1 Mary Street, Balwyn North VIC 3104
1 Mary Street, Balwyn North VIC 3104
Five-bedroom, two-bathroom detached house over two levels with a contemporary finish. Features include a stone kitchen with Smeg appliances, herringbone parquetry flooring, solar-heated pool and a northern rear aspect. Lot size likely between 550 and 800 square metres. Condition is as new, set within a Balwyn North locale known for strong school catchments.
This property is competitively strong for its rare configuration-five bedrooms and two bathrooms in a modern build with premium finishes and a pool-while most homes in the suburb are older or smaller. It sits above average in its street and area, appealing directly to families who want top school access without sacrificing contemporary comfort. The as-new condition and low-maintenance outdoor spaces, including the pool and covered dining area, position it as a turnkey option for those seeking a quiet family lifestyle. Its northern rear aspect and distinctive facade add to its curb appeal. The property is best suited to buyers prioritising school quality and space in a well-established, family-focused neighbourhood.
The lot size, while not confirmed, may affect long-term expansion potential or land value when compared to larger sites nearby. Premium finishes and the pool might narrow the buyer pool to those valuing luxury, which could influence how the property is priced relative to more standard homes in the area. Market conditions and the condition itself should be weighed when forming a view on value.
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Mary Street, Balwyn North VIC 3104
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
2
Execution Risk
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Market Insight
Balwyn North is a premium, family-oriented suburb in Melbourne’s inner east, underpinned by strong educational catchments and a high-income professional demographic. Demand is driven by families seeking quality schooling, sustaining a high-value housing market. Recent price trends show stability in houses but variability in units, with sales volumes solid but days on market indicating some buyer caution. Future growth is linked to its enduring appeal to affluent families, though high price points and sensitivity to economic conditions present constraints on broader affordability and momentum.
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PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
3
Land
811m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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