5 Olive Ave, Mount Waverley is a 5 bedroom, 5 bathroom House with 2 parking spaces. The property has a land size of 710m2. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 5 bedroom House sold in Mount Waverley in the last 12 months.
Capturing the crisp style of brand new with a contemporary design that defines family luxury, this striking home invites you to be the first to enjoy its lavish dimensions and thoughtful details that stretch throughout its functional floorplan. From its wide double door entry to its superb alfresco zone you're indulged along the way with a generous study set beside the foyer, while the formal lounge room sits atop plush carpet for added comfort. Ensuring excellent social interaction, the open plan kitchen, dining, family room and rumpus effortlessly converge and include stone benches, 900mm Fisher & Paykel oven and gas stove, integrated Bosch dishwasher, island breakfast bench plus a butler's pantry. Stacker sliding doors reveal the covered alfresco entertaining space with outdoor power points and a landscaped, low-maintenance backyard where children can happily play. A ground floor guest/5th bedroom boasts a walk-in-robe and ensuite, accompanied by a powder room and laundry with walk-in linen press and stone workbench. While the upper-level retreat spans out onto the balcony and is supplemented by the remaining four bedrooms, each with their own walk-in-robes and ensuites, including the lavish master bedroom with parent's retreat/sitting area, dressing room and dual vanity spa ensuite. Finished to perfection with ducted heating/air conditioning, high ceilings, LED downlights, alarm, stylish sheer curtains, an electric driveway gate plus a double garage with internal access. Situated in a central pocket, close to Mount Waverley Heights Primary, Salesian College, Ashwood High School, Mount Waverley Village, Jordanville Station, buses, Chadstone Shopping Centre and Monash Freeway.
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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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