380 Waterdale Road
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About this property
A rare, permit-approved landholding in one of Heidelberg Heights' most connected pockets, this outstanding development opportunity is ready to reward decisive developers. Set within immediate reach of Burgundy Street's vibrant café culture, Darebin Creek trails, Northland Shopping Centre and the Warringal Parklands, the site combines lifestyle demand with proven buyer appeal. The approved building envelope of approximately 662sqm accommodates 14 contemporary residences, thoughtfully designed to meet modern market expectations. A mix of one- and two-bedroom apartments with one or two bathrooms provides flexibility to target owner-occupiers and investors alike, responding directly to ongoing demand for low-maintenance, easy-living homes. Future residences are positioned to deliver enduring lifestyle value, with scope for a refined material palette and considered design expressionallowing developers to elevate the project while maintaining strong commercial fundamentals. This amenity-rich location places parks, schools, major retail, and public transport at the doorstep, with La Trobe University nearby and Heidelberg Station and key arterial roads ensuring seamless connectivity. The result is a compelling offering: approval certainty, design flexibility, and a location that consistently attracts buyers seeking convenience without compromise.
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 1
- Parking
- 2
- Land Area
- 662 m²
- Listed
- 3 months ago
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Neighbourhood
Living in Heidelberg Heights
This 3-bedroom house in Heidelberg Heights, VIC 3081 sits within reach of public transport, local shops local amenities. It is listed 39% above the $825,000 median of 61 comparable houseswithin 5 km.
What's nearby
- Altona Street/Edwin Street (bus) — 577 m away
- Bella — 251 m away
- James Reserve — 505 m away
- Narvik Crescent Reserve — 699 m away
- Unnamed — 904 m away
Heidelberg Heights at a glance
Full suburb profile- Population
- 6,758
- Median age
- 35
- Household income
- $1,817/wk
- Median rent
- $381/wk
- Median mortgage
- $2,167/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Heidelberg Heights price trend
Median sold · House 3 bed
Compound growth -1.3% / yr over 4 yrs
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Full Heidelberg Heights marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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