38 Tarella Dr, Mount Waverley is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1967. The property has a land size of 946m2 and floor size of 242m2. While the property is not currently for sale or for rent, it was last sold in December 2012.
LUSH GARDEN LOCATION and GREAT POTENTIAL
The tranquility of this location is a major draw card, with the verdant parklands of the adjoining Damper Creek Reserve ensuring the ultimate in privacy and seclusion. On around 944m2, the home is largely original and presents a rare opportunity for the lucky buyer to explore their creative side and renovate. Existing features include a lounge and dining room with wood fire heater that opens to a raised deck - that makes a great entertaining platform with its uninterrupted views and wonderful birdlife. The kitchen is equipped with electric cooking appliances and has an adjoining meals area that could double as a sitting or study area. There's also 3 bedrooms, a family bathroom, semi-ensuite in the master bedroom and the bonus of a basement style 3 car carport. But with such a generous block and secluded location with no adjoining home on the South side, there will be many who will want to explore the potential for a new home or multi-unit development (all options are STCA). In the Mt Waverley Secondary College zone, the home is also within minutes of buses and shops.
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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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