106/2a Clarence St, Malvern East is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 766m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 1 bedroom Unit sold in Malvern East in the last 12 months.
A high yield investment opportunity currently returning $528 per week, this smartly appointed two-bedroom apartment offers both strong rental appeal and an ideal lifestyle base for owner-occupiers. Positioned on the first floor of a contemporary complex, the residence enjoys elevated streetscape views and is bathed in natural light throughout. The open plan living and dining area flows seamlessly to the balcony, while the gourmet kitchen impresses with premium appliances. Both bedrooms are generously sized and carpeted for comfort, complemented by a fully tiled bathroom with a Euro laundry. Split system heating and cooling ensure year-round climate control, and the convenience of an off-street parking space adds to the property's lock-and-leave appeal. Located just moments from Monash University (Caulfield campus), Caulfield train station, Caulfield Village cafes, restaurants & shopping, and Caulfield Racecourse, this apartment is perfectly positioned to attract students, professionals, and city commuters alike.With its combination of quality finishes, unbeatable location, and low-maintenance living, this property represents a compelling opportunity for investors seeking reliable returns and long-term growth.
The size of Malvern East is approximately 7.7 square kilometres. There are 25 parks, covering nearly 14.3% of the total area. The population of Malvern East in 2016 was 21707 people. By 2021 the population was 22296 showing a population growth of 2.7% in the area during that time. The predominant age group in Malvern East is 20-29 years. Households in Malvern East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Malvern East work in a professional occupation.In 2021, 66.90% of the homes in Malvern East were owner-occupied compared with 64.90% in 2016.
Malvern East has 12,921 properties. Over the last 5 years, Houses in Malvern East have seen a -2.64% decrease in median value, while Units have seen a -3.26% decrease. As at 31 July 2026:
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