241 Stephensons Rd, Mount Waverley is a 3 bedroom, 1 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 722m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in October 2009.
PROFESSIONAL PRACTICE OR LUXURY HOME SITE?
LOCATION, LOCATION, LOCATION! MINUTES WALK TO THE VILLAGE SHOPPING FACILITIES, TRAIN STATION AND LIBRARY MAKE THIS PROPERTY A BLUE RIBBON INVESTMENT. REDEFINING THE WORDS 'CONVENIENCE AT YOUR FINGERTIPS' AND 'ABSOLUTE POTENTIAL', YOU MAY DECIDE TO ESTABLISH A PROFESSIONAL PRACTICE SUCH AS A MEDICAL SUITE ENHANCING THE EXISTING 3 BEDROOM BRICK VENEER RESIDENCE AND TAKE ADVANTAGE OF THE PROMINENT EXPOSURE THIS MAIN ROAD OFFERS (STCA). HOW ABOUT PLACING YOUR ARCHITECT INSPIRED LUXURY HOME ON THE GENEROUS 723 M2 APPROX. ALLOTMENT OFFERING A WIDE FRONTAGE OF 21.3M (STCA). INVESTORS WILL REVEL IN THE CURRENT RENTAL DEMAND THIS POPULAR LOCATION AFFORDS, NOTED FOR ITS M/W SCHOOL ZONE ACCESSIBILITY AND ACCESS TO MONASH AND DEAKIN UNIVERSITIES INCLUDING EASY ACCESS TO THE CBD. DEVELOPERS THIS WOULD MAKE AN EXCELLENT MULTI UNIT PROJECT IN A LOCATION WHEREBY DEMAND FAR EXCEEDS THE AVAILABLE SUPPLY (STCA)! ASTUTE PURCHASERS SIMPLY PURCHASE THIS HOME, SIT BACK AND OBSERVE YOUR 'CAPITAL GROWTH'.
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 17,936 properties. Over the last 5 years, Houses in Mount Waverley have seen a 26.23% increase in median value, while Units have seen a 23.05% increase. As at 31 December 2025:
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