35 Fairview Road, Mount Waverley VIC 3149

Leafy family pocket | development-angle frontage | school walk zone | single-level liveability This property offers a rare combination of a wide 21-metre frontage and a single-level layout in a tightly held residential pocket, which gives a buyer both immediate liveability and future optionality. The 668sqm lot, elevated position, and absence of overlays reduce the friction for a future subdivision or new build, while the existing floorplan works well for a family wanting to move in without renovation. The location within walking distance to Essex Heights Primary and close to Ashwood High serves the family demographic that dominates Mount Waverley’s buyer pool, and the street’s 80% owner-occupier profile signals stable long-term demand. The primary risk is that the auction guide sits below the implied per-square-metre valuation from recent suburb data, which could signal either a conservative starting point or a property that needs price adjustment to attract depth of bidding. The 2019 purchase price of $1.521m means the current owner is not under pressure, so a buyer should expect firm negotiation. The rental yield at $830pw is modest relative to the price band, making this a hold-for-growth or develop proposition rather than a cash-flow play. Use the wide frontage and lack of overlays as your negotiating anchor,this is a land-bank with a house that works now.