5 Wavell Street, Box Hill VIC 3128

Renovated 1950s character on 643sqm | Box Hill High zone | Oversized master with ensuite | Premium kitchen | Quiet established street The property presents a rare combination of a fully updated four-bedroom residence on a substantial 643-square-metre block within the Box Hill High School zone. The contemporary renovation, which added a fourth bedroom and an oversized ensuite, effectively removes the need for immediate capital expenditure while preserving the sought-after weatherboard character. For a family buyer prioritising school catchment and a low-maintenance, move-in-ready home with generous outdoor space, this house offers a competitive edge over comparable properties that typically require updating or sit on smaller parcels. The primary risk is that the Domain estimate of $1.8 million sits above the vendor’s stated price range, suggesting the seller may have a firm floor. Buyers should enter negotiations prepared for limited discounting. However, the 2016 purchase price of $1.4 million for a three-bedroom version indicates the vendor has held through a strong market cycle, and the renovation cost may not be fully recoverable at the upper end. The opportunity lies in the block’s redevelopment potential for a future buyer, and the absence of a heritage overlay in this pocket adds long-term optionality.