29 Viewpoint Avenue, Glen Waverley VIC 3150

New build | Panoramic CBD views | 70% owner-occupier street | No overlay risk This property’s competitive edge lies in its rare combination of a new luxury build on a 731sqm block with unobstructed city views, in a street dominated by owner-occupiers. The master suite’s private balcony and parents’ retreat, along with the cellar and butler’s pantry, position it for discerning families seeking a turnkey home with no renovation timeline. It serves best buyers who prioritise immediate occupancy, high-end finishes, and a strong school catchment over land banking. The primary risk is price,new builds in this bracket often carry a premium that may not be recovered in a softer market, especially given 43% building coverage leaves limited future subdivision potential. However, the absence of bushfire, flood, or heritage overlays simplifies due diligence, and the Monash Council zoning supports stable long-term value. Hold this property as a family home; its configuration and location are its strongest commercial logic, not speculative land gain.