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10 Heather Street, Balwyn North$2.80m

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10 Heather Street

Balwyn North, VIC 3104, Australia

$2.70m – $2.90m

978 m²

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Listing description

About this property

Set within a quiet, tree-lined pocket of Balwyn North and positioned within the coveted Balwyn High School zone, this exceptional allotment presents a rare and ready-made opportunity. Cleared and unobstructed, the site offers immediate scope to build, with approved plans and permits already in place for three architecturally designed luxury residences, meaning you can move straight into delivery with confidence. Equally, the flexibility exists to create a single, bespoke family home (STCA), capitalising on the generous land size and premium location. Surrounded by established homes and a strong family community, the setting is complemented by proximity to leading schools, parklands, cafés and transport. Whether you are a developer seeking a streamlined project or a family looking to build your dream home, this is an opportunity defined by clarity, quality and location.

Property Details

Property Type: land
Listing Type: For Sale
Land Area: 978 m²
Listed: 2 months ago

Repayment calculator

$13,574/month

$6,787 /fortnight

Loan $2,240,000 at 6.10% over 30 years

Upfront costs

Deposit$560,000

Stamp duty$162,000

Conveyancing (est.)$2,000

Total upfront$724,000

Verify with VIC revenue office →

Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Balwyn North

This land in Balwyn North, VIC 3104 sits within reach of public transport, local shops and nearby schools. It is listed 15% above the $2.42m median of 56 comparable landswithin 5 km.

Schools near Balwyn North

Balwyn North Primary Schoolprimary · Prep-6 · CoEd
Belle Vue Primary Schoolprimary · Prep-6 · CoEd
Boroondara Park Primary Schoolprimary · Prep-6 · CoEd
Greythorn Primary Schoolprimary · Prep-6 · CoEd
St Bede's Schoolprimary · Prep-6 · CoEd
Balwyn High Schoolsecondary · 7-12 · CoEd

What's nearby

Stop 51: Balwyn Road (tram) — 864 m away
Boroondara Eye Care — 1.5 km away
Leigh Park — 1.3 km away
Unnamed — 1.8 km away
Unnamed — 1.8 km away

Balwyn North at a glance

Full suburb profile

Population: 21,302
Median age: 42
Household income: $2,346/wk
Median rent: $554/wk
Median mortgage: $3,078/mo

Source: ABS Census.

Due diligence

Property Report

Zoning & Regional Plan

Complete

GRZ1

General Residential Zone

Boroondara Planning Scheme

Height Limit

10.5 metres (3 storeys)

Min Lot Size

600m²

Permitted uses · 6

Dwelling (single or double)Home-based businessGarden centreNeighbourhood centreChild care centreCommunity facility

Prohibited uses · 6

High-density residentialMotor racing trackIntensive animal husbandryOffensive tradeHazardous industrial useMajor retail (shopping centre)

Source: StMate AI — VIC planning scheme07/06/2026

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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