1 Ealing Court, Glen Waverley VIC 3150
1 Ealing Court, Glen Waverley VIC 3150
Large court block | 5-bed family layout | 173sqm internal on 704sqm land | Last sold 2018 for $1.1M | No build year confirmed
This property sits on a generous 704sqm court block in Glen Waverley, with a five-bedroom, three-bathroom configuration that serves the family owner-occupier market well. The internal area of 173sqm is modest relative to the land size, which suggests an older or more traditional house form rather than a maximised new build. That land-to-building ratio is what gives this property its edge: it offers immediate family living with scope for future extension, reconfiguration, or redevelopment, depending on zoning and buyer appetite. The court location reinforces privacy and low traffic, which is a strong draw for households prioritising safety and quiet. This property is best suited to buyers who value space and location over turnkey finish, and who are prepared to invest in upgrades or hold for long-term land value.
The absence of a confirmed build year or renovation history means the condition and efficiency of the structure are unknowns that may materially affect value. Buyers should weigh the cost of potential upgrades—such as heating, cooling, insulation, or modern finishes—against the asking price, especially since a 2018 sale of $1.1M sets a historical benchmark but does not reflect current market conditions. The large block on a court may also attract interest from developers or land-bank buyers, which could push competition above what a purely family buyer expects. A building and pest inspection, along with a check of local planning overlays, would clarify whether the land’s potential is actionable or constrained.
Detailed Independent Property Report prepared by PropCred Analyst team for 1 Ealing Court, Glen Waverley VIC 3150
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
2
URL has been copied successfully!
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.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
2
Land
704m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!