3 Banksia Way, Malvern is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 2013. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 3 bedroom House sold in Malvern in the last 12 months.
This as new townhouse is set in landscaped surrounds and offers the best in luxury and location. The spacious open plan living/dining area and kitchen opens onto a large terrace overlooking a central courtyard garden.
The property has three bedrooms (main with ensuite) and built in robes, central bathroom, separate powder room, laundry (Miele washer and dryer included), heating and cooling, video security entrance and a single lock up garage. Located close to schools, public transport (trams and train station - 10 mins walk) and the shops (High Street Armadale and Malvern Central). Note: Property is in the Stonnington Terrace Estate - Entrance off Somers Ave.
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 6,779 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:
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