3/949 Dandenong Road, Malvern East, VIC 3145 sold on 14 January 2026 | OnTheHouse
 
SOLD
Sold on 14 Jan 2026 for $128,000

3/949 Dandenong Road
Malvern East VIC 3145

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 887m2
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Property Details for 3/949 Dandenong Rd, Malvern East

3/949 Dandenong Rd, Malvern East is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2011. The property has a land size of 887m2. While the property is not currently for sale or for rent, it was last sold in January 2026. There are other 1 bedroom Unit sold in Malvern East in the last 12 months.

Building Type
Unit
Year Built
2011
Land Size
887m2
Local Government
Stonnington
Lot/Plan
3/PS643629

Last Listing description (March 2026)

*THIS PROPERTY WAS SOLD WITH NO UPFRONT COSTS TO OUR OWNERS. TO FIND OUT MORE, PLEASE CONTACT AHMAD KLANK ON 0452217058*

Positioned directly opposite Monash University's Caulfield Campus, this purpose-built student accommodation at 949 Dandenong Road, Malvern East, presents an exceptional opportunity for investors seeking strong, consistent rental returns in a tightly held education precinct.

This modern, low-maintenance studio apartment is located within a secure complex known for high student demand. With limited stock and proximity to world-class education, this property offers a dependable investment with historically low vacancy rates.

Key Investment Features:

Strategic Location: Walk to Monash University Caulfield, Caulfield Station, trams, and retail hubs.

Strong Rental Demand: Popular with local and international students ideal for long-term tenancy stability.

Secure Building: Keycard access, CCTV, communal lounge & laundry facilities.

Low Outgoings: Gas included, affordable body corporate, and strong rental yields.

Investor-Only Building: Exclusively for full-time tertiary students no owner-occupier restrictions.

Whether you're looking to expand your portfolio or enter the market with a hassle-free, income-generating property, this is a smart, proven performer in one of Melbourne's top educational corridors.

Rental Appraisal: $395 $415 per week

Inspections by appointment only.

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Property History for 3/949 Dandenong Rd, Malvern East, VIC 3145

A timeline of how this property has performed in the market
Last Sold
$128,000
14 Jan 2026
Listed for Rent
$340/w
27 Nov 2023
  • 14 Jan 2026
    Sold for $128,000
  • 17 Oct 2025
    Listed for Sale $140,000 - $150,000
  • 21 Sep 2023
    Listed for Rent $340 / week
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About 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 12,925 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.
There are currently 21 properties listed for sale, and 29 properties listed for rent in Malvern east on OnTheHouse. According to Cotality's data, 491 properties were sold in the past 12 months in Malvern east.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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