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1020 Burke Road, Balwyn$1.63m
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For Salehouse

1020 Burke Road

Balwyn, VIC 3103, Australia
$1.59m – $1.67m
4 bed 2 bath 2 car697 m²

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About this property

Positioned at the cusp of the vibrant Stradbroke Village precinct and just moments from the renowned Boccaccio Supermarket, this distinguished double-brick residence immediately impresses with its soaring gables and timeless period character. Set on approximately 697sqm in a highly sought-after pocket bordering prestigious Kew, the home offers an exceptional opportunity for families, investors, and developers alike. Beyond its elegant façade, the interior reveals beautifully preserved decorative ceilings and a charming open fireplace, creating a warm and refined atmosphere in the formal lounge and adjoining dining room. Thoughtfully designed for modern family living, the floorplan provides both connection and separation. A generously proportioned kitchen, appointed with quality Omega and Bosch stainless steel appliances, flows seamlessly into a light-filled meals and living area. From here, step out to a sun-drenched deck overlooking a substantial backyard ideal for entertaining, relaxation, or future enhancement. Accommodation comprises four well-sized bedrooms and two bathrooms, complemented by ducted heating, split-system air conditioning, a secure garage, and ample off-street parking. While entirely comfortable as a move in ready home, the property's true appeal lies in its significant future potential. With no heritage overlay and a General Residential Zone (GRZ5) designation, it presents outstanding scope to renovate and extend, create a bespoke luxury residence, or pursue a townhouse redevelopment (STCA). Currently tenanted until October 2026, it also offers immediate investment security with long-term upside. Superbly located within walking distance of Deepdene Primary School, Our Lady of Good Counsel School, city-bound buses, and the 109 tram providing easy access to Melbourne's leading private schools, this is a rare opportunity to secure a versatile and high-potential property in an elite and tightly held locale.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
2
Land Area
697 m²
Listed
2 months ago

Repayment calculator

$7,902/month
$3,951 /fortnight
Loan $1,304,000 at 6.10% over 30 years

Upfront costs

Deposit$326,000
Stamp duty$89,650
Conveyancing (est.)$2,000
Total upfront$417,650
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

This 4-bedroom house in Balwyn, VIC 3103 sits within reach of public transport, local shops and nearby schools. It is listed 3% below the $1.68m median of 62 comparable houseswithin 5 km.

Schools near Balwyn

  • Fintona Girls' Schoolcombined · Prep-12 · Girls
  • St Paul's Collegecombined · U · CoEd
  • Balwyn Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Yongala Street/Balwyn Road (bus)1.8 km away
  • Tea Shop1.6 km away
  • Gordon Street Reserve1.0 km away
  • Hilda Street Reserve1.3 km away
  • Unnamed1.4 km away

Balwyn at a glance

Full suburb profile
Population
13,495
Median age
43
Household income
$1,975/wk
Median rent
$451/wk
Median mortgage
$3,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Balwyn price trend

Median sold · House 4 bed

Compound growth -1.6% / yr over 4 yrs

$2.42mcurrent median

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Price history

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