5 Olive Avenue, Mount Waverley, VIC 3149 | Property Value & History | OnTheHouse
OFF MARKET

5 Olive Avenue
Mount Waverley VIC 3149

Bedrooms: 4
Bathrooms: 5
Car spaces: 2
Floor area: 483m2
Land area: 710m2
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Property Details for 5 Olive Ave, Mount Waverley

5 Olive Ave, Mount Waverley is a 4 bedroom, 5 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 710m2 and floor size of 483m2. While the property is not currently for sale or for rent, it was last sold in February 2025.

Building Type
House
Year Built
1960
Floor Size
483m2
Land Size
710m2
Local Government
Monash
Lot/Plan
25/LP14052

Last Listing description (April 2025)

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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Property History for 5 Olive Ave, Mount Waverley, VIC 3149

A timeline of how this property has performed in the market
Last Sold
$2,710,000
01 Feb 2025
Listed for Rent
$560/w
30 Jun 2022
  • 01 Feb 2025
    Sold for $2,710,000
  • 12 Nov 2024
    Listed for Sale AUCTION $2,600,000 - $2,800,000
  • 29 Oct 2022
    Sold for $1,363,000
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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 17.63% increase in median value, while Units have seen a 19.93% increase. As at 28 February 2026:

  • The median value for Houses in Mount Waverley is $1,640,852 while the median value for Units is $1,113,964.
  • Houses have a median rent of $728 while Units have a median rent of $680.
There are currently 65 properties listed for sale, and 43 properties listed for rent in Mount waverley on OnTheHouse. According to Cotality's data, 772 properties were sold in the past 12 months in Mount waverley.

Suburb Insights for Mount Waverley 3149

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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.