309 Balaclava Road, Caulfield North VIC 3161

Two-storey family home | 401sqm floor area | five bathrooms | hydronic underfloor heating The property’s configuration sets it apart: a near-400sqm floorplate with five bathrooms and three-metre ceilings downstairs is rare in Caulfield North. The hydronic underfloor heating and double garage with storage reduce ongoing fit-out costs for a buyer. This house serves a family needing generous space and multiple bathrooms without immediate renovation. The school catchment—Malvern Primary and Glen Eira College—adds structural demand from families prioritising proximity. The 628sqm land size, while not oversized, is efficient for a two-storey design and positions the property well against newer townhouses in the area. The primary risk is the four-to-five-bedroom ambiguity, which may narrow the buyer pool to those who can interpret the floor plan flexibly. The 2012 last sale suggests limited recent renovation data, so a building and pest report is non-negotiable. The agent’s price guide and estimated $4.69 million range indicate a premium position; buyers should verify comparable sales within 500 metres from the last six months. FTTP is available, supporting remote work but not a prime driver. The property suits a hold strategy: secure it for family use or as a long-term base, with potential to reconfigure bedrooms if resale to a narrower demographic becomes necessary.