5 Banksia Way, Malvern is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2012. The property has a land size of 75m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in November 2020.
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Stylish, immaculately presented 3 bedroom light filled town residence, situated behind the Stonnington Mansion in a highly sort after pocket of Malvern. Moments from iconic shops and restaurants of Glenferrie Road and Malvern Village with local parks, elite schools, public transport all at your disposal. The landscaped front garden provides an alluring entrance to a property bathed in natural light and set over 3 spacious levels. First floor delivers the wonderful north facing open plan living and dining area with oak flooring that leads to the northern alfresco terrace combining indoor/outdoor living for year round entertainment. The stunningly updated kitchen with state-of-the-art Miele appliances and under-bench seating for 3 people provides for lifestyle cooking alongside the spacious dining area. 3 bedrooms including a versatile option to use one as a study on the ground floor with access to central powder room is separated from the 2 main bedrooms on the top floor each with private balcony including the expansive master with stunning fully tiled ensuite and great robe space. Other features include oversized single car garage with inbuilt storage, separate family laundry, ducted heating/cooling throughout and secured video intercom entrance.
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 6,781 properties. Over the last 5 years, Houses in Malvern have seen a -2.71% decrease in median value, while Units have seen a -1.00% decrease. As at 31 May 2026:
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