15 Plymouth Street, Glen Waverley VIC 3150

4 bed, 1 bath, 650sqm | Glen Waverley | off market | single-bathroom config | 42-year-old area average The property’s strongest buying case is its block size at 650 square metres in a suburb where the average house is 42 years old, meaning comparable land parcels are scarce. The four-bedroom single-bathroom configuration is a known compromise but one that signals original condition, offering a buyer the chance to add value through renovation or extension without paying a premium for someone else’s work. This house suits a family or investor looking for long-term land holding in a stable residential zone, where the Monash council area supports consistent demand from owner-occupiers and the local population of over 42,000 residents keeps the market liquid. The single bathroom is the primary risk, limiting appeal to families who need two bathrooms and potentially reducing resale competition. However this also means the price should reflect that limitation, and the buyer can treat it as a discount for future work—adding a second bathroom or reconfiguring the floorplan. The off-market status means no bidding pressure, but also no recent sale data to benchmark against, so the buyer must rely on the comparable sale at 1 Plymouth Street for $1.42 million as a floor. Hold this property for its land value and renovate to unlock equity, or keep as a low-maintenance rental in a postcode with steady population growth.