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2/40 Banks Road, Eltham North$1.60m
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Soldhouse

2/40 Banks Road

Eltham North, VIC 3095, Australia
$1.60m
5 bed 4 bath 2 car1134 m²

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About this property

Perched high on an expansive 1,134m² allotment (approx.), this outstanding multi-level residence delivers refined family living with sweeping views across the treetops to the distant ranges. Designed to maximise natural light and generous proportions, it offers a superb balance of luxury, comfort and flexibility. Multiple living zones provide exceptional versatility. An expansive lounge, warmed by a woodfire heater and complete with theatre equipment, opens through a wall of bifold doors to a broad entertaining deckcreating a seamless indoor-outdoor connection framed by breathtaking outlooks. A separate family living area extends to a second deck, offering yet another inviting space to relax or entertain against a stunning ranges backdrop. At the heart of the home, the stone-finished kitchen impresses with its sleek glass splashback, quality Smeg appliances and breakfast benchperfect for casual meals or gathering with friends while meals are prepared. Accommodation is equally well-considered. The main bedroom enjoys direct deck access and features a fitted walk-in robe and a luxurious stone ensuite with dual basins and a spa bath. Two additional bedrooms share a beautifully appointed bathroom with an oversized shower, while a fourth bedroomcurrently configured as a studybenefits from its own ensuite, making it ideal for guests, extended family or multi-generational living. Outdoors, the terraced rear yard is a private sanctuary set amid lush greenery and distinctive crazy paving. A sparkling swimming pool forms the centrepiece, complemented by firepit seating, raised vegetable beds and a substantial, fully self-contained studio. Finished with timber floors, a full bathroom and extensive built-in storage, the studio offers outstanding flexibility as teenage accommodation, guest quarters or a dedicated work-from-home spaceseparate from the main residence. Further highlights include remote-control blinds, individual climate control units to almost every room, ceiling fans, a well-equipped laundry with storage, and a remote double garage with abundant shelving integrated beneath the home. Positioned within the sought-after St Helena College zone, this premium address is just a short walk to bus services and extensive parklands, and only minutes from St Helena Market Place and Eltham for shopping, dining, entertainment and train access. An exceptional opportunity to secure a spacious, feature-rich family retreat in a highly desirable locale. *** PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS ***

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
5
Bathrooms
4
Parking
2
Land Area
1134 m²
Listed
3 months ago

Repayment calculator

$7,757/month
$3,878 /fortnight
Loan $1,280,000 at 6.10% over 30 years

Upfront costs

Deposit$320,000
Stamp duty$88,000
Conveyancing (est.)$2,000
Total upfront$410,000
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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 Eltham North

This 5-bedroom house in Eltham North, VIC 3095 sits within reach of public transport, local shops and nearby schools. It is listed 57% above the $1.02m median of 65 comparable houseswithin 5 km.

Schools near Eltham North

  • Eltham North Primary Schoolprimary · Prep-6 · CoEd
  • Glen Katherine Primary Schoolprimary · Prep-6 · CoEd
  • Holy Trinity Primary Schoolprimary · Prep-6 · CoEd
  • St Helena Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Banks Road/Wattletree Road (bus)263 m away
  • Cathron Roads982 m away
  • Glen Park Road Reserve294 m away
  • Unnamed339 m away
  • Burns Court Reserve614 m away

Eltham North at a glance

Full suburb profile
Population
6,830
Median age
42
Household income
$2,770/wk
Median rent
$512/wk
Median mortgage
$2,300/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Eltham North price trend

Median sold · House 5+ bed

Compound growth +2.4% / yr over 4 yrs

$1.57mcurrent median

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