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.
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.
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:
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