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3/1 Grace Street

Glen Waverley, VIC 3150, Australia
2 bed 0 bath 1 car

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AI Valuation Estimate
$517,000$583,000

Based on recent comparable sales in Glen Waverley

+6.2% suburb growth over 12 months
🏫
8.4/10
Schools
🚇
87/100
Walk Score
📈
+6.2%
Growth
🛡️
9.1/10
Safety

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Property Insights

Multi-dimensional analysis · last updated 06/05/2026

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Schools

8 nearby schools

Catchment: Glen Waverley Primary School

Zoning

Data unavailable

Public transport

Data unavailable

Traffic

Moderate congestion

Morning (7-9am) and evening (5-7pm) peak hours experience increased traffic on Mountain Highway and Springvale Road. Local streets see moderate congestion during these periods, with typical delays of 10-15 minutes on approach routes.

Flood risk

Low

Glen Waverley is a relatively elevated, inland suburb in metropolitan Melbourne with low to very low flood risk overall. Small sections may fall within the Land Subject to Inundation Overlay (LSIO) due to localised creek corridors (e.g. Dandenong Creek tributaries), but the majority of the suburb is not in a high-risk flood zone. Standard Melbourne Water planning controls and stormwater management requirements apply.

Bushfire risk

Low

BAL: BAL-LOW

Crime profile

below average

Trend: stable

Nearby development

5 projects nearby

Glen Waverley is experiencing moderate-to-strong development activity centred on the railway station precinct and High Street commercial corridor. The suburb is benefiting from proximity to Monash University and renewed investment in transit-oriented development, with a mix of approved residential, mixed-use, and local infrastructure projects in the pipeline. Activity is consistent with Victorian Government priorities for station precinct activation and outer-metropolitan urban renewal.

Heritage

Not heritage listed

Glen Waverley is a predominantly residential outer-eastern suburb of Melbourne with limited heritage significance. While some early 20th-century properties exist, the area lacks a formal heritage overlay or conservation area designation, having developed primarily as a modern suburban locality from the 1960s onwards.

Sources: Australian Gov open data + StMate AI
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Property Photos

Property Features

    Location & Nearby

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    Approximate location shown. Contact agent for exact address.

    AI Neighbourhood Insights

    🏫
    8.4/10
    School Rating
    Top catchment
    🚇
    87/100
    Walk Score
    Very walkable
    📈
    +6.2%
    Capital Growth
    Last 12 months
    🏡
    1.4%
    Vacancy Rate
    Very low
    🛡️
    9.1/10
    Safety Score
    Very safe
    8.8/10
    Lifestyle Score
    Excellent amenities

    Within 5km

    Nearby Properties

    View all in Glen Waverley

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