23 Kiah Street, Glen Waverley VIC 3150

| Kiah Street, Glen Waverley | 710m² freestanding | 1970 build, high ceilings | Strong owner-occupied street | No overlays | This property offers a rare combination of a full 710m² building footprint on a freestanding lot in a street where 70% of residents are long-term owners, indicating a stable and desirable pocket. The 1970 build with high ceilings and an open fireplace provides structural character that modern infill often lacks, while the absence of bushfire, flood, or heritage overlays removes common approval risks. It is best suited to a buyer seeking a substantial family home in a proven growth corridor, with the school catchment for Glendal Primary and Highvale Secondary adding demand depth. The primary risk is the building coverage at 100% of the lot, which limits future extension or redevelopment potential without significant structural work. The price guide sits below the estimated market value of $1.919m and recent street sales (e.g., 30 Kiah Street at $2.162m after 34 years), suggesting a possible entry discount for a buyer willing to hold. The property should be treated as a long-term family hold, leveraging the street’s strong tenure profile and the suburb’s active sales market for capital growth rather than short-term flipping.