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Overview
Set within a tranquil court in Mount Waverley, this substantial landholding of approximately 1,355 square metres offers a rare development opportunity in a coveted location. The generous parcel presents significant potential for builders, developers, or land buyers aiming to capitalize on extensive space in a sought-after suburb.
The existing residence, comprising three bedrooms and two bathrooms alongside single-car accommodation and a flexible rumpus room, provides comfortable living while planning future enhancements or redevelopment. This flexibility makes the property suitable for those seeking an established home or a target for redevelopment subject to council approval.
Its peaceful setting benefits from convenient proximity to Pinewood Primary School, Mount Waverley Secondary College, and Huntingtower School, appealing to families prioritizing educational access. Nearby amenities including shopping villages, cafes, and public transport further enrich lifestyle convenience, supporting everyday living and weekend leisure activities.
The property's scale and location unlock expansive landscaping, additional parking, and outdoor recreation possibilities, enhancing both lifestyle and long-term investment potential. Overall, this land-rich offering provides a noteworthy canvas for those desiring space, location and versatility in one of Melbourne’s esteemed suburbs.
Local Market Insights
In Mount Waverley, Quiet Listings observed 45 new houses entering the market over the last 30 days, down from 51 during the previous 30-day period, with an average advertised asking price of $1,842,422. The property type mix of listed properties is predominantly Houses at 69%, followed by units (16%), and townhouses (13%). The most active agency for houses in the Mount Waverley area is currently Jellis Craig, representing 53% of new listings, followed by Buxton Real Estate Group with 16%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Mount Waverley VIC 3149
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