3/1615 Malvern RoadMalvern VIC 3144
Property Details for 3/1615 Malvern Rd, Malvern
3/1615 Malvern Rd, Malvern is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a floor size of 90m2.
Last Listing description (December 2018)
Not many quality opportunities at excellent prices come up like this.
Choice of just a few 1 bedroom PLUS study and 2 bedroom apartments available which did not settle due to changes in buyers circumstances and are now available again for sale.
They will not last long.
If looking to purchase as an investment expected current returns approximately 4.2% . Some apartments were offered for lease by investors and were snapped up in weeks!
The location of this development is outstanding with local shops, train, tram and freeway access at your doorstep as well as schools, universities, and Chadstone shopping centre close by.
Also of particular importance are the views on offer to the city, across to the beautiful church opposite and to the greenery of Glen Iris.
The prices were set over 4 years ago but marketing of the project was put on hold whilst awaiting the outcome of proposals for the Burke Rd rail crossing. This has now been resolved where works where works have been completed to lower the train line under the road with a brand new station being built which will be a HUGE benefit to the immediate area and this project. As such this project is brilliantly priced compared to any other project in the area.
For further information please contact:
Cameron Fisher 0418 313 031
Haily Stapleton 0414 261 854
Property History for 3/1615 Malvern Rd, Malvern, VIC 3144
- 21 Apr 2015Listed for Sale Not Disclosed
Recent sales nearby
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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 25.62% increase in median value, while Units have seen a 7.14% increase. As at 30 November 2025:
- The median value for Houses in Malvern is $3,287,753 while the median value for Units is $795,846.
- Houses have a median rent of $838 while Units have a median rent of $580.
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