108/60 Waverley RoadMalvern East VIC 3145
Property Details for 108/60 Waverley Rd, Malvern East
108/60 Waverley Rd, Malvern East is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2003. The property has a land size of 1481m2 and floor size of 24m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
Last Listing description (July 2026)
Introducing a fantastic investment opportunity in the heart of Malvern East - a beautifully presented 1 bedroom student-only investment apartment that generates a gross income of $1,434/calendar month (approx $330/week).
This property boasts a prime location that is surrounded by public transport options, providing easy access to nearby universities and colleges. With its close proximity to educational institutions, this property is in high demand and offers a secure and reliable source of income.
Outgoings:
Water Services approx: $185/qtr*
Owners Corp Fee approx: $729/qtr*
*Please confirm these figures with the Section 32. This is a guide only
NOTE this is Student Accommodation Only.
Inside, the apartment is well-maintained and features a modern kitchen, and an open-plan living area that is perfect for entertaining. The apartment is also furnished, ensuring that it is attractive to students seeking comfortable and convenient accommodation.
Overall, this is an amazing investment opportunity that is not to be missed. With its desirable location, high rental yield, and potential for capital growth, this property is a must-see for any savvy investor looking for a secure and reliable source of passive income.
Contact us today to arrange a viewing and to learn more about this fantastic investment opportunity in Student-Only Accommodation.
NOTE - images show staged furniture for advertising purposes only.
Property History for 108/60 Waverley Rd, Malvern East, VIC 3145
- 24 Jul 2024Sold for $118,000
- 29 May 2024Listed for Sale UNDER OFFER
- 25 Jan 2024Listed for Rent $330 / week
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0About Malvern East 3145
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 12,922 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:
- The median value for Houses in Malvern East is $2,269,530 while the median value for Units is $656,432.
- Houses have a median rent of $883 while Units have a median rent of $575.
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