21 Edith Street, Glen Waverley VIC 3150

Grand French Provincial on 826sqm | Wesley College doorstep | dual-living layout | Monash Council prime zone This is a rare configuration for Glen Waverley: a chateau-style residence on over 800 square metres with a five-bedroom, five-bathroom floorplan that effectively separates the master suite from the other bedrooms. The parquetry flooring, gas log fireplace, and formal lounge signal a build quality above the suburb’s median, and the positioning directly beside Wesley College gives it a structural advantage for families prioritising private school access. The 34% building coverage leaves meaningful land buffer, and the 75% owner-occupier street profile suggests stable neighbourhood demand. This property suits a buyer who values prestige presentation and school proximity over renovation upside. The primary risk is the gap between the $2.35 million estimated value and the $4.5–4.9 million price range — a 91–108% premium that demands justification from the chateau finish and school adjacency alone. The November 2024 sale at $2.235 million sets a recent benchmark, so any offer above $3.8 million needs clear evidence of scarcity. The Monash Council zoning and absence of bushfire, flood, or heritage overlays reduce holding risk. A buyer should treat this as a long-term hold for family use, not a flip, and negotiate hard against the listing range.