22 Amber Grove, Mount Waverley VIC 3149

Family sized block | premium school zone | strong owner-occupier demand | no overlay constraints This property presents a rare opportunity to secure a substantial 769sqm parcel in a tightly held pocket of Mount Waverley, where owner-occupier demand consistently outpaces supply. The 4-bedroom, 3-bathroom configuration serves families well, particularly those prioritising access to Mount Waverley Primary and Secondary College. The absence of bushfire, flood, or heritage overlays simplifies future renovation or redevelopment potential. Building coverage at 34% leaves considerable scope for extension or redesign, positioning this house as both a comfortable family home and a long-term land bank. With 80% owner-occupancy on the street, neighbourhood stability is high, reducing turnover risk and supporting capital growth. The key risk lies in the property’s mixed status across platforms, with some records showing an off-market sale at $1.98 million while others list it as currently for sale. This discrepancy suggests possible dual agency or expired listing confusion, requiring verification of current vendor motivation. The 34-day average days on market for the suburb indicates reasonable liquidity, but any lingering listing could signal price resistance at current levels. The opportunity is clear: if the property is genuinely available, the combination of school catchment, large land area, and minimal overlay restrictions offers a rare entry point in a market where median prices for 4-bedroom houses sit at $1.626 million, suggesting room for negotiation above that benchmark.