28 Ochre Place Mount Waverley VIC 3149
28 Ochre Place Mount Waverley VIC 3149
High side street | MWSC zone | rooftop terrace | dual living zones | modern build
This propertyโs competitive edge lies in its rare combination of a high-side position within the Mount Waverley Secondary College zone and a modern configuration that delivers genuine indoor-outdoor flow via the alfresco deck and rooftop terrace. For a family seeking a turnkey house in a premium school catchment, the dual living zones and northerly sunshine offer practical separation and light without compromise. The 364mยฒ lot, while compact, is efficiently used and positions the house well against newer estate stock, making it a strong option for buyers who prioritise location and contemporary finish over land size.
The primary risk is the lot size, which limits future subdivision potential and may feel constrained for buyers accustomed to larger gardens. The auction format on 23 May introduces competition, and the estimated value of $1.508m sits above the Domain range midpoint, so disciplined bidding is advised. Rental income potential of $965 per week provides a credible floor if plans change. This house suits a family committed to the school zone who values modern amenity over land banking; hold it as a long-term family home and let the school catchment underwrite capital stability.
Independent, Unbiased Research Report for this property by PropCred Analyst teamย
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.