1420 Malvern RoadGlen Iris VIC 3146
Property Details for 1420 Malvern Rd, Glen Iris
1420 Malvern Rd, Glen Iris is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 889m2. While the property is not currently for sale or for rent, it was last sold in August 2019.
Last Listing description (June 2019)
Gorman Commercial is pleased to present this outstanding property for sale by way of public auction on Thursday 27th June at 12 noon on-site.
On offer is a magnificent opportunity to acquire an asset with three income streams, offering enormous flexibility and diversification for both investors and/or owner occupiers.
Key attributes of the property include:
* Two (2) separate self-contained apartments
* Significant rental upside
* Suit owner occupiers/investors
Ideally positioned within the busy Malvern Road retail strip, 150m from Tooronga Road and 500m from Tooronga Station.
Open For Inspection:
Tuesday 25th June: 10:00am -10:30am
To be notified of the open for inspection times, please contact Andrew Prowse +61 418 534 076 or Jonathon McCormack on +61 418 835 885 of Gorman Commercial Real Estate.
Property History for 1420 Malvern Rd, Glen Iris, VIC 3146
- 27 Aug 2019Sold for $1,225,000
- 30 May 2019Listed for Sale Not Disclosed
- 22 Nov 2018Listed for Rent $335 / week
Recent sales nearby
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0About Glen Iris 3146
The size of Glen Iris is approximately 8.0 square kilometres. It has 26 parks covering nearly 8.7% of total area. The population of Glen Iris in 2016 was 25268 people. By 2021 the population was 26131 showing a population growth of 3.4% in the area during that time. The predominant age group in Glen Iris is 50-59 years. Households in Glen Iris are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Glen Iris work in a professional occupation.In 2021, 70.00% of the homes in Glen Iris were owner-occupied compared with 68.00% in 2016.
Glen Iris has 13,479 properties. Over the last 5 years, Houses in Glen Iris have seen a 4.37% increase in median value, while Units have seen a 6.61% increase. As at 31 March 2026:
- The median value for Houses in Glen Iris is $2,395,404 while the median value for Units is $766,441.
- Houses have a median rent of $1,050 while Units have a median rent of $580.
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