SOLD
Sold on 09 Feb 2024 for $1,805,000

309 Stephensons Road
Mount Waverley VIC 3149

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 234m2
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Property Details for 309 Stephensons Rd, Mount Waverley

Building Type
Commercial
Land Size
234m2
Local Government
Monash
Lot/Plan
1/TP142178

Last Listing description (October 2023)

Investment Leased to an International Food Giant

Auction - Thursday 16 November 2023 at 12 pm on site


+ Land area: 232 sqm*
+ Building area: 181 sqm*
+ 5 year lease to Domino's Pizza
+ Rental increases to $70,146 pa nett from 4/1/2024
+ ROW at the rear
+ Terms: 10% deposit, balance 60/90/120 days

Located in a busy retail precinct with access to public transport including buses and Mount Waverley train station

Just Commercial
Focused on Successful Property Outcomes

* Approx

Property History for 309 Stephensons Rd, Mount Waverley, VIC 3149

A timeline of how this property has performed in the market
Last Sold
$1,805,000
09 Feb 2024
  • 09 Feb 2024
    Sold for $1,805,000
  • 10 Oct 2023
    Listed for Sale Please Contact Agent
  • 30 Aug 2017
    Transferred
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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 17,530 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 75 properties listed for sale, and 36 properties listed for rent in Mount waverley on OnTheHouse. According to CoreLogic's data, 610 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.