18 Waverley RoadChadstone VIC 3148
Property Details for 18 Waverley Rd, Chadstone
18 Waverley Rd, Chadstone is a 3 bedroom, 4 bathroom Unit with 4 parking spaces. The property has a land size of 595m2. While the property is not currently for sale or for rent, it was last sold in September 2022.
Last Listing description (September 2022)
On a large 607sqm approx. corner block just moments from Holmesglen train station/TAFE and Australia's fashion capital - Chadstone Shopping Centre, this single level home is worth its weight in gold. A lucrative cashflow investment or redevelopment opportunity, it comes with a valuable permit to run a nine-bedroom rooming house.
With four bathrooms and a central kitchen, it can also serve as a student accommodation, conveniently placed half-way between Monash University and Deakin University.
Close to the Monash Freeway (Warrigal Rd entrance/exit) and across from the bus stop and the Homeplus Homemaker Centre featuring Bunnings, Officeworks and other large retailers, this land is ripe for redevelopment, with an opportunity to convert the site into a medical centre, childcare centre, or sought-after townhouses (STCA).
Property History for 18 Waverley Rd, Chadstone, VIC 3148
- 28 Sep 2022Sold for $910,000
- 10 Aug 2022Listed for Sale $1,000,000 - $1,100,000
- 22 Jan 2019Listed for Rent - Price not available
Recent sales nearby
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About Chadstone 3148
The size of Chadstone is approximately 3.1 square kilometres. It has 7 parks covering nearly 9.6% of total area. The population of Chadstone in 2016 was 8641 people. By 2021 the population was 9552 showing a population growth of 10.5% in the area during that time. The predominant age group in Chadstone is 30-39 years. Households in Chadstone are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Chadstone work in a professional occupation.In 2021, 57.80% of the homes in Chadstone were owner-occupied compared with 57.50% in 2016.
Chadstone has 5,118 properties. Over the last 5 years, Houses in Chadstone have seen a 11.51% increase in median value, while Units have seen a 20.09% increase. As at 31 December 2025:
- The median value for Houses in Chadstone is $1,343,711 while the median value for Units is $928,086.
- Houses have a median rent of $645 while Units have a median rent of $620.
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