3 Vigil Avenue Glen Waverley VIC 3150

675 sqm site | Dual-zone school access | Flood overlay active | 9m roof height | No heritage limits The flood overlay introduces a measurable cost risk-elevated insurance premiums and potential resale friction-which should be quantified via a property-specific flood report before offer. The 339 sqm building footprint on a 679 sqm block offers strong land-to-building ratio value, but the 68m elevation and 9m roof height suggest future extension or renovation costs could be above average. This property is best held as a long-term family residence, not a short-term flip. What makes this house competitively rare is the combination of a large detached floorplan with dual Highvale school zoning-a pairing that commands premium demand in Glen Waverley. The ducted heating and cooling, open fireplace, and outdoor entertainment zone reduce immediate upgrade needs, which strengthens buyer negotiating position. It suits a family prioritising school catchments and ready-to-move condition over cosmetic discount. Given these structural and zoning advantages, the next step is to commission a flood depth report and a structural survey focused on the roof and slab, ensuring any overlay risk is fully priced before proceeding.