5 Muir Street, Mount Waverley VIC 3149

Large family home on 717sqm | 5 beds plus study flexibility | Modern finishes & formal lounge | Two car spaces This house presents a substantial and adaptable family residence on a generous block, a configuration increasingly rare in established suburbs. The polished floors and sleek modern finishes suggest a contemporary standard, while the formal lounge offers traditional separation. The property’s core strength is its capacity for a large or multi-generational household, with the study serving as a fifth bedroom, making it most suitable for an owner-occupier seeking space and modern presentation without requiring immediate renovation. The primary risk is the absence of critical due diligence data on building condition, zoning, and precise orientation, which could conceal material defects or limit future plans. The broad valuation range indicates significant market uncertainty, requiring a buyer to establish a firm walk-away price based on independent assessment. Proceed only with a comprehensive building inspection and a clear understanding of the land’s development potential relative to your holding period; this is a buy for long-term occupation, not speculation. The property last sold for $2,223,000 in June 2022. The current estimated value of approximately $2.21 million suggests a largely stable market price since that purchase, though the wide valuation band from $1.91 million to $2.51 million reflects current market volatility. This recent history provides a concrete anchor for negotiation, but the final price must be justified by present condition and future utility, not past performance.