2/197 Waverley Road, Mount Waverley VIC 3149

2/197 Waverley Road, Mount Waverley VIC 3149
Single-level unit with street frontage | 2-car parking generous for this format | Bedroom count disputed between 2 and 3 | Suits low-maintenance buyers seeking space. A single-level unit with its own street frontage is relatively rare in established suburban infill, giving this property a townhouse-like feel that broadens its buyer pool beyond standard apartment seekers. The reported 2-car provision is generous for a unit of this size, and the 182 sqm land footprint offers more outdoor scope than typical low-rise stock. This configuration serves downsizers wanting no stairs, first-home buyers seeking a detached feel without full house maintenance, and small families who value parking and ground-level access. The property sits in a suburb where detached homes dominate, so this format stands out as a lower-maintenance alternative with genuine street presence. The conflicting bedroom count across sources may affect how the property is marketed and perceived by different buyer segments. If it is genuinely a 2-bedroom layout, its value ceiling will be lower than comparable 3-bedroom units, narrowing the buyer pool. The lack of verified build age, finish quality, and aspect means the property’s condition and orientation could significantly influence its realised price, as buyers will assign a premium or discount based on what they see in person. A neutral or unfavourable aspect or dated interior may require price adjustment to attract interest in a market where updated stock typically commands attention.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/197 Waverley Road, 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

1

Parking

2

Land

182mยฒ

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