36 Waimarie Drive, Mount Waverley VIC 3149
36 Waimarie Drive, Mount Waverley VIC 3149
5-bed house | renovated kitchen & pool | Mount Waverley Secondary zone | large 798sqm block | auction listed
This property presents a strong family proposition, combining a substantial land parcel with modernised living spaces in a proven school catchment. The renovated kitchen, seamless indoor-outdoor flow to alfresco and pool, and the upstairs family zone create a functional layout for long-term occupation. Its prime competitive edge is the zoning for Mount Waverley Secondary College, a consistent demand driver, making it most suitable for owner-occupiers seeking space and educational certainty.
The principal risk is price discovery, with a wide and low-confidence search band amid absent recent comparable sales data. This necessitates a stringent, independent valuation to anchor your bid against outdated market references. The opportunity lies in securing a turn-key family home on a large block within a coveted school zonea scarce combination. Proceed with a disciplined auction strategy, budgeting for potential premium due to these attributes, and utilise a full property report to validate its market position, uncover locality risks, and inform precise insurance coverage.
Detailed Independent Property Report prepared by PropCred Analyst team for 36 Waimarie Drive, Mount Waverley VIC 3149
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
2
Execution Risk
2
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Market Insight
Mount Waverley is a premium, family-centric suburb characterised by strong demand from high-income professionals drawn to its top-tier schools and established neighbourhoods. This demographic is driving consistent, albeit modest, price growth in a market with low stock and competitive sales volumes. Future performance is underpinned by its enduring appeal to families and planned transport upgrades, though high entry prices and sensitivity to interest rates present notable constraints on affordability and accessibility.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
798m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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