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This property has been sold for $1,581,000 on 29 Aug 2026

26 days on market

Market context at sale

Suburb cycle phase
Recovery
RBA cash rate
4.35%
Suburb median (August 2026)
$1,610,000(-2%)

5 Palm Beach Cres, Mount Waverley, VIC, 3149

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Asking Price

$1,420,000 - $1,560,000

4 Beds3 Baths2 Cars
Land: 651 m2
Floor: 153 m2
Built: 1970

Property overview

This 4-bedroom house at 5 Palm Beach Cres in Mount Waverley, VIC 3149 sold for $1.6M in August 2026, with 3 bathrooms and parking for 2. It offers a 651 m2 block and 153 m2 of internal living space. The house was built in 1970. Mount Waverley sits about 16 km from the CBD, where the median house price is $1.6M. Council data shows no flood or bushfire overlay on the site. 69 schools sit within about 5km, and the area scores 62 for walkability and 87 for transit out of 100.

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $1,560,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

Listed

Updated

Days on market

26

Investment Score

Essentials feature

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Mount Waverley at a glance

House market signals | VIC 3149

Full suburb profile

Median

$1.6M

Market signals

To CBD

16 km

Est. Valuation

$1,329,588

Potential Sell Price

Est. Rent/wk

$774

Potential Gross Yield

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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.

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Key Highlights

651 m2 block
Going to auction
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Planning Overlays

No Overlays Detected

Subdivision & Development Potential

GRZ3General Residential Zone 3

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

Total Cost to Purchase

Purchase Price
$1,560,000
Stamp Duty (Victoria)
$85,800
Transfer/Registration Fee
$2,500
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$1,651,000

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Listed
Last Updated
Postcode
3149

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