216/52-54 Osullivan Road, Glen Waverley VIC 3150
216/52-54 Osullivan Road, Glen Waverley VIC 3150
This is a 2-bedroom, 2-bathroom apartment spanning approximately 140 square metres within the Galleria complex. It includes one car space and sits directly opposite The Glen Shopping Centre. The property is zoned for Glen Waverley Primary School and Glen Waverley Secondary College.
What is competitively strong here is the combination of size and layout. At 140 square metres, this is significantly larger than most two-bedroom apartments in Glen Waverley, and the second bathroom is a genuine rarity in this segment. The location directly opposite The Glen is a clear advantage for walkability to retail, dining, and public transport, and the school catchment adds a layer of demand that many apartments in the area cannot claim. This property serves best a buyer who values convenience and space over land or privacy, such as a professional couple, an investor seeking strong rental demand, or a semi-retired buyer wanting low-maintenance living with everything nearby.
Several factors may influence how this property is valued. The building age is not confirmed but the Galleria complex is likely older stock, which can affect appeal compared to newer developments in the same precinct. Noise from the shopping centre and surrounding traffic is a real consideration for a unit on this side of the complex, particularly on weekends. The single car space may be a constraint for households with two vehicles, and while the internal size is generous, the lack of private outdoor space is typical for apartments of this era and may limit appeal for some buyers. These are points to weigh when forming a view on price, but none are unusual for the location.
Detailed Independent Property Report prepared by PropCred Analyst team for 216/52-54 Osullivan Road, Glen Waverley VIC 3150
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
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
2
Bathroom
2
Parking
1
Land
2871m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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