FOR SALE
$1,150,000-$1,265,000

110 Waverley Road
Chadstone VIC 3148

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 602m2
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Prime Development Opportunity: Option to buy neighbouring property with plans & permits to build 4 townhomes

- We are pleased to present a compelling development opportunity at 110 Waverley Road, Chadstone. This prime site, totaling 602 square meters and or the option to buy both 110 & 112 which has been approved for the construction of four modern townhouses on 1204sqm. This approval allows developers to move forward with confidence in creating a sought-after residential project in a highly desirable area.Strategically located, this property offers unparalleled convenience and accessibility. It is just moments away from Chadstone Shopping Centre, renowned cafes in Oakleigh, Holmesglen train station, St Mary Magdalen's Primary School, Salesian College, parks, and the Monash Freeway. This ideal location ensures strong appeal for both developers and future residents seeking a vibrant, well-connected community.With convenient access to a wealth of amenities and surrounded by established infrastructure, this site promises lucrative returns and represents a rare opportunity to invest in one of Chadstone's most coveted locales.
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Property Details for 110 Waverley Rd, Chadstone

110 Waverley Rd, Chadstone is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 602m2. The place is currently for sale with Zed Real Estate.

Building Type
House
Land Size
602m2

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About Chadstone 3148

The size of Chadstone is approximately 3.1 square kilometres. It has 7 parks covering nearly 9.6% of total area. The population of Chadstone in 2011 was 7,819 people. By 2016 the population was 8,626 showing a population growth of 10.3% in the area during that time. The predominant age group in Chadstone is 20-29 years. Households in Chadstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chadstone work in a professional occupation. In 2011, 59.6% of the homes in Chadstone were owner-occupied compared with 57.5% in 2016.

Chadstone has 5,047 properties. Over the last 5 years, Houses in Chadstone have seen a 23.14% increase in median value, while Units have seen a 12.15% increase. As at 31 October 2024:

  • The median value for Houses in Chadstone is $1,274,450 while the median value for Units is $869,059.
  • Houses have a median rent of $635 while Units have a median rent of $600.
There are currently 13 properties listed for sale, and 20 properties listed for rent in Chadstone on OnTheHouse. According to CoreLogic's data, 178 properties were sold in the past 12 months in Chadstone.

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Hero Thilakaratne
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Ash Panwar
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