814/25 Osullivan Road, Glen Waverley VIC 3150
814/25 Osullivan Road, Glen Waverley VIC 3150
Sky Garden apartment | top school zone | walk to station and shops | strong rental yield | premium complex amenities
This two-bedroom unit in the Sky Garden complex is positioned at the centre of Glen Waverleyโs most sought-after residential and retail corridor, with zoning for both Glen Waverley Primary and Secondary College. The configuration,two bathrooms, one ensuite, and a dedicated garage,is rare in this price tier and supports strong owner-occupier demand. The 4,000mยฒ landscaped grounds, pool, gym, and theatre are genuine lifestyle differentiators that lift resale appeal and tenant retention. For a buyer seeking a low-maintenance home or a high-yield investment (gross yield near 6%), this property offers a clear advantage over older stock in the area.
The primary risk is the list price exceeding the estimated value, which suggests the seller may have firm expectations; a pre-purchase building inspection is essential to confirm no deferred maintenance in the common areas. The competitive rental market and recent sale of a similar unit at $770,000 in 2023 support the case for long-term capital growth. Hold this property for stable rental income and family demand, or occupy it to secure a top school zone position without sacrificing amenity.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 814/25 Osullivan Road, Glen Waverley VIC 3150
Market Insight:
Glen Waverley is a premium, family-centric suburb anchored by its highly regarded school catchments, which are a primary driver of demand from owner-occupiers. This has supported consistent price growth for houses, though the market shows some sensitivity to broader economic conditions. Future demand is underpinned by these established educational amenities and strong community infrastructure, yet significant entry prices present a notable affordability constraint for new buyers.