24 Stableford Avenue, Glen Waverley VIC 3150

24 Stableford Avenue, Glen Waverley VIC 3150
Four-bedroom brick house | Glen Waverley Secondary zone | Well-maintained, open to updates | In sought-after suburb. This property presents a competitively strong offering within a premier school catchment, a key driver of demand and capital stability in this market. Its four-bedroom, two-bathroom configuration with a study caters directly to the family buyer segment, while its described well-maintained condition reduces immediate capital outlay. The house is positioned for a buyer seeking entry into a high-demand suburb with the scope to add value through contemporary updates, aligning with the area’s character. The primary decision hinges on validating the current estimated value against true market comparables, given the lack of recent, specific sales data for direct benchmarking. The ten-year span since its last sale introduces pricing opacity, requiring rigorous due diligence on both construction integrity and renovation potential to quantify risk. Proceed with a conditional offer anchored by an independent valuation and building inspection; this property suits a long-term hold with strategic modernisation. Our analysis provides the precise market valuation framework and locality risk assessment needed to secure this position. The only available transaction data is the property’s own sale a decade ago at $1,390,000. This historical figure offers no credible benchmark for today’s market, underscoring the necessity of obtaining current, like-for-like sales evidence to inform your offer and avoid overpayment.

Independent, Unbiased Research Report for this property by PropCred Analyst teamΒ 

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Market Insight:

Glen Waverley is a premium, family-centric suburb anchored by its highly regarded school catchments, which are a primary driver of demand from owner-occupiers. This has supported consistent price growth for houses, though the market shows some sensitivity to broader economic conditions. Future demand is underpinned by these established educational amenities and strong community infrastructure, yet significant entry prices present a notable affordability constraint for new buyers.
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PropCred Estimated Value

Bedrooms

4

Bathroom

2

Parking

2

Land

706mΒ²

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