4/454 High Street Road, Mount Waverley VIC 3149
4/454 High Street Road, Mount Waverley VIC 3149
This two bedroom, one bathroom unit spans 91 square metres with one car space. It sits on shared land within a modern, low-maintenance complex. The property is light-filled and single-level, located in the Mount Waverley school zone with a short walk to the train station and shops.
This property is competitively positioned as a more affordable entry point into a suburb where larger units dominate the market. Its smaller size and single-level layout make it rare for buyers seeking a low-maintenance option without sacrificing location quality. The walkability to transport and schools, combined with modern finishes, creates strong appeal for young professionals, small families, or downsizers. The property serves these buyers best by offering a practical, light-filled home that avoids the higher price points of typical stock in the area.
The property’s price may be influenced by its smaller internal area and single car space, which could limit appeal for families needing more room or multiple vehicles. Its position within a complex on shared land might affect perceived value compared to standalone units. Buyers should weigh the trade-off between affordability and space, as the lower price point reflects these constraints. Opportunities exist if the property’s modern condition and school zone access outweigh the size limitations for the right buyer.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/454 High Street Road, Mount Waverley VIC 3149
Checks found:
Value Risk
2
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
1
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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
2
Bathroom
1
Parking
1
Land
1445m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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