2/19 Lynden Grove, Mount Waverley VIC 3149
2/19 Lynden Grove, Mount Waverley VIC 3149
4-bed modern townhouse on 238m² | high ceilings, premium finishes | school catchment appeal | double garage and storage
Presented as a rare modern infill in a suburb of older detached houses, this property is arranged to deliver the capacity of a family house. Four bedrooms, three bathrooms and a double garage are matched with a 238m² land holding that keeps upkeep minimal. High ceilings, oversized windows and quality fixtures are offered as standard, lifting the property above typical unit stock. Its walking distance to a well-regarded primary school and transport access are recognised as key conveniences. The three-bathroom layout is uncommon, and the property is suited to families, downsizers and professional couples seeking move-in-ready quality.
Value may be shaped by the exact school-zone outcome. The compact land size might be considered limiting for backyard buyers. Condition and presentation are expected to be strong, but pricing could be affected by any variation in fit-out quality. Demand for low-maintenance townhouses is seen as supporting interest, though an unknown is left by the absence of aspect data.
>> Comparable Sales: 2/57 Lynden Grove, 3 bed, 2 bath, 2 car, sold Oct 2025 for $1.51m; 19 Hayfield Road, 4 bed, 2 bath, 4 car, sold Dec 2025 for $1.84m | Property Price Band: $1.5M-$1.6M | Value Drivers: modern specification, school zone proximity, low-maintenance layout
Detailed Independent Property Report prepared by PropCred Analyst team for 2/19 Lynden Grove, Mount Waverley VIC 3149
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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Market Insight
Mount Waverley’s residential market centres on family-oriented housing, with a median house price of $1.65m and units at $1.1275m. Houses grew 1.2% annually, units 1.9%; days on market range from 39 to 57, indicating balanced turnover. Gross rental yields are low at 2.7% for houses and 3.3–3.6% for units. Demand is driven by professional families in couples-with-children households (53%), supported by above-$2,000 weekly incomes and high-performing public and private schools. Established buyers dominate, with 42% outright owners and over 30% aged above 55. Future growth hinges on Glen Waverley line rail upgrades, level crossing removals, and Monash precinct employment. Constraints include affordability stress from elevated prices and interest-rate sensitivity, tight supply, and limited new developments.
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PropCred Estimated Value
Bedrooms
4
Bathroom
3
Parking
2
Land
237m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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