87A Waverley Road, Malvern East, VIC 3145 | Apartment for rent | OnTheHouse
 
FOR RENT
$575 pw

87a Waverley Road
Malvern East VIC 3145

Bedrooms: 3
Bathrooms: 1
Car spaces: 6
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Available From
Friday 14 August 2026| Bond $2,498
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Spacious 3-Bedroom Residence with Expansive Outdoor Space in a Prime Malvern East Location

Positioned in a highly convenient location on bustling Waverley Road, this spacious three-bedroom residence offers comfortable living with exceptional accessibility. Situated above a commercial premises, the property provides a unique opportunity for those seeking generous accommodation close to transport, shopping, and education facilities.
Accessed via the rear, the residence features its own separate kitchen and bathroom facilities, ensuring privacy and independence from the commercial tenancy below.
Inside, you'll find three well-proportioned bedrooms, complemented by split system heating and cooling in the living room to provide year-round comfort. The functional floorplan offers plenty of space for families, professionals, or students looking to enjoy the convenience of this sought-after location.
Outside, the property includes a storage shed and an expansive shared outdoor area of approximately 130–140sqm, providing ample room for outdoor enjoyment or off-street parking for approximately 5–6 vehicles.
Conveniently located just moments from Monash University (Caulfield Campus), local cafés, shops, public transport, and major arterial roads, this property offers outstanding accessibility and lifestyle appeal.
Property Features:
Three spacious bedrooms
Residence located above a commercial premises
Entry at rear of property
Separate kitchen and bathroom facilities
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Property Details for 87a Waverley Rd, Malvern East

87a Waverley Rd, Malvern East is a 3 bedroom, 1 bathroom Apartment with 6 parking spaces. The place is currently for rent with HOLLAND PRICE REAL ESTATE.

Building Type
Apartment
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About Malvern East 3145

The size of Malvern East is approximately 7.7 square kilometres. There are 25 parks, covering nearly 14.3% of the total area. The population of Malvern East in 2016 was 21707 people. By 2021 the population was 22296 showing a population growth of 2.7% in the area during that time. The predominant age group in Malvern East is 20-29 years. Households in Malvern East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Malvern East work in a professional occupation.In 2021, 66.90% of the homes in Malvern East were owner-occupied compared with 64.90% in 2016.

Malvern East has 12,922 properties. Over the last 5 years, Houses in Malvern East have seen a -2.64% decrease in median value, while Units have seen a -3.26% decrease. As at 31 July 2026:

  • The median value for Houses in Malvern East is $2,269,530 while the median value for Units is $656,432.
  • Houses have a median rent of $883 while Units have a median rent of $575.
There are currently 22 properties listed for sale, and 29 properties listed for rent in Malvern east on OnTheHouse. According to Cotality's data, 481 properties were sold in the past 12 months in Malvern east.

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Carl De Sanctis
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James Akil
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HOLLAND PRICE REAL ESTATE
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