SOLD
Sold on 15 Jun 2024 for $1,160,000

395 Waverley Road
Mount Waverley VIC 3149

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 155m2
Land area: 794m2
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Property Details for 395 Waverley Rd, Mount Waverley

395 Waverley Rd, Mount Waverley is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 794m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Mount Waverley in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
155m2
Land Size
794m2
Local Government
Monash
Lot/Plan
11/LP41868

Last Listing description (June 2024)

This exceptional property, situated on a generous 794m2 block within the coveted Mount Waverley school zone, presents an excellent opportunity for both homeowners and investors. Featuring three spacious bedrooms, a huge living area complete with a mini bar, and ample outdoor space, this home is designed for comfortable living and entertaining. The property's versatility extends beyond residential use, offering great potential as a rental investment and significant development prospects, including the possibility for a medical centre or commercial establishment (subject to council approval, STCA).

Though the home remains in its original state, it serves as a blank canvas for renovation enthusiasts. In the meantime, it can be rented out while planning applications are processed, benefiting from its excellent condition. Each of the three well-sized bedrooms provides ample storage space, with two bedrooms boasting walk-in robes (WIR). The master bedroom further impresses with an ensuite that includes a walk-in robe, offering added convenienceandluxury

The property also features a substantial outdoor veranda, perfect for hosting large family gatherings and BBQs. This expansive space is ideal for enjoying the outdoors and creating memorable moments with loved ones. Additionally, the living area is fitted with one split system and multiple fans throughout the home to ensure year-round comfort. Whether you're looking to secure a solid rental yield or capitalize on the development potential, this property offers a range of opportunities to suit various needs andaspirations.

Property History for 395 Waverley Rd, Mount Waverley, VIC 3149

A timeline of how this property has performed in the market
Last Sold
$1,160,000
15 Jun 2024
Listed for Rent
$460/w
11 May 2022
  • 15 Jun 2024
    Sold for $1,160,000
  • 01 Jun 2024
    Listed for Sale AUCTION THIS SATURDAY 11AM
  • 13 Apr 2022
    Listed for Rent $460 / week
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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 17,535 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 79 properties listed for sale, and 38 properties listed for rent in Mount waverley on OnTheHouse. According to CoreLogic's data, 618 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.