34 Ivanhoe Street, Glen Waverley VIC 3150

3 bed house | 717sqm block | Glen Waverley family pocket | Brentwood and Pinewood catchment This property’s primary buying case rests on the 717sqm block in a tightly held pocket of Glen Waverley, where land of this size is becoming less common. The three-bedroom configuration and single bathroom are modest, but the house sits within the Brentwood Secondary College and Pinewood Primary School catchments, which consistently drive family demand and underpin resale liquidity. For a buyer prepared to renovate or hold for land appreciation, the location and block represent the core value; the existing dwelling is functional but secondary. The principal risk is the dated single-bathroom layout, which limits appeal to families who require two bathrooms and may narrow the buyer pool on resale. Renovation costs should be factored conservatively into any offer. An opportunity exists to rework the floor plan or extend, subject to council approval, to capture the full school-catchment premium. This property should be held for at least five years to realise land value growth, with renovation timed to maximise the next sale.