1/17-19 St Albans Street Mount Waverley VIC 3149

3-bed townhouse | 374m² land | 5G coverage | 0.5km to secondary college | on-site auction scheduled This townhouse presents a competitively strong land component for its type, with a 374-square-metre parcel exceeding typical strata offerings. Its proximity to Mount Waverley Secondary College positions it for sustained demand from families, further supported by multiple inspection times indicating active market engagement. The configuration is best suited for an owner-occupier or long-term holder seeking a low-maintenance footprint with genuine suburban space. The primary risk mechanism is the dated sale history, with no transaction since 1997 obscuring true market calibration and potentially masking capital works. The scheduled auction introduces price volatility, while the modest 2.6% rental yield limits income appeal. Proceed only with a disciplined bid strategy anchored to the cost per square metre metric; this is a hold property for capital growth, not yield. Our report validates this by isolating real market valuation from listed prices, providing essential checks on locality risks and building composition for informed bidding.