38 Alvie Rd, Mount Waverley is a 5 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 977m2 and floor size of 172m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Step into a residence that blends timeless character with exciting future potential. Positioned on a substantial corner allotment of 983sqm (approx.), this elevated Mount Waverley residence presents an exceptional opportunity to enjoy today while unlocking impressive future potential in a tightly held neighbourhood.
The home offers a well-zoned and functional layout comprising five bedrooms and two bathrooms, complemented by multiple living areas. A formal lounge positioned toward the front of the home features a fireplace and connects to the adjoining dining area, creating a warm and inviting space for entertaining. The kitchen is conveniently set alongside the main living zone, servicing everyday family living. High and raked ceilings throughout enhance the sense of space and character, reinforcing the homes mid-century charm.
Comfortable to live in or lease, the property also offers outstanding scope to renovate, extend or redevelop. The generous corner dimensions provide flexibility to build a luxury new residence with potential city views or explore a multi-townhouse development with individual frontages (STCA).
Positioned within the Mount Waverley Secondary College catchment and moments from Riversdale Golf Club, Avila College, parklands, Mount Waverley Village and the train station, this is a rare opportunity to secure scale and prestige in one of Mount Waverleys most tightly held locations.
Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect of any errors, omissions, inaccuracies or misstatements in this document. The fixtures, fittings, appliances and services have not been tested and no guarantee as to their functionality or efficiency can be provided. Distances and timings are approximate. Prospective purchasers should independently verify the information contained in this document and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list: http://www.consumer.vic.gov.au/duediligencechecklist
The size of Mount Waverley is approximately 15.2 square kilometres. There are 41 parks, covering nearly 11.6% of the 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 17,978 properties. Over the last 5 years, Houses in Mount Waverley have seen a -5.14% decrease in median value, while Units have seen a 4.39% increase. As at 31 July 2026:
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