2/38 Koonawarra StreetClayton VIC 3168
Property Details for 2/38 Koonawarra St, Clayton
2/38 Koonawarra St, Clayton is a 6 bedroom, 4 bathroom House with 3 parking spaces and was built in 2007. The property has a land size of 705m2 and floor size of 127m2. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 6 bedroom House sold in Clayton in the last 12 months.
Last Listing description (May 2026)
Perfectly positioned less than a five-minute walk to Monash University, this exceptional two-dwelling offering is one of the most versatile and high-yield opportunities to hit the market. Set on a substantial 705m (approx.) block and comprising two completely separate units on a single title, this property presents outstanding scope for strong rental returns, multi-generational living, or a lucrative long-term investment in one of Melbourne's most in-demand precincts.
With Monash University just moments away, demand for student accommodation remains consistently high making this a prime opportunity for investors seeking reliable, year-round rental income from two tenancies. Owner-occupiers will also appreciate the rare chance to live in one residence while leasing the other for passive income to offset mortgage repayments.
Unit 1 Street-Facing Appeal
Unit 2 Quiet, Private & Spacious
Privately tucked at the rear, the second residence features a modern brick faade and an impressive floorplan with three bedrooms, two bathrooms and two toilets. Designed for comfort and practicality, it offers heating and cooling, a light-filled living zone, personal laundry facilities and its own low-maintenance backyard-ideal for large families, students or multiple renters.
Both dwellings include separate entries, independent backyards and lock-up garages, ensuring privacy and convenience for each occupant. With heating and cooling in both units, the property is ready to occupy or lease immediately with no further expense required.
Located within short walking distance to Monash University, public transport, shops, cafs and major arterial links, this address sits at the heart of a blue-chip rental corridor where demand continues to surge. A rare opportunity offering lifestyle, flexibility and exceptional income potential - secure two properties for the price of one in a location that will always deliver.
Terms: 10% deposit. Balance 30/60 days
Photo I.D. required at all inspections.
DISCLAIMER: The measurements provided of the land and / or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property / land / or of each room, we advise you to conduct your own measurements and / or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.
Please be advised that some images included in our marketing materials feature digital enhancement/virtual staging techniques designed to illustrate the property's potential appearance; these alterations are solely for visualization purposes.
Property History for 2/38 Koonawarra St, Clayton, VIC 3168
- 16 Apr 2026Sold for $1,750,000
- 21 Nov 2025Listed for Sale $1,750,000
- 28 May 2021Listed for Rent $390 / week
Recent sales nearby
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0About Clayton 3168
The size of Clayton is approximately 7.9 square kilometres. It has 9 parks covering nearly 4.1% of total area. The population of Clayton in 2016 was 19358 people. By 2021 the population was 18988 showing a population decline of 1.9% in the area during that time. The predominant age group in Clayton is 20-29 years. Households in Clayton are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clayton work in a professional occupation.In 2021, 35.60% of the homes in Clayton were owner-occupied compared with 35.20% in 2016.
Clayton has 12,273 properties. Over the last 5 years, Houses in Clayton have seen a 6.15% increase in median value, while Units have seen a 8.03% increase. As at 30 April 2026:
- The median value for Houses in Clayton is $1,258,875 while the median value for Units is $667,002.
- Houses have a median rent of $650 while Units have a median rent of $600.
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