2/354 Stephensons Road, Mount Waverley, VIC 3149 sold on 28 February 2026 | OnTheHouse
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Sold on 28 Feb 2026 for $947,000

2/354 Stephensons Road
Mount Waverley VIC 3149

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/354 Stephensons Rd, Mount Waverley

2/354 Stephensons Rd, Mount Waverley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Unit sold in Mount Waverley in the last 12 months.

Building Type
Unit

Last Listing description (February 2026)

Some homes whisper potential. This one speaks clearly.

Set on its own freestanding 318m² allotment approx. with frontage and access via Kemp Avenue - compact, independent, and remarkably versatile-this standalone two-bedroom residence represents a type of opportunity that is increasingly rare in this tightly held area. While many comparable offerings now involve shared access, attached living, or ongoing body corporate arrangements, this property delivers genuine independence: no body corporate, no shared driveways, no common walls. Just land that offers real flexibility and choice.

Immediately liveable and quietly appealing, the home features a generous lounge at its heart, flowing through to a spacious kitchen and meals area designed for everyday living rather than display. Two well-proportioned bedrooms, a central bathroom with separate toilet, a full laundry, a private rear courtyard, and a fully fenced front yard complete a layout that is practical, comfortable, and ready to enjoy from day one.

What truly sets this property apart, however, is what it allows for next.

Renovate. Extend. Reimagine. Or rebuild entirely (STCA).

In an area where true freestanding options are increasingly rare, this offering strikes a compelling balance. It delivers freestanding land, flexibility, and independence-without the excess or the premium typically attached to it. Equally, it presents an increasingly hard-to-find downsizing option for those unwilling to compromise on privacy or autonomy.

Positioned just a 9-minute approx. walk to Mount Waverley Village, the train station, and the library, and nearby Valley Reserve for weekend leisure, with easy freeway access and inclusion in the highly regarded Mount Waverley Primary and Secondary School zones (STSA), this is blue-chip land at an accessible entry point.

For first-home buyers, savvy investors, or downsizers seeking something genuinely different, the appeal is immediate and enduring.

Land. Location. Independence. Potential.

Very rare. Very smart.

Property History for 2/354 Stephensons Rd, Mount Waverley, VIC 3149

A timeline of how this property has performed in the market
Last Sold
$947,000
28 Feb 2026
Listed for Rent
$540/w
12 Jan 2026
  • 28 Feb 2026
    Sold for $947,000
  • 02 Feb 2026
    Listed for Sale Not Disclosed
  • 19 Dec 2025
    Listed for Rent $540 / week
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About Mount Waverley 3149

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 17,940 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:

  • The median value for Houses in Mount Waverley is $1,640,852 while the median value for Units is $1,113,964.
  • Houses have a median rent of $728 while Units have a median rent of $680.
There are currently 65 properties listed for sale, and 33 properties listed for rent in Mount waverley on OnTheHouse. According to Cotality's data, 768 properties were sold in the past 12 months in Mount waverley.

Suburb Insights for Mount Waverley 3149

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Frankie Jayne
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Robert Namour
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Barry Plant - Glen Waverley
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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.