FOR SALE
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378-380 Waverley Road
Mount Waverley VIC 3149

Bedrooms: 8
Bathrooms: 2
Car spaces: 2
Land area: 1596m2
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Rare Opportunity: Dual Blocks for Development or Dream Homes!

An exceptional chance awaits you with the offering of two distinct blocks, available either together or individually, culminating in an expansive combined land parcel exceeding 1,596m2 (approx.). Ideal for investors and developers keen on unlocking the property's latent potential, this opportunity is one you cannot afford to overlook.
The substantial land size allows for potential multi-unit development (STCA), making it an enticing prospect for those considering redevelopment. The property at 378 Waverley Road boasts a spacious 5-bedroom, 1-bathroom home on an ample 855m² (approx) allotment, while 380 Waverley Road features a separate 3-bedroom, 1-bathroom dwelling on a 741m² (approx.) allotment. Both properties present promising opportunities for crafting your dream home or envisioning a multi-unit site (STCA).
Nestled in the coveted MWSC catchment, the location is just moments away from Mount Waverley Village, schools, transportation, and lush parklands. Easy access to Valley Reserve, train stations, Huntingtower School, Monash Freeway, Monash University, and various bus routes adds further appeal. With its myriad possibilities, seize the moment to capitalize on the potential of this unique proposition!
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Disclaimer: We have in preparing this document used our best endeavors to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
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Property Details for 378-380 Waverley Rd, Mount Waverley

378-380 Waverley Rd, Mount Waverley is a 8 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1596m2. The place is currently for sale with Professionals First & Co.

Building Type
House
Land Size
1596m2

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About Mount Waverley 3149

The size of Mount Waverley is approximately 15.2 square kilometres. It has 41 parks covering nearly 11.6% of total area. The population of Mount Waverley in 2011 was 32,077 people. By 2016 the population was 33,613 showing a population growth of 4.8% in the area during that time. The predominant age group in Mount Waverley is 40-49 years. Households in Mount Waverley are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Waverley work in a professional occupation. In 2011, 76.8% of the homes in Mount Waverley were owner-occupied compared with 74.2% in 2016.

Mount Waverley has 17,510 properties. Over the last 5 years, Houses in Mount Waverley have seen a 22.51% increase in median value, while Units have seen a 19.94% increase. As at 31 October 2024:

  • The median value for Houses in Mount Waverley is $1,649,002 while the median value for Units is $1,127,316.
  • Houses have a median rent of $700 while Units have a median rent of $680.
There are currently 73 properties listed for sale, and 39 properties listed for rent in Mount waverley on OnTheHouse. According to CoreLogic's data, 607 properties were sold in the past 12 months in Mount waverley.

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