7/1 Ricketts Road, Mount Waverley, VIC 3149 | Property Value & History | OnTheHouse
OFF MARKET

7/1 Ricketts Road
Mount Waverley VIC 3149

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 175m2
Land area: 10335m2
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Property Details for 7/1 Ricketts Rd, Mount Waverley

Building Type
Commercial
Floor Size
175m2
Land Size
10335m2
Local Government
Monash
Lot/Plan
5/PS509881

Last Listing description (April 2021)

POINT OF INTEREST:

Featuring a ground floor position and recently fully renovated, Suite 7 / 1 Ricketts Road available for sale or lease is a business move worth a closer look!

Comprising 175m2* this property offers a terrific opportunity for commercial office , retail space, cafe or medical. The suite also benefits from it's own male and female amenities, fully renovated kitchenette, bi-fold doors to access the courtyard (dual access) with great natural light exposure and has a tranquil outlook from inside and out.

Property features:
- Building area: 175m2*
- 6 Allocated car spaces included in rental
- Ducted heating and air conditioning
- Male / female amenities
- Gas connection available
- Alarm system
- Special Use Zone 6 (SUZ6)

POINT OF VIEW:

Located a stones throw from the Monash Freeway providing easy access to the Melbourne CBD or Eastern suburbs, the property also benefits from it's close proximity to major arterial roads that include Forster Road, Blackburn Road and Ferntree Gully Road.

Ricketts Road features many high profile businesses including Metricon, Australian Paper, St John Ambulance, Australia Post, and is within the Monash Technology precinct including Monash University and The Synchrotron.

*Approx.
Pricing excludes GST

Property History for 7/1 Ricketts Rd, Mount Waverley, VIC 3149

A timeline of how this property has performed in the market
Last Sold
$979,000
22 Apr 2021
Listed for Rent
$862/w
27 Apr 2021
  • 22 Apr 2021
    Sold for $979,000
  • 21 Jan 2021
    Listed for Sale $895,000.00
  • 15 Oct 2019
    Listed for Rent $45,000 / year
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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 17,933 properties. Over the last 5 years, Houses in Mount Waverley have seen a 10.11% increase in median value, while Units have seen a 14.14% increase. As at 30 April 2026:

  • The median value for Houses in Mount Waverley is $1,623,226 while the median value for Units is $1,110,542.
  • Houses have a median rent of $730 while Units have a median rent of $700.
There are currently 64 properties listed for sale, and 46 properties listed for rent in Mount waverley on OnTheHouse. According to Cotality's data, 743 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.