Mount Waverley is a suburb in Melbourne, Victoria, Australia, south-east of Melbourne’s central business district. It is 16 km from Melbourne at its closest point. Mount Waverley railway station, located in the main shopping precinct, is located 17.8 km from Flinders Street railway station. Its local government area is the City of Monash. At the 2016 Census, Mount Waverley had a population of 33,611.

The Mount Waverley area, then part of the Parish of Mulgrave, was divided by straight roads running north–south and east–west, each exactly one mile apart, by Assistant Surveyor Eugene Bellairs, in 1853. Mount Waverley Post Office opened on 9 October 1905.

Mount Waverley is famous for its heritage streets which date from the 1930s. Due to the onset of the Great Depression, the building of houses on the suburb’s earliest estates did not commence in earnest until the early 1950s. According to Lachlan Bath, president of the Ashburton Historical Society, the suburb’s streets had been laid down, but no houses were built; merely a row of “cardboard boxes” housed the first few residents who had migrated east from the “slums of Ashburton to enjoy a better standard of living”, only to be bitterly disappointed with the estate agents who promised milk and honey but instead delivered a mosquito infested swamp. However, the Ashburton immigrants, while disappointed, all agreed that the “swamp” was a major step up from their former homes. Post Offices at Mount Waverley North (opened 1959 closed 1983), Mount Waverley South (opened 1968 closed 1973), and Mount Waverley West (opened 1964 closed 1977) chart the wider residential development of the suburb.

Close to Mt Waverley Village are the suburb’s first streets, once designed to become the very epitome of prestigious country estate living and an extravagant idea decades ahead of its time. Sherwood Park was part of the prestigious Glen Alvie estate that sought to form country club type living to Waverley. Top quality land was acquired – 25 acres were bought from Mr Jack Lechte in 1928, and some from Mr Cornell, as well as a large parcel of land from Mr F. Closter – in all about 50 acres. This fertile land had been dairy farm – Ayrshire-Jersey cross cows, with some pigs, a plum and apple orchard, and stock feed crops – canola, maize and lucerne (alfalfa). Glen Alvie Estates Limited allocated five of the fifty acres for recreation facilities. There was to be a club house, six tennis courts, a bowling green, a croquet lawn, a mashee lawn, and a large swimming pool. These were to be laid out adjacent to Sherwood Park, a huge central area, lined with date palms that are still seen today. Large houses around the periphery were to be built, and one-way roads would be constructed to prevent traffic problems; and also elsewhere in the estate – tucked between the large unfenced building sites and gardens to give a sense of living on a country estate. A golf course had been established nearby by 1930; St John’s Wood Golf Links, (now Riversdale Golf Club), the gardens of which were designed by Edna Walling, and a school was also nearby; Mount Waverley Primary School. This was to be garden suburb living.

The suburb’s original streets, including Park Lane, Virginia Street and Sherwood Road, were built of concrete, not the less expensive asphalt. Council intended to charge an extra rate to residents of the estate to cover the huge loan of building these concrete streets. The surface is still the same as it was in the 1930s, with only minor maintenance over the decades. Residential development did not resurge until the 1950s. In early 2008, a new smoother asphalt surface was finally laid along the strip of Stephensons Road between Waverley Road and Mount Waverley Village shopping centre.