11 Settler Court, Glen Waverley VIC 3150

3-bed freehold house | quiet court in Glen Waverley | 471-481m² land | flood overlay noted This property sits on one of the larger land parcels in a tightly held court where 95% of neighbours are owner-occupiers, a structural advantage for long-term value stability. The 255m² building footprint with solar panels and recent 2009 update means less immediate capital outlay for a buyer seeking move-in condition. Zoning to Pinewood Primary and Brentwood Secondary College strengthens its appeal to families, while the court positioning reduces through-traffic noise—a subtle but meaningful edge for resale. It best suits an owner-occupier family who values school catchment and low-turnover streets. The flood overlay is the primary risk; it may constrain future extensions and affect insurance premiums, which a buyer must quantify before bidding. The 2009 renovation is now 17 years old, so kitchen and bathroom finishes may not meet current expectations without refresh. Rental yield sits at roughly 2.6% on a $1.58m entry, which is below institutional benchmarks but acceptable for a land-holding strategy in a stable suburb. Auction on 23 May will test demand; the absence of a price guide suggests the vendor expects strong competition. Hold this property as a long-term family home and let the court location and school zoning drive capital growth.