38 Alvie Road, Mount Waverley, VIC 3149 | Property Value & History | OnTheHouse
OFF MARKET

38 Alvie Road
Mount Waverley VIC 3149

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Floor area: 172m2
Land area: 977m2
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Property Details for 38 Alvie Rd, Mount Waverley

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.

Building Type
House
Year Built
1970
Floor Size
172m2
Land Size
977m2
Local Government
Monash
Lot/Plan
PC368669

Last Listing description (July 2026)

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

Property History for 38 Alvie Rd, Mount Waverley, VIC 3149

A timeline of how this property has performed in the market
Last Sold
$1,580,000
21 Jul 2022
Listed for Rent
$1.45k/w
09 Apr 2026
  • 26 Mar 2026
    Listed for Rent $1,450 / week
  • 31 Dec 2025
    Listed for Sale Corner Block 983 sqm
  • 21 Jul 2022
    Sold for $1,580,000
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About Mount Waverley 3149

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:

  • The median value for Houses in Mount Waverley is $1,505,420 while the median value for Units is $1,071,521.
  • Houses have a median rent of $770 while Units have a median rent of $720.
There are currently 79 properties listed for sale, and 37 properties listed for rent in Mount waverley on OnTheHouse. According to Cotality's data, 664 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.