72 Lechte Road, Mount Waverley VIC 3149
72 Lechte Road, Mount Waverley VIC 3149
4 bedrooms, 2 living areas, 3 toilets, 2 car spaces on a 348 m² corner allotment. Ground level has polished floors and decked alfresco. Zoned heating and cooling throughout. Two level townhouse configuration.
This townhouse occupies a corner allotment in one of Mount Waverley’s most sought after pockets, which is a genuinely rare configuration for a low maintenance family property in this suburb. The inclusion within the Mount Waverley Secondary College zone and walking distance to the school gates gives it a structural demand advantage that most competing townhouses cannot match. Four bedrooms with two separate living zones make it suitable for growing families who need separation between adult and childrens spaces. The corner position also provides more natural light and a sense of openness that interior townhouses lack, and the decked alfresco extends the usable living space without adding garden maintenance. This property serves buyers prioritising school access and contemporary convenience over land size.
The corner allotment may introduce some road noise exposure that internal positions avoid, and the property’s position at an intersection could affect perceived privacy from the street. The bathroom count inconsistency across sources suggests the separate toilet might be the only downstairs facility, which may inconvenience guests during gatherings. While the finishes are described as brand new, the last recorded sale was in 2017, so the current owner may have renovated selectively rather than comprehensively. The townhouse format in this price range competes directly with older family homes on larger blocks nearby, and buyers who value land over configuration might find better long term value elsewhere in the suburb.
Detailed Independent Property Report prepared by PropCred Analyst team for 72 Lechte Road, Mount Waverley VIC 3149
Checks found:
Value Risk
Liquidity Risk
Planning Risk
2
Income Risk
1
Execution Risk
2
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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
4
Bathroom
2
Parking
2
Land
348m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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