyn North, VIC 3104

4

2

2

724m²

163m²

house - house

Map of 5 Larbert Avenue, Balwyn North VIC 3104, Balwyn North, Victoria

Property Description

Listed on 12 June 2026

Positioned in one of Balwyn Norths most sought-after family pockets, this substantial landholding of approximately 724sqm presents an outstanding opportunity for developers, builders, investors and prestige home buyers alike. Located within the coveted Balwyn High School Zone and surrounded by premium new homes, the property offers exceptional scope for redevelopment, a luxury new residence or a boutique multi-dwelling project, subject to council approval. The existing four-bedroom home provides comfortable accommodation and potential rental income while future plans are explored, allowing purchasers to secure a blue-chip site with flexibility and holding income. Adding further appeal is the superb location, moments from Balwyn High School, Boroondara Park Primary School, North Balwyn Village, Greythorn Shopping Centre, parklands, city-bound transport and Eastern Freeway access. This is a rare opportunity to secure a quality parcel of land in an area where demand for premium new homes continues to remain strong. Key Highlights • Approx. 724sqm landholding • Balwyn High School Zone • Existing four-bedroom home providing holding income potential • Ideal new home site, redevelopment or multi-dwelling opportunity (STCA) • Surrounded by premium luxury residences • Close to North Balwyn Village, Greythorn Shopping Centre and parklands • Easy access to CBD transport and Eastern Freeway • Blue-chip Balwyn North location with strong long-term growth credentials

Estimated value

Based on comparable sales, past sales and available property data

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Rental income estimate and range

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Property history

A breakdown of how regularly this property entered and exited the market for sale or lease.

Listed for sale
Jun 2026

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

Rental
Jan 2025

$650

Rental
Jan 2023

-

Sold
Jun 2022

$1,950,000

Median house price trends

Comparing the price trend of houses in Balwyn North against the state of Victoria over the last 4 years. Source: CoreLogic

Comparable properties

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Market activity

A snapshot of how quickly properties are selling in the area and how many are currently available.

38 Days

House median days on market

44 Days

Unit median days on market

385 Properties

Sold in last 12 months

118 Properties

Available in the last month

Balwyn North residents

Key characteristics of the residents in the area, view the full breakdown of the suburb here.

Under 18

Is the most common age range

Outright Owners

Most common occupant type

Families

Most common household profile

Professionals

Most common occupation

Detached Houses

Most common property type

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Nearby education

Schooling and educational options in the area, for all ages.

Balwyn North Primary School

K - Yr 6

Government

Belle Vue Primary School

K - Yr 6

Government

Boroondara Park Primary School

K - Yr 6

Government

Greythorn Primary School

K - Yr 6

Government

St Bede's School

K - Yr 6

Catholic

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Balwyn North

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Boroondara

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Victoria

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Explore surrounding suburbs

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Median House: $2,621,346

Median Unit: $919,447

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Median Unit: $778,111

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Median Unit: $859,124

Median House: $2,651,137

Median Unit: $933,862

Median House: $2,127,119

Median Unit: $947,626

Median House: $1,584,336

Median Unit: $1,094,718

Frequently asked questions

5 Larbert Avenue is a House built in 1960 in Balwyn North, Victoria. Review photos and floor plans for more detail on the construction and condition of the property.

The property at 5 Larbert Avenue includes 4 bedrooms, 2 bathrooms and parking for 2 cars.

5 Larbert Avenue in Balwyn North has a land size of approximately 724 square metres and an internal floor area of around 163 square metres.

5 Larbert Avenue in Balwyn North, Victoria, is close to local schools such as Balwyn North Primary School, Belle Vue Primary School, Boroondara Park Primary School, Greythorn Primary School, St Bede's School and Balwyn High School

As of 6/1/2026, the property at 5 Larbert Avenue is not available in our data at this time.

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