2/397 Waverley Road, Mount Waverley, VIC 3149 | Property Value & History | OnTheHouse
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2/397 Waverley Road
Mount Waverley VIC 3149

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Last updated 28 Sep 2026
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Property Details for 2/397 Waverley Rd, Mount Waverley

Building Type
Unknown
Local Government
Monash
Lot/Plan
2/PS914964

Last Listing description (October 2026)

Architecturally designed by award-winning architects to embrace natural light, generous proportions and effortless indoor-outdoor living, this breathtaking brand-new residence sets a new benchmark in contemporary family luxury. Privately accessed via a driveway from Albert Street and positioned within the highly coveted MWSC zone (STSA), the home delivers an exceptional lifestyle defined by refined finishes, considered design and effortless low-maintenance living. Impeccably crafted for the modern family, every element has been thoughtfully curated to create a residence of distinction, where sophisticated architecture meets everyday comfort and convenience. Illuminated with natural light from the instant you enter, the home's practical floorplan flows from a glorious double height entry foyer through to the home's magnificent open plan hub that's bathed in northerly sunshine. Reflecting quality, the living, dining and kitchen are carried over gleaming floor tiles and showcase waterfall stone benches, Bosch appliances (stove, oven and dishwasher), a fridge water point, island breakfast bench plus a splendid butler's pantry. Serving as the perfect indoor-outdoor connection, sliding doors invite in fresh air and entice guests out onto the entertainers' deck that's accompanied by a generously sized, north-facing yard that's been thoughtfully landscaped. Practical and perfect for multi-generational families, the ground floor guest/4th bedroom benefits from a fitted walk-in-robe and ensuite, while a powder room and laundry cater for everyday needs. Appreciating a remote-control window blind, the staircase leads up to a study area with storage cupboards and the remaining three robed bedrooms, complete with a glorious master suite featuring a walk-in-robe and dual vanity ensuite, along with a fashionable family bathroom with rainfall shower, deluxe tub, dual vanity and a toilet. Exquisitely finished with split system heating/air conditioning for year-round climate control, high ceilings that create an added sense of space, solar panels for electricity savings, alarm system and security cameras for peace of mind, premium double glazing, water tank, cloak closet, bathrooms with floor-to-ceiling tiles, touch screen mirrors and rainfall effect showerheads plus a double garage with internal access. Peaceful and private, the home rests in a coveted location close to Mount Waverley Primary, Mount Waverley Secondary, Avila College, Huntingtower School, Valley Reserve, Mount Waverley Village, Mount Waverley Station and Monash Freeway.

Property History for 2/397 Waverley Rd, Mount Waverley, VIC 3149

A timeline of how this property has performed in the market
  • 24 Sep 2026
    Listed for Sale Brand-New House-Style Access from Albert St
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About Mount Waverley 3149

The size of Mount Waverley is approximately 15.2 square kilometres. There are 41 parks, covering nearly 11.6% of the total area. The population of Mount Waverley in 2016 was 33611 people. By 2021 the population was 35340 showing a population growth of 5.1% in the area during that time. The predominant age group in Mount Waverley is 40-49 years. Households in Mount Waverley are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Mount Waverley work in a professional occupation.In 2021, 73.40% of the homes in Mount Waverley were owner-occupied compared with 74.20% in 2016.

Mount Waverley has 18,010 properties. Over the last 5 years, Houses in Mount Waverley have seen a -9.47% decrease in median value, while Units have seen a 1.71% increase. As at 31 August 2026:

  • The median value for Houses in Mount Waverley is $1,468,428 while the median value for Units is $1,063,239.
  • Houses have a median rent of $770 while Units have a median rent of $720.
There are currently 66 properties listed for sale, and 36 properties listed for rent in Mount waverley on OnTheHouse. According to Cotality's data, 654 properties were sold in the past 12 months in Mount waverley.

Suburb Insights for Mount Waverley 3149

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.