28 Kiah Street, Glen Waverley VIC 3150
28 Kiah Street, Glen Waverley VIC 3150
5 bedrooms | 4 bathrooms | school-zoned family house | Glen Waverley premium pocket
This is a substantial family house that sits well above the typical suburban offering in Glen Waverley. Its five-bedroom, four-bathroom configuration, combined with a double garage and a landholding in the mid-600-square-metre range, places it in a category that appeals most to established families or multi-generational households seeking space and amenity. The property is zoned for Glendal Primary School and Glen Waverley Secondary College, which are among the strongest demand drivers in the area, and the absence of bushfire, flood, or heritage overlays simplifies the ownership proposition. For a buyer prioritising school access, a large internal footprint, and a detached house in a low-density residential pocket, this property offers a rare combination of scale and location.
The value of this house may be influenced by the inconsistency in reported building size, which could affect how a buyer compares it to other large homes in the area. The estimated rental yield of around 2.5 percent suggests the property is better suited to owner-occupation than to investment, and the premium price point may narrow the pool of potential buyers. These factors do not diminish the property’s strengths, but they are worth weighing when forming a view on price, particularly in a market where school zoning commands a strong premium.
Detailed Independent Property Report prepared by PropCred Analyst team for 28 Kiah Street, Glen Waverley VIC 3150
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
2
Income Risk
Execution Risk
2
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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
5
Bathroom
4
Parking
2
Land
664m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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