370-372 Waverley Road, Mount Waverley, VIC 3149 | Property Value & History | OnTheHouse
OFF MARKET

370-372 Waverley Road
Mount Waverley VIC 3149

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 725m2
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Property Details for 370-372 Waverley Rd, Mount Waverley

Building Type
Commercial
Land Size
725m2
Local Government
Monash
Lot/Plan
6/LP34202

Last Listing description (December 2021)

An exceptional opportunity has arisen to acquire this high profile corner location site with a secure income stream to be sold via an expressions of interest campaign closing Tuesday 7th December at 3pm.

Property features include:

* Income: $114,693 pa + GST + outgoings

* Prominent corner location with combined frontages to Waverley Road and Stephensons Road of 70 metres aprrox.
* Substantial land holding of 1,463 sqm approx.
* Two tenancies providing dual income streams
* Longstanding tenants
* First time offered in 70 years

Situated within the increasingly popular suburb of Mount Waverley, the property benefits from easy access to a number of main arterial routes in Warrigal Road and Monash Freeway, multiple private schools, Stephenson's Road shopping village and Chadstone Shopping Centre.

Property History for 370-372 Waverley Rd, Mount Waverley, VIC 3149

A timeline of how this property has performed in the market
Last Sold
$2,500,000
09 Dec 2021
  • 09 Dec 2021
    Sold for $2,500,000
  • 08 Nov 2021
    Listed for Sale Contact Agent
  • 18 Oct 1978
    Sold for $99,250
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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 17,900 properties. Over the last 5 years, Houses in Mount Waverley have seen a 10.11% increase in median value, while Units have seen a 14.14% increase. As at 30 April 2026:

  • The median value for Houses in Mount Waverley is $1,623,226 while the median value for Units is $1,110,542.
  • Houses have a median rent of $730 while Units have a median rent of $700.
There are currently 68 properties listed for sale, and 44 properties listed for rent in Mount waverley on OnTheHouse. According to Cotality's data, 733 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.