1/37 Lincoln Avenue, Glen Waverley VIC 3150
1/37 Lincoln Avenue, Glen Waverley VIC 3150
This is a three-bedroom, two-bathroom unit with two car spaces and 127 square metres of internal living area. The land size is listed at 880 square metres, which is unusually large and likely reflects the total complex lot rather than the unit’s exclusive area. The property is part of a small multi-unit complex and is positioned in a well-regarded pocket of Glen Waverley, with a light-filled layout and generous proportions that stand out against typical unit stock in the suburb.
What is competitively strong here is the combination of three bedrooms, two bathrooms, and two car spaces within a single-level configuration — a rare find in the unit market. The internal space at 127 square metres offers genuine room to spread out, which appeals directly to families or downsizers who want low-maintenance living without sacrificing floor area. The property sits in a high-performing school catchment, which adds a layer of demand that is both consistent and value-supportive. This unit serves best a buyer who prioritises space and school access over a standalone house, and who values a light-filled interior in a low-density residential setting.
The 880-square-metre land figure may create confusion about what is actually being purchased, and this is worth clarifying early. If the unit holds only a small exclusive-use area, the price premium over typical units in the suburb may be harder to justify. The absence of confirmed renovation history or construction details means the buyer should factor in potential updates to kitchens or bathrooms over the next five to ten years. Orientation is not confirmed, so a physical inspection is needed to verify natural light quality and privacy relative to neighbouring units. These factors may influence how the property is valued compared to similar offerings in the immediate area.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/37 Lincoln Avenue, Glen Waverley VIC 3150
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
1
Income Risk
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
3
Bathroom
2
Parking
2
Land
369m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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