151 Ferntree Gully Rd, Mount Waverley is a 6 bedroom, 3 bathroom Unit with 3 parking spaces. The property has a land size of 966m2. While the property is not currently for sale or for rent, it was last sold in March 2025.
Only on the rarest occasion do 3 units on one title with such dramatic dimensions (966sqm approx) and irresistible potential become available in such a sought-after location. Currently occupied by three 2 bedroom, 1 bathroom villas, this significant opportunity delivers enormous scope as an exceptional investment or remarkable development prospect (STCA). The impact of the size and possibilities dominates first impressions, while the option to lease out individually and collect separate incomes is a rewarding short or long term investment opening. Alternatively, renovate each villa to add value, take advantage of the current town planning permit to subdivide the three dwellings, or utilise the vast block to design and build multiple townhouses (STCA). Positioned within the Mount Waverley Secondary College catchment, walk to Stanley caf? and minutes to parklands, an IGA Express, schools and various transport options.
*Please Note* Buxton Real Estate may refuse to provide further information about the property should you prefer not to disclose your Full Contact Details including Phone Number. Photo id required upon entering the property.
The size of Mount Waverley is approximately 15.2 square kilometres. It has 41 parks covering nearly 11.6% of 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 17,934 properties. Over the last 5 years, Houses in Mount Waverley have seen a 17.63% increase in median value, while Units have seen a 19.93% increase. As at 28 February 2026:
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