5 Elizabeth StreetMalvern VIC 3144
Property Details for 5 Elizabeth St, Malvern
Last Listing description (June 2024)
Desirably situated in a highly sought-after location advantaged by a prized northwest orientation, this classic single level period residence offers current day comfort while also representing a significant opportunity to renovate and extend or to rebuild as a new custom designed home catering to your own requirements.
The wide entrance hall flows through to a spacious sun-drenched living room, three double bedrooms and a pristine bathroom. The large capable kitchen and generous family living/meals room leads out to the northwest facing garden. Presented in perfect condition to rent out while considering the many options to capitalize on such a prestigious location.
Just a short walk to Malvern Village, Tooronga station, trams, a range of schools, Menzies Reserve, Malvern Gardens and freeway access, it includes ducted heating, 2nd toilet, laundry and garage and off street parking for 2 cars. Land size 367sqm with possessory rights of another 14sqm approx.
Property History for 5 Elizabeth St, Malvern, VIC 3144
- 10 Jun 2024Sold for $2,010,000
- 22 May 2024Listed for Sale Under Contract
- 12 Apr 2023Sold for $1,985,000
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About 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 6,826 properties. Over the last 5 years, Houses in Malvern have seen a 13.93% increase in median value, while Units have seen a 9.21% increase. As at 28 February 2026:
- The median value for Houses in Malvern is $3,159,395 while the median value for Units is $798,241.
- Houses have a median rent of $825 while Units have a median rent of $583.
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