Mount Waverley at a glance
38,238
People
$1,503,000
Median sale
$683/wk
Median rent
2.36%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
VIC › Mount Waverley › Kingswood Ave
3
Bedrooms
1
Bathrooms
2
Car spaces
654 m²
Land
131 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
No recorded sale price for this property yet.
Local land rate: recorded House sales in Mount Waverley (last 5 years) with land size have a median of $2,180/m² of land (n=32). Districts calculation from recorded sales — not a valuation.
Mount Waverley at a glance
38,238
People
$1,503,000
Median sale
$683/wk
Median rent
2.36%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $683/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Mount Waverley at a glance
38,238
People
$1,503,000
Median sale
$683/wk
Median rent
2.36%
Suburb gross yield
Median sale from 28 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Scott Kim Real EstateGreat Development Opportunity
Positioned within one of Mount Waverley's most tightly held and highly sought-after pockets, this exceptional landholding presents a rare opportunity for developers, builders and investors to secure a premium site in a location renowned for its strong buyer demand and outstanding lifestyle credentials.
Occupying a substantial allotment in a quiet, family-friendly streetscape, this property offers outstanding potential for redevelopment, luxury new home construction or multi-dwelling development (STCA). Surrounded by quality homes and successful residential projects, the site is perfectly positioned to capitalise on the continued growth and desirability of the Mount Waverley market.
Whether you're looking to build an exclusive luxury residence, create multiple townhouses or landbank for the future, opportunities of this calibre in such a blue-chip location are becoming increasingly scarce.
Key Highlights
• Substantial landholding positioned within one of Mount Waverley's most desirable residential pockets, providing an outstanding foundation for redevelopment, subdivision or the construction of a premium residential project, subject to council approval.
• Located in a high-demand family precinct renowned for its quality schools, transport connectivity and lifestyle amenities, ensuring strong appeal to future owner-occupiers, investors and downsizers alike.
• Favourable site dimensions with a frontage of 16.9m and flat, which offers flexibility for a range of development outcomes, including luxury townhouses, bespoke family residences or multi-dwelling projects, subject to the relevant approvals.
• Situated within a quiet, tree-lined streetscape surrounded by quality homes, established family residences and successful contemporary developments, further underpinning the area's long-term growth and desirability.
• Exceptional opportunity for developers, builders and investors seeking to capitalise on Mount Waverley's consistently strong property market and limited supply of quality development-ready sites.
• Ideal project for those looking to create high-end residences in a blue-chip eastern suburbs location where demand for new homes continues to outperform supply.
• Positioned to benefit from excellent local infrastructure, including proximity to The Glen Shopping Centre, Mount Waverley Village, train stations, quality schools, Monash University, Deakin University and major arterial road networks.
• A rare chance to secure a large parcel of land in an established neighbourhood where opportunities for redevelopment are becoming increasingly scarce.
• Surrounded by strong recent townhouse and luxury home developments, providing confidence in the area's proven buyer demand and future growth prospects.
Conveniently located within close proximity to The Glen Shopping Centre, Mount Waverley Village, public transport, parklands and a selection of highly regarded schools. Residents will enjoy easy access to Monash and Deakin Universities, Monash Medical Centre, major employment hubs and the Monash Freeway, ensuring enduring appeal for future purchasers and tenants alike.
Combining an enviable location, strong underlying land value and exciting future possibilities, this is a rare chance to secure a premium development site in one of Melbourne's most prestigious eastern suburbs.
Contact Scott Kim and Ethan Tsui today on (03) 9808 0481 for more information and secure this stunning home today!
** Sale Method: Private Negotiation
** Settlement: Flexible
** Inspection: By Appointment Only (Must provide phone number with the enquiry)
Listing description written by Scott Kim, Scott Kim Real Estate — reproduced as published, not verified by Districts.
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