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Overview
Situated within the highly regarded Mount Waverley Secondary College zone, this substantial 731sqm parcel of land offers a rare blend of flexibility and long-term potential for a variety of buyers. Currently featuring an existing three-bedroom, one-bathroom residence with parking for two cars, the property provides immediate accommodation coupled with significant opportunities for extension or redevelopment, subject to council approvals.
The generous landholding is perfectly suited to renovators, developers, or investors seeking to create a bespoke family home or explore high-quality townhouse development options. Its location offers convenient access to Mount Waverley Village, local schools, cafés, parklands and public transport, contributing to a lifestyle of convenience and community connectivity.
- The existing residence offers a sound base for renovation or extension, allowing for personalization without compromising livability during the process.
- The sizeable land area invites a range of possibilities, from transforming the site into a luxurious new home to subdivision or redevelopment strategies favored by builders and developers.
- Its presence in a sought-after school zone enhances its appeal for families seeking educational advantages alongside strong capital growth prospects.
Overall, this property stands out as a valuable asset for buyers prioritizing location, potential and versatility, whether aiming to settle in a well-serviced suburb or seeking investment opportunities with promising future returns.
Local Market Insights
In Mount Waverley, Quiet Listings observed 47 new houses entering the market over the last 30 days, unchanged from 47 in the prior period, with an average advertised asking price of $1,818,064. The property type mix of listed properties is predominantly Houses at 69%, followed by units (15%), 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 17%. 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.
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
Location
Market Insights for Mount Waverley VIC 3149
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