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8 Allen Street, Glen Waverley VIC 3150

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$1.7M - $1.8M Medium Confidence Calculated based on our search observations.

House 4 Beds 2 Baths 2 Cars 733 m²

Listed: 10 hours ago

Overview

Situated within the coveted Glen Waverley Secondary College (GWSC) school zone, this property offers an exceptional opportunity for a diverse range of buyers including developers, builders, investors, and families seeking a foothold in a highly sought after area. Occupying a generous 733 square metre allotment, the lot size itself invites significant potential, whether for redevelopment or enhancement of the existing residence.

The current home is a well-proportioned three bedroom house designed to provide comfortable day-to-day living. Its layout includes a separate lounge and dining area, allowing for defined living zones that can cater to both casual family downtime and formal entertaining. The functional kitchen supported by a central bathroom enhances usability, while the parking provision for two vehicles adds a practical aspect to the property.

Positioned within close proximity to quality local schools, shopping precincts, parks and public transport, the location ensures convenience and connectivity, supporting an active family lifestyle. The area's established appeal and amenities, coupled with the property's scope for reimagining or renovation, position it as a promising prospect for those looking to customise a family home or capitalise on the development potential that the sizeable land parcel affords.

Local Market Insights

In Glen Waverley, Quiet Listings observed 69 new houses entering the market over the last 30 days, up from 64 during the previous 30-day period, with an average advertised asking price of $2,015,870. The property type mix of listed properties is predominantly Houses at 74%, followed by townhouses (12%), and units (10%). The most active agency for houses in the Glen Waverley area is currently Jellis Craig, representing 42% of new listings, followed by Ray White with 32%. 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.