1/6-8 Saladin Avenue, Glen Waverley VIC 3150
1/6-8 Saladin Avenue, Glen Waverley VIC 3150
New 4-bed townhouse | double garage | premium Glen Waverley pocket | family-oriented scheme | construction complete
This townhouse sits within a small, seven-home development on a generous 1,840 m² site, which is uncommon for new medium-density stock in this suburb. The four-bedroom, double-garage format is larger than the typical Glen Waverley dwelling, and the build quality—engineered timber floors, SMEG appliances, ducted heating and cooling, EV charging—places it at the premium end of townhouse product. It suits a family buyer or downsizer wanting low-maintenance living without sacrificing space, and the north-east orientation on rear lots adds practical light and outlook. The location’s strength is school access and established amenity, making it a strong owner-occupier purchase rather than an investment-led one.
Value may be shaped by how the individual lot sits within the scheme—rear positions with better aspect and privacy typically command a premium over front or side units. The absence of onsite amenities keeps body corporate costs low, which is a positive, but the price point sits close to older house stock in the area, so buyers might weigh the trade-off between a new build and a larger established property. Completion timing appears staged, so confirm the specific unit’s readiness before committing.
Detailed Independent Property Report prepared by PropCred Analyst team for 1/6-8 Saladin Avenue, Glen Waverley VIC 3150
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
2
Income Risk
1
Execution Risk
1
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Market Insight
Glen Waverley holds a family-oriented position in Melbourne’s eastern suburbs, with owner-occupiers and families as the clear buyer base. House values are elevated at roughly $1.73–1.8m, with annual growth of 3.9–6.5% across sources, while units sit at $895k–990k and show flat to negative growth in most reports. Houses sell in 29–53 days, confirming steady but not overheated turnover. Demand is driven by strong school catchments, transport access, and community amenities, attracting established households seeking larger dwellings. Future growth relies on sustained school-driven interest and connectivity, but affordability constraints from $1.7m+ entry prices and auction sensitivity to rate conditions temper upside. House rental yields are thin at 2.24%, and unit yields only modestly better at 3.82%, reinforcing an owner-occupier-led market over investment demand.
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PropCred Estimated Value
Comparable Sales: 4/6-8 Saladin Ave sold at $1.65M; 301B Gallaghers Rd sold at $1.58M | Property Price Band: $1.4M–$1.5M | Value Drivers: lot position, internal size, garage configuration, finish level
Bedrooms
4
Bathroom
3
Parking
1
Land
286m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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