445-467 Blackburn Road, Mount Waverley, VIC 3149 | Property Value & History | OnTheHouse
OFF MARKET

445-467 Blackburn Road
Mount Waverley VIC 3149

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 6353m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 445-467 Blackburn Rd, Mount Waverley

Building Type
Commercial
Land Size
6353m2
Local Government
Monash
Lot/Plan
1/TP194024

Last Listing description (February 2026)

EXPRESSIONS OF INTEREST CLOSING THURSDAY 5TH MARCH 5:00PM

Seize the chance to shape the future of one of Melbourne's most sought-after suburbs with this expansive 6,353m corner allotment at the former Hotel Bruce County site (445-467 Blackburn Road, corner Lemont Avenue).

Highlights:

- Unrivalled Visibility & Access: Prominent dual frontages to Blackburn Road and Lemont Avenue, with direct adjacency to the Monash Freeway (M1) off-ramp for maximum exposure and seamless connectivity.
- Approved Plans Ready to Go: Permit-approved visionary multi-age/intergenerational precinct by renowned architects Marchese Partners | Life3A, in collaboration with BC Mount Waverley Project Pty Ltd. This innovative project redefines mixed-use living, blending boutique residential spaces for all generations with vibrant ground-level commercial tenancies along Blackburn Road.
- Community-Focused Hub: Designed to foster connection across demographics - from young families to retirees - with premium amenities creating a true residential and social landmark.
- Strategic Prime Location: Moments from Pinewood Shopping Centre, extensive bus networks, Syndal Station, and just a short drive to The Glen. Surrounded by established amenities, schools, and parks in a high-growth corridor.
This rare, high-impact site offers immediate development potential in a booming neighbourhood. Perfect for developers seeking a standout project with strong community appeal and commercial upside.
Expressions of Interest Invited - Contact agent for full information memorandum, plans, and due diligence materials.

Property History for 445-467 Blackburn Rd, Mount Waverley, VIC 3149

A timeline of how this property has performed in the market
Last Sold
$12,700,000
08 Sep 2015
  • 12 Jan 2026
    Listed for Sale EOI CLOSING THURSDAY 5TH MARCH 5:00PM
  • 21 Jul 2021
    Listed for Sale Contact Agent
  • 08 Sep 2015
    Sold for $12,700,000
Commute Calculator

About Mount Waverley 3149

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:

  • The median value for Houses in Mount Waverley is $1,644,027 while the median value for Units is $1,113,510.
  • Houses have a median rent of $730 while Units have a median rent of $700.
There are currently 65 properties listed for sale, and 45 properties listed for rent in Mount waverley on OnTheHouse. According to Cotality's data, 746 properties were sold in the past 12 months in Mount waverley.

Suburb Insights for Mount Waverley 3149

Market Insights
Mount Waverley Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Mount Waverley Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.