112/60 Waverley Rd, Malvern East is a 3 bedroom, 2 bathroom Unit. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 3 bedroom Unit sold in Malvern East in the last 12 months.
An excellent opportunity to secure a high-yield student accommodation investment in a sought-after location, with the property currently leased at $800 per week ($3,476 per month) through to 9 February 2027.
Positioned within a popular student accommodation complex, this well-presented apartment offers a practical layout with comfortable living and excellent investment appeal.
Property Features:
Currently leased at $800 per week
Lease secured until 9 February 2027
Approx. $41,700 annual rental income
Furnished and ready for ongoing student accommodation use
Spacious open-plan living and dining area
Comfortable lounge with plenty of natural light
Functional kitchen with ample storage and bench space
Gas cooking and integrated appliances
Separate bathroom
Well-maintained interior
Excellent investment with an established rental history
Prime Malvern East Location
Located on Waverley Road, the property is conveniently positioned close to public transport, local shops, cafes and major educational institutions. The location provides easy access to Monash University and surrounding amenities, making it an attractive option for the student rental market.
An ideal opportunity for investors seeking a securely leased student accommodation property in a convenient Melbourne location.
Contact us today for further information or to arrange an inspection.
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 -1.68% decrease in median value, while Units have seen a -4.47% decrease. As at 31 August 2026:
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