17 Heany Street, Mount Waverley VIC 3149

17 Heany Street, Mount Waverley VIC 3149
2 bed unit in a small 4-property block | single-level layout | built 1976 | walk to Jordanville station and shops | Mount Waverley location This unit sits in a compact four-dwelling strata block, a configuration that typically offers lower body corporate fees and less competition at resale than larger complexes. The single-level, courtyard-oriented floorplan appeals to downsizers and first-time buyers seeking low-maintenance living within Mount Waverleyโ€™s strong school catchment. The 1976 brick veneer construction is a known era for solid build quality, and the private courtyard with pond adds a rare lifestyle edge that differentiates it from comparable units in the area. For a buyer, this propertyโ€™s competitive strength is its scarcity: small blocks with usable outdoor space in a walkable pocket near Jordanville station are infrequently available. The primary risk is the unitโ€™s age, which may involve deferred maintenance on common property or the need for updates to kitchen and bathroom, though the comparable unit at 2/17 was renovated at sale in 2015. Limited parking to one space could be a constraint for multi-car households. The lack of recent sales in the complex means pricing must be benchmarked against similar two-bedroom units in Mount Waverley, where the median unit value sits around $1.1 million. The opportunity lies in the locationโ€™s enduring demand from families and professionals priced out of detached houses. Hold this property as a long-term residential investment or owner-occupier base, trading capital growth for low holding costs.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 17 Heany Street, Mount Waverley VIC 3149
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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.
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PropCred Estimated Value

Bedrooms

3

Bathroom

3

Parking

2

Land

919mยฒ

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