23 Somers AvenueMalvern VIC 3144
Property Details for 23 Somers Ave, Malvern
Last Listing description (April 2012)
Sensational Stonnington Estate Opportunity
Exclusively situated in the highly prized Stonnington Estate amidst some of Malvern's finest homes, these two adjoining allotments measuring 605 and 739sqm (approx) respectively and boasting northwest orientations offer a range of exciting opportunities to both developers and families looking to build.
Complete with plans and permits for 3 levels of apartments plus a basement, the sites represent an outstanding and potentially very lucrative development opportunity.
Whichever path is taken, the prestige of a Stonnington Estate address ensures a most rewarding outcome.
Property History for 23 Somers Ave, Malvern, VIC 3144
- 11 Feb 2012Listed for Sale Not Disclosed
- 22 Aug 2006Sold for $1,723,000
- 18 Jul 2006Listed for Sale 1,800,000+
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0About Malvern 3144
The size of Malvern is approximately 2.9 square kilometres. It has 9 parks covering nearly 4.4% of 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 6,825 properties. Over the last 5 years, Houses in Malvern have seen a 11.32% increase in median value, while Units have seen a 5.87% increase. As at 31 March 2026:
- The median value for Houses in Malvern is $3,153,740 while the median value for Units is $799,050.
- Houses have a median rent of $1,100 while Units have a median rent of $588.
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