306/2a Clarence St, Malvern East is a 1 bedroom, 1 bathroom Unit and was built in 2015. The property has a land size of 766m2 and floor size of 22m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 1 bedroom Unit sold in Malvern East in the last 12 months.
Set on one of Malvern Easts most beautiful treelined streets, this bright and secure apartment is an ideal choice for parent/investors seeking a safe, lowmaintenance home for their adult child with excellent longterm rental appeal when needed. The generous bedroom with builtin robe, sunlit openplan living, splitsystem heating and cooling, and sleek Smegequipped kitchen create a comfortable, reliable base for study or early independence and continued income stream.
Bathroom, Euro laundry, storage cupboard and private balcony add everyday ease, while the secure building offers peace of mind. The location is a standout with walking distance to Central Park and Hedgeley Dene Gardens, close to Monash University, Caulfield Racecourse, cafs, shops and public transport.
Whether used now or held for future study years, this apartment sits in a consistently strong rental corridor providing flexibility, stability and longterm value.
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 -1.68% decrease in median value, while Units have seen a -4.47% decrease. As at 31 August 2026:
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