1413 Malvern RoadMalvern VIC 3144
Property Details for 1413 Malvern Rd, Malvern
Last Listing description (September 2021)
Teska Carson is pleased to offer 1413 Malvern Road, Malvern for sale via public auction on Friday 17 September at 2pm on-site.
Situated on one of Melbourne's premier retail strips, this secure asset holds a 5 year lease which commenced March 2020, and benefits from on-site parking and a first floor dwelling.
- 5 year lease commenced March 2020
- Build Area: 170m2
- Income: $56,650 per annum
- 3% annual increases
- Two further terms of 5 years
- Separate access to first floor dwelling
- On-site parking
Open for Inspection times are as follow:
- Tuesday 17 August (3pm - 3:30pm)
- Wednesday 25 August (12:30pm - 1pm; 30 Minutes prior to Auction)
Please do not hesitate to contact us for further enquiries or to arrange an inspection.
Property History for 1413 Malvern Rd, Malvern, VIC 3144
- 04 Sep 2021Sold for $1,598,000
- 14 Jul 2021Listed for Sale Contact Agent
- 30 Jan 2020Listed for Sale Contact Agent
Recent sales nearby
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0About Malvern 3144
The size of Malvern is approximately 2.9 square kilometres. There are 9 parks, covering nearly 4.4% of the total area. The population of Malvern in 2016 was 10066 people. By 2021 the population was 9929 showing a population decline of 1.4% in the area during that time. The predominant age group in Malvern is 50-59 years. Households in Malvern are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Malvern work in a professional occupation.In 2021, 70.20% of the homes in Malvern were owner-occupied compared with 66.70% in 2016.
Malvern has 6,779 properties. Over the last 5 years, Houses in Malvern have seen a -2.00% decrease in median value, while Units have seen a -0.75% decrease. As at 30 April 2026:
- The median value for Houses in Malvern is $2,872,859 while the median value for Units is $775,467.
- Houses have a median rent of $1,200 while Units have a median rent of $590.
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