1536-1542 Malvern RoadGlen Iris VIC 3146
Property Details for 1536-1542 Malvern Rd, Glen Iris
Last Listing description (November 2021)
Savills is delighted to offer for sale this superb, corner development site located at 1536-1542 Malvern Road, Glen Iris. This premium landholding has demolition approval already in place, providing potential for a prestige residential, child care , medical and many more (STCA). Key attributes of this fantastic opportunity are:
- Significant corner landholding of 1,850sq m*
- A superb position on the corner of quiet, tree-lined Scott Grove
- Residential Growth Zone 2 (4 levels STCA)
- Extremely well suited to a premium residential project or childcare centre
- Glen Iris has a strong median house price of $2,005,000*^ and is home to some of Melbourne's best schools
- High quality existing improvements demolition permit in place
- Vacant possession
- A very well serviced location a short walk from Gardiner Train Station and easy Monash Freeway access
The opportunity to secure a substantial landholding in this prime suburban location is sure to be highly sought after, especially when you consider its central position in this prestigious eastern suburbs of Melbourne.
EOI Closed Offers Under Review
For further information, please contact:
Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655
Property History for 1536-1542 Malvern Rd, Glen Iris, VIC 3146
- 19 Apr 2022Transferred
- 02 Nov 2021Listed for Sale EOI Closed Offers Under Review
- 02 Mar 2018Sold for $9,500,000
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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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