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18 Maleela Avenue

Balwyn, VIC 3103, Australia
EOI
5 bed 5 bath 3 car1973 m²

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About this property

Renowned Reid Estate prestige surrounds the lush botanical setting of 'Macûla'; a magnificent Spanish Mission-style residence c1932 from renowned architect JFW Ballantyne that showcases beautiful original craftsmanship and sympathetic modern enhancement. Set on an expansive 1973sqm approx. allotment, this distinctive five bedroom and study sanctuary extends over two captivating levels enjoying views encompassing the northern ranges, city skyline and leafy private gardens. A return driveway with a porte-cochere creates an impressive sense of arrival with rendered triple-brick walls and artistic Caslake wrought iron that features throughout evoking the grandeur of a Cordovan provincial villa. A broad entrance hallway with polished hardwood flooring and exposed timber beams asserts a timeless presence leading to a charming old-world study and a distinguished sitting room with a monumental fireplace and arched glazing before a customised oak wet bar. A large dining room suited to formal gatherings includes direct access to a vast sandstone terrace, while a substantial service zone reveals itself with a wine cellar and storeroom and then a scullery coming off a huge granite gourmet kitchen including Smeg double ovens, Bosch dishwasher and copious bench and storage space. A free-flowing family zone with living, dining and study areas integrates a series of French doors to the garden terraces, while at the rear is a secluded games/billiard room. Enhanced by hydronic heating and air-conditioning on both levels, a versatile ground-floor bedroom complete with its own bathroom and separate external access that can provide poolside use, is accompanied by spacious accommodation up a feature custom-built staircase including a brilliant main bedroom suite (expansive WIR/dressing room, a heated-floor ensuite and a Juliet balcony), along with three additional ensuite bedrooms and a light-filled lounge retreat, all with exceptional views. The north-west grounds unfold as a layered entertaining landscape centred around a solar-heated swimming pool, where an undercover terrace (speakers) links to an elevated bluestone-paved domain bathing in sunlight, a vine-covered pergola, a utilities courtyard, greenhouse, storeroom and beautifully-established pockets of garden. There's also a powder room, laundry (ironing station, toilet), a basement plant room, large underground water tank and remote-control double garage. Surrounded by established estates, tree-lined streetscapes and elegant parkland that define one of Balwyn's most treasured precincts, this landmark family residence presents a once-in-a-generation lifestyle opportunity just a short stroll to Camberwell Grammar, Fintona and primary school, Deepdene Village cafes, Whitehorse Road restaurants and shopping, Balwyn Cinema, trams and the Anniversary Trail.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
5
Parking
3
Land Area
1973 m²
Listed
3 months ago

Repayment calculator

$13,089/month
$6,545 /fortnight
Loan $2,160,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$540,000
Stamp duty$155,500
Conveyancing (est.)$2,000
Total upfront$697,500
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 5-bedroom house in Balwyn, VIC 3103 sits within reach of public transport, local shops and nearby schools.

Schools near Balwyn

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

What's nearby

  • Whitehorse Road/Balwyn Road (bus)809 m away
  • Tea Shop397 m away
  • Gordon Street Reserve474 m away
  • Balwyn Park580 m away
  • Unnamed864 m 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 5+ bed

Compound growth +2.9% / yr over 4 yrs

$3.92mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Balwyn market

Within 5km

Nearby Properties

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