37 Camelot Drive, Glen Waverley VIC 3150

5-bed family home | 44% building coverage on 651m² lot | Highvale Secondary catchment 400m | Flood overlay | Solar panels & ducted climate This house presents a strong, low-turnover family proposition, with its substantial footprint and dual living areas on a large block in a tightly held street. Its prime position within the Highvale Secondary College zone, mere metres from the school, creates immediate demand from upsizing families seeking long-term security. The configuration—five bedrooms, multiple secure car spaces, and extensive outdoor areas—serves a specific buyer profile that values space and permanence over proximity to transit or luxury finishes. The flood overlay introduces a definable risk, likely impacting insurance premiums and requiring due diligence. However, the property’s scarcity value is underscored by a single sale in thirty years and a building coverage that maximizes the lot. For a buyer intending to hold for a decade or more, the established streetscape and school catchment provide a stable foundation. Treat this as a long-term family holding, not a short-term play. Recent sales on Camelot Drive demonstrate consistent demand for large lots: – 76 Camelot Dr (5 bed, 686m²) sold for $1,566,000 – 25 Camelot Dr (4 bed, 651m²) sold for $1,576,000 These comparables, achieving near the current asking range for similar land parcels, validate the price bracket. The subject property’s extra bedroom and superior building coverage justify its position at the upper end.