38 Bales St, Mount Waverley is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 740m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
This light filled 3 bedroom brick veneer home offers immediate enjoyment and unlimited potential to capitalise on its generous 740 sqm (approx) allotment ensuring it is ideal as an investment or for the family buyer. Offering a spacious lounge room with gas heating, separate dining, updated kitchen overlooking the leafy east facing backyard, large double garage and an enclosed workshop with the potential to renovate and convert to a study/office.
Alternatively, the wider than average frontage could suit the builder/developer as a multi-unit site to build side by side townhouses or keep the front and build behind (STCA).
Situated in the highly sought after Mount Waverley Secondary Zone, a stroll to reserves, close to transport and within close proximity to Mount Waverley Village, train station, M1 Freeway and Chadstone Shopping Centre.
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 17,939 properties. Over the last 5 years, Houses in Mount Waverley have seen a 14.59% increase in median value, while Units have seen a 15.99% increase. As at 31 March 2026:
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