FOR SALE
Private sale: $6,000,000-$6,600,000

8-10 Railway Pde N
Glen Waverley VIC 3150

Bedrooms: 6
Bathrooms: 2
Car spaces: 3
Land area: 1769m2
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Your Ticket to Growth Zone Success

Seize the opportunity to secure this once in a lifetime offering of two side-by-side allotments encompassing a total landholding of 1769 sqm approx. in the thriving heart of Glen Waverley within the prized Residential Growth Zone (STCA).
Currently tenanted, the existing homes provide developers with a potential income stream whilst they prepare plans and permits with the residences encompassing:
Number 8: A three-bedroom home boasting a family bathroom, separate toilet, laundry, lounge with adjacent dining room, open plan kitchen and meals zone, sunroom and double garage with workshop.
Number 10: A classic three-bedroom home with modernized bathroom, traditional kitchen, L-shaped lounge and dining plus a double garage.
Complementing this prime landholding is its premier location right in the heart of Glen Waverley with zoning to Glen Waverley Secondary College (STSA) and easy walking access to Glen Waverley Primary, Wesley College, The Glen for all your shopping and dining needs, Kingsway restaurant precinct, Village Cinemas and Glen Waverley Station for travels to a from the CBD.
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Property Details for 8-10 Railway Pde N, Glen Waverley

8-10 Railway Pde N, Glen Waverley is a 6 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1769m2. The place is currently for sale with Harcourts Judd White.

Building Type
House
Land Size
1769m2

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About Glen Waverley 3150

The size of Glen Waverley is approximately 16.8 square kilometres. It has 53 parks covering nearly 13.2% of total area. The population of Glen Waverley in 2011 was 39,204 people. By 2016 the population was 40,331 showing a population growth of 2.9% in the area during that time. The predominant age group in Glen Waverley is 10-19 years. Households in Glen Waverley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Glen Waverley work in a professional occupation. In 2011, 76.4% of the homes in Glen Waverley were owner-occupied compared with 72.6% in 2016.

Glen Waverley has 19,701 properties. Over the last 5 years, Houses in Glen Waverley have seen a 20.78% increase in median value, while Units have seen a 12.26% increase. As at 30 November 2024:

  • The median value for Houses in Glen Waverley is $1,701,722 while the median value for Units is $915,173.
  • Houses have a median rent of $700 while Units have a median rent of $670.
There are currently 73 properties listed for sale, and 64 properties listed for rent in Glen waverley on OnTheHouse. According to CoreLogic's data, 746 properties were sold in the past 12 months in Glen waverley.

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Suburb Insights for Glen Waverley 3150

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Jenny Gao
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Harcourts Judd White
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