57 Lansdown Street, Balwyn North VIC 3104

4–5 bed house on 720m² | Balwyn High zone | renovation or redevelopment | family or developer demand The property’s combination of a 720m² landholding and Balwyn High zoning is its primary competitive strength, as this pairing is increasingly uncommon and consistently sought by families and developers. The existing 148m² internal area, while modest, provides a functional shell that can be renovated or extended, and the reported features such as reverse-cycle air conditioning, floorboards, and a courtyard support immediate liveability. This house sits in an established residential pocket where detached stock on substantial parcels is the norm, meaning it aligns well with local buyer expectations. It is best suited to a buyer who sees value in the land and school access rather than a turnkey finish. The four-to-five bedroom configuration discrepancy across sources may reflect a flexible layout that could be presented differently to different buyer types, and this should be verified on inspection. The older building age and “potential” marketing signal that capital expenditure is likely required, which may affect both the purchase decision and the eventual resale value. The 2014 sale price of $1.5M provides a long-term price anchor, but the current guide suggests significant land value growth has occurred, so a buyer should assess whether the land’s redevelopment or renovation potential justifies the premium over the existing dwelling’s condition.