36 Darbyshire Road, Mount Waverley VIC 3149
36 Darbyshire Road, Mount Waverley VIC 3149
Large 783m² block | 3-bed detached house | Single bathroom limits family appeal | School-zone demand strong | Rare land size for street
This property holds a genuine competitive edge through its land size. A 783m² parcel in this pocket is uncommon, particularly when newer infill nearby has been developed on smaller lots. The detached house format, combined with four car spaces and a substantial building footprint, suits buyers who prioritise space, future extension potential, or redevelopment optionality. It sits comfortably within an established residential setting where family-oriented demand is driven by school catchment access. The absence of flood, bushfire, or heritage restrictions simplifies any future planning considerations, which adds practical value for a buyer weighing long-term options. The property serves best a family seeking room to grow, or an investor-occupier who values land content over turnkey presentation.
Value may be shaped by the single bathroom, which could feel restrictive for a three-bedroom family home and might require updating. The building coverage at 35% and roof height of 7m suggest a solid structure, but without confirmed interior finish quality, the price band should reflect potential renovation costs. The estimated 278m² building size is generous, yet orientation and build age remain unverified, which could influence light quality and maintenance expectations. Buyers should weigh the land premium against the need for modernisation, as the property’s strongest return likely comes from its site rather than its current internal condition.
Detailed Independent Property Report prepared by PropCred Analyst team for 36 Darbyshire Road, Mount Waverley VIC 3149
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
1
Income Risk
1
Execution Risk
1
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Market Insight
Mount Waverley’s residential market centres on family-oriented housing, with a median house price of $1.65m and units at $1.1275m. Houses grew 1.2% annually, units 1.9%; days on market range from 39 to 57, indicating balanced turnover. Gross rental yields are low at 2.7% for houses and 3.3–3.6% for units. Demand is driven by professional families in couples-with-children households (53%), supported by above-$2,000 weekly incomes and high-performing public and private schools. Established buyers dominate, with 42% outright owners and over 30% aged above 55. Future growth hinges on Glen Waverley line rail upgrades, level crossing removals, and Monash precinct employment. Constraints include affordability stress from elevated prices and interest-rate sensitivity, tight supply, and limited new developments.
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PropCred Estimated Value
Comparable Sales: 3 Darbyshire Road sold $1.24M in 2017; nearby townhouse at 3/44 Darbyshire Road reflects higher-density pricing | Property Price Band: $1.4M–$1.5M | Value Drivers: land size, single bathroom constraint, school zone access
Bedrooms
3
Bathroom
1
Parking
4
Land
783m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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