13 Lewis Street, Mount Waverley VIC 3149
13 Lewis Street, Mount Waverley VIC 3149
6-bed house on 739m² | Mount Waverley | Off-market | Larger configuration than street average
This property presents a rare, large-format family offering in Mount Waverley, distinguished by its six-bedroom, five-bathroom configuration on a substantial 739 square metre block. This scale is uncommon for Lewis Street, where most listings are smaller, positioning this house for a buyer seeking multi-generational living or significant space. Its off-market status suggests a potential negotiated advantage, but also limits open competition to validate the price. The house best serves an owner-occupier who values internal space over immediate proximity to amenities, given the lack of data on local features.
The primary risk is pricing without recent, direct comparable sales; the only current benchmark is a smaller, lower-priced home on the same street. The estimated value relies on its configuration edge, but the absence of data on condition, aspect, or school zones introduces valuation uncertainty. Proceed only with a structured due diligence process targeting building quality and zoning, as the lot size offers future subdivision potential subject to council approval. This is a hold property for a long-term occupant, not a short-term trade.
Detailed Independent Property Report prepared by PropCred Analyst team for 13 Lewis Street, Mount Waverley VIC 3149
Checks found:
Value Risk
!
1
Liquidity Risk
✕
2
Planning Risk
✕
2
Income Risk
✓
Execution Risk
✓
Insight: Mount Waverley VIC 3149
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.
PropCred Estimated Value
Bedrooms
Bathroom
Parking
2
Land
654m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst