316/2 Snedden Drive, Glen Waverley VIC 3150

316/2 Snedden Drive, Glen Waverley VIC 3150
A two-bedroom two-bathroom apartment is offered here with one secure car space and a main bedroom that includes a walk-in robe and ensuite. This unit was built in 2020. An internal laundry and lift access are included. Located in Glen Waverley the property sits within a high-demand area known for its school zones and shopping amenities. A competitively strong position is held by this apartment due to its modern construction and premium finishes that are less common in the area’s older stock. The inclusion of a ensuite and walk-in robe in the main bedroom is considered a notable advantage for this size. Glen Waverley is recognised for its established infrastructure and strong rental demand, making this unit particularly suitable for young families who are seeking school proximity or investors who are targeting steady occupancy. The property’s location within a sought after suburb is reinforced by its access to public transport and retail centres. Several factors may be considered when forming a view on price. The shared land footprint is minimal which might limit capital growth compared to detached homes. The exact floor level is not confirmed so views and noise exposure are uncertain. An awareness of these points are recommended when evaluating the property’s long-term value.
Detailed Independent Property Report prepared  by PropCred Analyst team for 316/2 Snedden Drive, Glen Waverley VIC 3150
Checks found:
Value Risk ! 1
Liquidity Risk ! 1
Planning Risk ✓
Income Risk ! 1
Execution Risk ✕ 2
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Market Insight

Glen Waverley is a premium, family-centric suburb anchored by its highly regarded school catchments, which are a primary driver of demand from owner-occupiers. This has supported consistent price growth for houses, though the market shows some sensitivity to broader economic conditions. Future demand is underpinned by these established educational amenities and strong community infrastructure, yet significant entry prices present a notable affordability constraint for new buyers.
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PropCred Estimated Value

Bedrooms

2

Bathroom

2

Parking

1

Land

7.7 ha

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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