Back 387 Stephensons Rd
Off Market

387 Stephensons Rd

Mount Waverley VIC 3149

4
3
2
696 m²
House
Last sold for $1,545,000
Peter AlamarasPeter Alamaras, last sold this property on 30 June 2024 after 23 days on market.

Overview

Invest, develop or build!

Positioned in a leafy locale within the sought-after Mount Waverley SC zone, this vast 696m2 (approx.) corner allotment is a crystal-ball look into a promising future. Accessed via Charlton Street, this appealing block is primed to fulfil its destiny as a first-class development, whether that takes the form of luxury townhouses or a prestigious lifestyle property (STCA). However, currently occupying the land is a three-bedroom, two-bathroom home and at the rear a one-bedroom, 1 bathroom granny flat. In each home, a spacious living domain hosts relaxation and dining, complemented by a neat kitchen with room for casual meals, and a private garden. With a proven track record as a solid earner, you could line your pockets with income while awaiting plans and permits approval or watching your equity grow. Enhancing the appeal is the prized location, which is within easy walking distance of Hamilton Place shops, Mt Waverley station, Mt Waverley PS and directly opposite Charlton St Reserve Playground and minutes from elite private schools, Chadstone Shops and M1. We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Features

4 bedrooms
3 bathrooms
2 carspaces
2 garage spaces
696 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Mount Waverley over the last 12 months, the estimated median property value of 387 Stephensons Rd is $1.7m.

Median value
$1.7m
Estimated value range
$1.17m - $3.58m
Median days on market
29
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Mount Waverley. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 387 Stephensons Rd

2024
Sold
$1,545,000
30 Jun 2024 by Peter Alamaras, of Woodards Mount Waverley

Happy sellers in Mount Waverley

81%
81% of sellers in Mount Waverley reported that their sale price either exceeded or met their price expectations.

Mount Waverley stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 97 reviews in Mount Waverley over the last 12 months.

Local market activity for 4 bedroom houses in Mount Waverley

In the last 12 months, 159 four-bedroom houses similar to 387 Stephensons Rd, have been sold.

This represents a 1% increase in four-bedroom houses sales when compared to the previous 12 months.

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