SOLD
Sold on 06 Jul 2024 for $1,771,000

1 Dean Avenue
Mount Waverley VIC 3149

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Land area: 843m2
Sold By
Jellis Craig Monash
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Property Details for 1 Dean Ave, Mount Waverley

Building Type
Land
Land Size
843m2
Local Government
Monash
Lot/Plan
38/LP30033

Last Listing description (July 2024)

Prepare for an exhilarating new beginning with this original 3 bedroom, 1 bathroom weatherboard charmer, occupying a vast elevated allotment spanning 843 sqm (approx). Cherished by the same family for five decades, this exceptional opportunity presents remarkable versatility, such as a state-of-the-art townhouse redevelopment, luxurious new home site or the option to retain and modernise for investment purposes, potentially adding a second dwelling at the rear for further gains (STCA). Lease out temporarily while determining future ambitions and capitalise on a prized north-facing rear and prime locale within the Mount Waverley Secondary College catchment, a short stroll to Syndal South Primary (zone), Valley Reserve, Huntingtower, Syndal Station and shops.

Property History for 1 Dean Ave, Mount Waverley, VIC 3149

A timeline of how this property has performed in the market
Last Sold
$1,771,000
06 Jul 2024
  • 06 Jul 2024
    Sold for $1,771,000
  • 14 Jun 2024
    Listed for Sale Contact Agent

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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 17,621 properties. Over the last 5 years, Houses in Mount Waverley have seen a 20.49% increase in median value, while Units have seen a 19.43% increase. As at 30 November 2024:

  • The median value for Houses in Mount Waverley is $1,650,245 while the median value for Units is $1,116,097.
  • Houses have a median rent of $700 while Units have a median rent of $680.
There are currently 57 properties listed for sale, and 24 properties listed for rent in Mount waverley on OnTheHouse. According to CoreLogic's data, 632 properties were sold in the past 12 months in Mount waverley.

Suburb Insights for Mount Waverley 3149

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.