9 MCLAREN STREET,
MOUNT WAVERLEY VIC 3149

About Mount Waverley - South

With an average age of 41, households expect an average monthly mortgage payment of $2,550 or a weekly rent payment of $450. The average family earns a weekly income of $2,487 with a typical household size of 2.7 and a 95.04% employment rate.

Consistent high demand relative to supply is a key feature in Mount Waverley driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Mount Waverley ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Mount Waverley classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Mount Waverley requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Public Transport

Stop 66: Middleborough Road Stop 66: Middleborough Road Stop 64: Station Street Stop 65: Starling Street Stop 65: Starling Street Stop 67: Old Burwood Road Stop 67: Old Burwood Road Mount Waverley Jordanville Syndal

General Points of Interest

Diving pool Neighbours Backlot McKinnon Obelisk Academy Swimming Pool Hockey Pavillion Ringwood Golf Course Pavillion Camberwell Central Vermont South Shopping Centre Malvern Valley Public Golf Course

Population

(Country of Birth not stated 4%)

Are people healthy?

Local Crime Rates

Incidents Trend State Average

Local Schools

• School Catchments

  Ashwood High School Mount Waverley Heights Primary School

• St Mary Magdalen's Parish Primary School

  Chadstone, VIC, 3148 Independent Prep-6

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• Mount Waverley Heights Primary School

  Mount Waverley, VIC, 3149 State Prep-6

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• Frank Dando Sports Academy

  Ashwood, VIC, 3147 Independent 6-11

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• Salesian College

  Chadstone, VIC, 3148 Independent 7-12

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Property Story

Local Developments

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• 134 Acme Avenue Street, Town, State

  Description - Details the application. Type and other information pertaining to the development application and more...

  Authority Reference: UX0909823-GOV Website