387 High Street Rd, Mount Waverley is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 480m2.
There is something very special about Mount Waverley that made this suburb one of the top Melbourne suburbs for the last few years. The growth of property values consistently shows it is the perfect place to invest, professional young couples with children also flock here to raise their families.
Beautifully located within Mount Waverley school zone, walking distance to some of the best public schools in Victoria; Mt Waverley Secondary College, the popular Xin Jin Shan Chinese School and Essex Primary. If you're thinking of investing more in your children's education for their bright future, private Wesley College is just a block away.
Riversdale Golf Club and Monash Aquatic Centre enhances the lifestyle of both younger and older residents. Mount Waverley train station is just a few minutes' walk for a quick run into the city. Local Village shopping centre, Syndal shopping strip or the larger 'The Glen' shopping complex, you would never run out of choice. For international cuisines lovers, the famous Kingsway is the place to be. Last but not least, let's not forget that Damper Creek Reserve is only a few doors away for a touch of the country in the middle of suburbia.
And now, this 729m2 (approx.) corner block, on the high side of upmarket Alice Street, has become available, but for how long we're not sure. A property of this caliber draws attention from savvy investors looking at the potential to develop new townhouses with separate driveways, to families wanting to build their dream home (STCA). If you've been following the Melbourne housing markets recently you'll know this won't wait around.
Kevin Phan : 0488 888 696
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 17,977 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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