82 Herriotts Boulevard, Glen Waverley VIC 3150
82 Herriotts Boulevard, Glen Waverley VIC 3150
Five bedrooms, three bathrooms, two car spaces on 653 square metres. Internal floor area is approximately 266 square metres. This is a newly built home on a larger-than-typical block in a suburb where newer homes are increasingly built on smaller lots. It is zoned for Glen Waverley South Primary School and Brentwood Secondary College. The property sits in a residential street that is seeing densification, but this house holds a clear lot-size advantage over many comparable new builds nearby.
This property is competitively strong because it offers a rare combination of a new build on a genuinely large block, which is becoming less common in this part of Glen Waverley. The five-bedroom, three-bathroom configuration serves larger or multi-generational families well, and the school zoning adds significant appeal for family buyers. It sits above the typical suburban stock in both size and specification, positioning it as a premium option in a market where many older homes are smaller and less modern. The house is best suited to buyers who want a turnkey home with space and modern amenities, without the compromises of older stock or smaller subdivided lots.
The lot size may materially affect the property’s value, as it offers more land than most new builds in the street, which could support a price premium. However, the higher entry price might limit buyer pool depth, and the trend toward densification in the area could influence long-term neighbourhood character. Buyers should weigh whether the land value justifies the premium over smaller new builds nearby, and consider that future subdivision potential may be constrained by current zoning and street patterns. The absence of heritage, flood, or bushfire overlays is a neutral factor, but the property’s position on a street with increasing new development may affect privacy or traffic over time.
Detailed Independent Property Report prepared by PropCred Analyst team for 82 Herriotts Boulevard, Glen Waverley VIC 3150
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
1
Income Risk
2
Execution Risk
2
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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.
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PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
2
Land
653m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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