15 Gwingana Cres, Glen Waverley VIC 3150

Large 1707sqm block in Glen Waverley | Lowset house with pool and solar | 100% owner-occupied street | Zoned for Mount View Primary and Brentwood Secondary. The property’s primary advantage is its exceptionally rare 1707sqm land holding on a street with zero rental stock, which signals a tightly held, stable neighbourhood and reduces turnover risk for a buyer. The low building coverage of 25% and 8m roof height offer genuine future redevelopment optionality, while the existing pool and solar panels reduce immediate holding costs. This house is best suited to a buyer who values long-term land banking in a premium family corridor, with current liveability for immediate occupation. The main risk is the 1970s build quality and the discrepancy between detected building size and floor area, which may indicate non-permitted additions or inefficient layout—this warrants a building and pest inspection before auction. The auction format and recent comparable sales gap create pricing uncertainty, but the 2013 purchase price of $2.2M provides a floor for vendor expectation. The property should be held as a land-hold play with the house as a functional interim dwelling, not as a renovation target.