18 Wave Avenue, Mount Waverley VIC 3149

New build with conflicting specs | established street | solar confirmed | strong school zone | no overlays This property presents a compelling opportunity due to its modern construction and rare configuration as a potential five-bedroom home in a stable, well-located street. The absence of environmental overlays and presence of solar panels reduce holding costs and risk, making it particularly suitable for a growing family seeking long-term security within a prized school catchment. Its newness minimises immediate capital expenditure. The primary risk is the significant discrepancy in reported bedroom and bathroom counts, which creates valuation uncertainty and could impact both financing and resale. A buyer must immediately verify the true layout through a physical inspection and council permits. If confirmed as a five-bedroom home, it commands a scarcity premium over the three-bedroom comparables. Proceed only with verified specifications, as this dictates the entire investment thesis. Comparable sales indicate a clear value benchmark: * A 3-bed, 2-bath home on Wave Avenue sold for $1.23m. This sale anchors the floor value for a three-bedroom home. The subject property’s potential five-bedroom configuration, if verified, positions it in a higher, less crowded price segment, justifying a premium over the $1.23m benchmark, though well below the top automated valuation.