15 Florence Street, Glen Waverley VIC 3150

French-inspired luxury | 5-bed all-ensuite | top school zone | 55% site coverage | clean overlays This property occupies a rare position in Glen Waverley’s luxury segment. The all-ensuite configuration across five bedrooms is uncommon and directly addresses the premium family buyer’s desire for guest or multigenerational autonomy. The 55% site coverage on a 699m² lot signals deliberate design over volume, which may limit appeal for developers but strengthens exclusivity for owner-occupiers. Zoning to Glen Waverley Secondary College within walking distance creates a durable demand floor. This house suits a high-net-worth family prioritising school catchment, new build quality, and turnkey condition over land banking. The primary risk is pricing above the suburb’s five-bed median by a wide margin, meaning the buyer pool narrows to those who value the French aesthetic and school zone over raw land value. The street’s 60% owner-occupier rate supports stable neighbourhood character, but the recent $3.168m sale nearby sets a local ceiling for comparables. Opportunity lies in holding for the school catchment’s long-term capital flow rather than short-term flipping. Use this property as a long-term family residence where the premium is justified by lifestyle and school access, not speculative resale.