Property Details for 3 Spring Rd, Malvern
3 Spring Rd, Malvern is a 4 bedroom, 4 bathroom House with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (November 2023)
Prestigious parkside position with undeniable upside
Expressions of Interest Closing Tuesday 28th November at 5pm
Opposite Malvern Gardens and surrounded by numerous esteemed schools, this sprawling Edwardian home occupies an impressive 638 sqm allotment providing prospective buyers a glimpse into an aspirational future, presented with plans and permits for two substantial Inglis Architect-designed townhouses, the opportunity for a single luxurious home (STCA), or potential to renovate and refine the existing home. The existing structure is presented in comfortable condition with an abundance of existing accommodation including five bedrooms and three bathrooms and includes a semi-detached studio / office (a milk bar in years gone by) which can be individually accessed from Spring Road. The Inglis Architects approved permit provides immediate upside, whilst the opportunity to build a luxury new home in a Malvern's premier residential precinct is equally compelling. Walking distance to Malvern Central School, Lauriston, De La Salle College, and St Joseph's Primary School whilst a myriad of transport options provide easy access to Schools along Glenferrie Road or towards the city. High St's boutiques and Glenferrie Rd's dining experiences together with numerous parks make it the perfect family environment.
Property History for 3 Spring Rd, Malvern, VIC 3144
- 22 Nov 2023Sold - Price Undisclosed
- 02 Nov 2023Listed for Sale Contact Agent
- 09 Mar 2023Listed for Rent $1,000.00
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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 6,822 properties. Over the last 5 years, Houses in Malvern have seen a -17.50% decrease in median value, while Units have seen a -12.08% decrease. As at 31 October 2026:
- The median value for Houses in Malvern is $2,713,873 while the median value for Units is $757,058.
- Houses have a median rent of $1,150 while Units have a median rent of $605.
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