513 High Street Road, Mount Waverley, VIC 3149 | Property Value & History | OnTheHouse
OFF MARKET

513 High Street Road
Mount Waverley VIC 3149

Bedrooms: 1
Bathrooms: -
Car spaces: -
Land area: 208m2
We do not have enough data to display the calculated estimate for this property.
Save

Property Details for 513 High Street Rd, Mount Waverley

Building Type
Commercial
Land Size
208m2
Local Government
Monash
Lot/Plan
25/LP23899

Last Listing description (August 2023)

Tightly held location
Rent: $60,863pa NET
Premium main road corner site

Flexible Commercial 1 Freehold
Strong Potential Future Upside

Aston Commercial are pleased to offer 513 High Street Road, Mount Waverley for sale by public auction on Friday 25th August at 12:00pm on-site.

This opportunity consists of a securely leased retail and service centre offering good income with significant scope for future upside by developing the 208 sqm* property and adding upper levels STCA.

This premium investment is leased to a well-known and established service centre at $60,863 per annum NET. Sit back and enjoy the income with inevitable growth in land values the area is sure to provide, then at some point in the near future you can either occupy or take advantage of the upside potential.

Prominently located at the end of a suburban retail strip of shops with side and rear access. The property is moments from Mt Waverley Train Station, Mt Waverley Secondary College, Wesley College & Huntingtower School. The area is well regarded and there are numerous developments either completed or underway in the immediate vicinity.

Aston commercial believes this property has unlimited possibilities and strongly encourages your serious consideration.

Property History for 513 High Street Rd, Mount Waverley, VIC 3149

A timeline of how this property has performed in the market
Last Sold
$1,165,000
25 Aug 2023
  • 25 Aug 2023
    Sold for $1,165,000
  • 28 Jul 2023
    Listed for Sale Contact Agent
  • 16 Jul 2018
    Sold for $1,000,000
Sign in to see more transactions
Commute Calculator

About Mount Waverley 3149

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 17,969 properties. Over the last 5 years, Houses in Mount Waverley have seen a 2.67% increase in median value, while Units have seen a 7.97% increase. As at 30 June 2026:

  • The median value for Houses in Mount Waverley is $1,605,243 while the median value for Units is $1,091,080.
  • Houses have a median rent of $750 while Units have a median rent of $700.
There are currently 68 properties listed for sale, and 37 properties listed for rent in Mount waverley on OnTheHouse. According to Cotality's data, 677 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.