49 Bruce Street, Mount Waverley VIC 3149
49 Bruce Street, Mount Waverley VIC 3149
A 5-bedroom, 2-bathroom single-level house built circa 2014 on an 806m² east-facing lot with 283m² of internal area, 35% building coverage, and a 7m roof height. It includes a ground-floor master suite, three reception rooms, formal dining, a quality timber kitchen, gas ducted heating, ducted vacuum, and a 2-car garage. The property is zoned for Mount Waverley Primary School and Mount Waverley Secondary College, and carries a bushfire overlay.
The house sits as a strong family proposition within Mount Waverley, where single-level layouts on blocks of this size are increasingly uncommon. The east-facing aspect and generous internal space give it a practical flow for daily living, while the ground-floor master suite extends its appeal to older buyers or those with mobility needs. Its location within the MWSC catchment remains the primary demand driver, attracting families who prioritise school access alongside proximity to the train station and local shops. The property is best suited to buyers seeking a move-in ready home in a well-served, family-oriented pocket of the suburb.
The bushfire overlay is a material consideration; it may affect some lenders or insurance premiums, and it should be verified whether any vegetation management obligations apply. The two-bathroom configuration for five bedrooms is below what many newer homes in the area offer, which could narrow the buyer pool slightly. The single-level design and 35% building coverage leave room for future landscaping or minor changes, but any major extension would need permit assessment given the overlay. These factors, while not deal-breakers, ought to be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 49 Bruce Street, Mount Waverley VIC 3149
Checks found:
Value Risk
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
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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
5
Bathroom
2
Parking
2
Land
806m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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