42 Waverley Parade, Pascoe Vale South VIC 3044

3-bedroom house on 498sqm | single bathroom layout | renovated potential in established suburb | sold April 2025 This property is competitively positioned as a detached house on a full 498m² lot in an established low-rise suburb, a rarity where townhouse infill is accelerating. The 3-bedroom, 1-bathroom configuration with a lock-up garage and sizeable backyard is most suited to families seeking inner-north-west accessibility or renovators targeting usable land. Its sale at $1.07M in April 2025 signals genuine demand for such housing. The side-drive access and yard are considered conventional for this suburb’s post-war stock, making it a straightforward proposition for owner-occupiers or those intending to add value through renovation. The single bathroom is a genuine constraint that may narrow the buyer pool, although it remains common in comparable older houses. Without verified interior finishes, build year, or orientation, a physical inspection is essential to assess structural soundness and natural light. The older shed and lack of modern updates might require moderate reinvestment, but the land size offers potential for extension or rear development , a critical factor when forming a price view. Any yield estimate remains speculative without rental data, so an owner-occupier lens is more appropriate.