Stop scrolling. This is the one.
7 Jolie Vue Road, Balwyn North. Listed at $3,990,000. The first buyer to present a signed contract at that price owns it. No auction. No rounds. No games. One price - and it's gone the moment someone bolder than you pick's up the phone.
This is a Brand New 5 Bedroom family living in one of Melbourne's most fiercely defended postcodes - and if you know Balwyn North, you know exactly why families fight to get here and rarely leave.
THE COMPLETE PACKAGE
• Five spacious bedrooms with ENS, including ground-floor guest suite for multi-generational living
• Three separate living zones plus Home Office
• Induction cooktop plus a Spacious butler's pantry with gas cooking
• Underfloor heating to the main and guest ensuites
• Northern light takes centre stage in the living and dining areas
• Double garage with internal access and Security System CCTV
• Low Maintenance Sports turf area for family recreation
• Zoned Ducted Heating and refrigerated cooling and Gas Fireplace
• Within the coveted Balwyn High School zone
THE SCHOOLS ALONE CHANGE EVERYTHING
Firstly - walk to the end of your street for your local Primary School, followed by Balwyn High School - consistently among Victoria's top-performing state schools, with a strictly enforced zone that commands a genuine price premium - is your designated secondary school. Balwyn North Primary, Greythorn Primary, and Boroondara Park Primary anchor the primary years, with Trinity Grammar, Camberwell Grammar, and Fintona all within easy reach for families weighing private options. This is twelve-plus years of elite schooling locked in the moment you sign. You cannot buy this certainty from any other postcode at this price.
THE LIFESTYLE IS THE WHOLE POINT
Macleay Park delivers playgrounds, walking trails, and green space minutes from your front door. Gordon Barnard Reserve adds a major sporting oval and connected parklands. Koonung Creek Reserve winds through the suburb for weekend rides and morning runs. Greythorn Central puts great coffee, local shopping, and community within walking distance. The Eastern Freeway and tram network mean you keep the quiet streets without sacrificing the city.
Inside, [Key Feature - e.g. a beautifully renovated open-plan kitchen and living space] is built for real family life, with [Key Feature - e.g. generous bedrooms, private outdoor entertaining, and a double garage] completing a package that works from day one without a single tradie required.
AND THIS IS WHERE IT GETS SERIOUS
Think you'll build instead? Run the numbers first.
It is now 44.8 per cent more expensive to build a new house than it was before COVID. The average cost of building a detached house has risen 62% since 2019 and construction costs are forecast to rise a further 4-6% nationally in 2026, with Melbourne expected to see another 4% increase on top of that. Factor in labor, materials, and trades, and total construction costs for a custom home build could run up to 15% higher again compared to just twelve months ago. That's before delays, variations, and the months, sometimes years of your life you won't get back.
This home is already built. Already finished. Move in ready.
FOR THE UPSIZER: Your family has outgrown your current home, and you know it. The window to upsize into a Balwyn North address while holding your existing property's CGT-free gains is open right now. Don't wait until build costs eat your equity advantage.
FOR THE INVESTOR: Negative gearing is still on the table. A quality established home in a blue-chip school zone, in a suburb where demand structurally outstrips supply - that's the formula. And you're acquiring it at a time when your competition is being priced out of building anything comparable.
FOR EVERY BUYER: The family home remains Australia's most powerful tax-free asset. No CGT on your primary place of residence. With recent federal changes tightening tax treatment across shares, superannuation, and trusts, the PPOR exemption has never been more valuable. Sitting on the fence isn't neutral. It costs you.
The market is uncertain. This address isn't.
$3,990,000 Signed contract. Property secured. Contact Paul Richards today. The contract of sale is ready right now because the only thing standing between you and this home is whether someone else calls first.
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