380 Waterdale Road

Heidelberg Heights, VIC 3081, Australia

3 bed 1 bath 2 car662m²

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AI Valuation Estimate

$1.03m – $1.17m

Based on recent comparable sales in Heidelberg Heights

+6.2% suburb growth over 12 months

🏫

8.4/10

Schools

🚇

87/100

Walk Score

📈

+6.2%

Growth

🛡️

9.1/10

Safety

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Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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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.