40 Oakern Street, Mount Waverley, Vic 3149

$1,575,000

House
Type
4
Bedrooms
2
Bathrooms
4
Parkings
913 m²
Area

Published on Saturday, October 24, 2026 ( See property details for 40 Oakern Street, Mount Waverley, Vic 3149)

$1,575,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious 1960s brick veneer family home on a large block with exceptional development potential in a prime Mount Waverley location.

🏡 Property Highlights

  • First time offered in 60 years, offering a rare opportunity
  • Large 913 m² block with development potential (STCA)
  • Located within the sought-after MWSC catchment area
  • Walking distance to transport, Mount Waverley Primary, and parklands
  • Classic 1960s brick veneer home with ample scope for renovation
  • Ideal for luxury new build or multiple townhouses

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Garage
  • Floorboards
  • Water tank
  • Pet-Friendly
  • Fully fenced
  • Ensuite
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40 Oakern Street
Mount Waverley, VIC 3149
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Vertical aerial view — 40 Oakern Street
40 Oakern Street — Vertical Aerial  •  Mount Waverley, VIC 3149  •  Nearmap © 2026

Mount Waverley is a highly sought-after suburb renowned for its family-friendly environment, excellent schools, and abundant parklands. It offers convenient access to transport, shopping, and recreational facilities, making it ideal for families and investors alike. The area boasts a strong community vibe and a range of amenities that enhance quality of life. With its mix of classic homes and development opportunities, Mount Waverley continues to attract discerning buyers seeking both comfort and growth potential.

What is the condition of the property and what renovation potential does it have?
The property is a classic 1960s brick veneer home with ample scope for renovation, allowing buyers to update and personalise the space to their preferences.
Are there any development restrictions or approvals required for building multiple townhouses?
Development of multiple townhouses is subject to council approval (STCA), and potential buyers should consult with local planning authorities for specific zoning and development guidelines.
What are the key features of the house that make it suitable for families?
The house offers four bedrooms, a spacious open-plan living area, secure fencing, and is located within the sought-after MWSC catchment, making it ideal for families.
Is there any existing infrastructure for sustainable living, such as solar panels or water tanks?
The property includes a water tank, and while solar panels are not specified, there is potential to add sustainable features.
What are the nearby amenities and transport options?
The property is within walking distance to transport links, Mount Waverley Primary School, and nearby parklands, providing convenient access to daily needs and recreational activities.
Are there any existing planning restrictions or overlays that could affect development or renovation plans? Has the property been affected by any flooding, bushfire risks, or environmental hazards? Are there any easements, covenants, or zoning restrictions on the land? What are the current council rates and any additional costs associated with the property? Is there any history of structural issues or repairs needed for the house? Are there any upcoming council or community developments in the area that could impact the property? What are the terms and conditions of the flexible settlement options available? Are there any strata or community titles involved, or is it a freehold property? Is the property compliant with all building codes and regulations? Are there any nearby construction projects or planned developments that could affect the property’s value or living environment?

40 Oakern Street, Mount Waverley, Vic 3149 - More Details

$1,575,000

Classic 1960s BV with ample scope to renovate or excellent development opportunity for a luxury new home or multiple townhouses (STCA).
First time offered in 60 years, this huge family home is perfectly positioned within sought after MWSC catchment, walking distance to transport, Mount Waverley Primary and nearby parklands.
FLEXIBLE SETTLEMENT TERMS ARE AVAILABLE!
Type
House
Bedrooms
4
Bathrooms
2
Parkings
4
Area
913 m²

Price guide

View Statement Of Information

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Map & nearby places — 40 Oakern Street, Mount Waverley, Vic 3149

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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