108/519-521 High Street Road, Mount Waverley VIC 3149

108/519-521 High Street Road, Mount Waverley VIC 3149
compact one-bedroom apartment | Mount Waverley Secondary College catchment | strong rental yield near 5.8% | modern finish with balcony and car space | limited internal space for owner-occupiers This property is competitively positioned as a low-maintenance, modern apartment in a suburb dominated by family homes, offering a rare entry point for first-home buyers and investors seeking a strong rental return. Its location within the Mount Waverley Secondary College catchment, combined with proximity to rail, shopping, and dining, gives it a clear advantage over similar one-bedroom stock in less connected areas. The modern fit-out, balcony, and basement car space further enhance its appeal to downsizers or professionals who value convenience without sacrificing quality. The small 59-square-metre floorplan may limit its appeal to owner-occupiers seeking more space, which could affect resale velocity in a slower market. Body corporate fees and outgoings, not disclosed in the available data, might materially impact the net yield for an investor and should be confirmed before forming a price view. The absence of information on floor level and aspect means the apartment’s light and noise profile remains unverified, factors that could influence its relative value within the building.
Detailed Independent Property Report prepared  by PropCred Analyst team for 108/519-521 High Street Road, Mount Waverley VIC 3149
Checks found:
Value Risk ✓
Liquidity Risk ✕ 2
Planning Risk ! 1
Income Risk ✓
Execution Risk ! 1
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

Market Insight

Mount Waverley is a premium, family-centric suburb characterised by strong demand from high-income professionals drawn to its top-tier schools and established neighbourhoods. This demographic is driving consistent, albeit modest, price growth in a market with low stock and competitive sales volumes. Future performance is underpinned by its enduring appeal to families and planned transport upgrades, though high entry prices and sensitivity to interest rates present notable constraints on affordability and accessibility.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

1

Bathroom

1

Parking

1

Land

1210m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat