306/60 Waverley RoadMalvern East VIC 3145
Property Details for 306/60 Waverley Rd, Malvern East
306/60 Waverley Rd, Malvern East is a 2 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 55m2. While the property is not currently for sale or for rent, it was last sold in June 2025.
Last Listing description (July 2026)
Seize the opportunity to invest in a rare and lucrative student accommodation option in the vibrant heart of Malvern East. Perfectly poised for high rental yields, this spacious two-bedroom apartment presents an unparalleled investment prospect.
Currently commanding an impressive annual rental of $28,000.
Located at an arm's length from Monash University Caulfield Campus, merely 180 meters away, this apartment is a student's dream, offering the perfect blend of communal living and private study spaces. Each of the bedrooms is generously proportioned and comes with its own dedicated study area, catering to the unique needs of student residents.
The apartment's interior boasts a full-sized, modern kitchen that seamlessly flows into the living and dining area, creating an open-plan space ideal for socializing and relaxation.
Additional features of this investment include:
- Secure entrance, ensuring safety and peace of mind for residents.
- Communal laundry facilities
- Lift access to all levels, making it an accessible and comfortable living option.
- The availability of secure car parking for rent, a valuable commodity for students with vehicles.
- Affordable Wi-Fi rates to cater to the digital needs of students.
Strategically positioned in a sought-after locale, the apartment is surrounded by a plethora of cafes, restaurants, shops, and supermarkets in nearby Caulfield East, Malvern East, and Carnegie. The iconic Chadstone Shopping Centre is also a stone's throw away, offering endless retail and entertainment options.
Melbourne's rental market is experiencing a shortage for quality student accommodation, with most apartments nearing full capacity. The continued influx of international students, leads to strong rental demand and making this an opportune moment for investors to delve into this thriving sector.
Don't miss out on this exceptional chance to own a premium student accommodation property in one of Melbourne's most dynamic suburbs. Contact us today to discover more about this unique investment opportunity.
NOTE - Images are of the apartment and include styled and staged furniture as indicated for advertising purposes.
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Disclaimer: We have, in preparing this document, used our best endeavors to ensure that the information contained is accurate. Images with staged furnishings as indicated on the photos. Prospective purchasers should independently verify all information provided and consult the due diligence checklist provided by Consumer Affairs Victoria
Property History for 306/60 Waverley Rd, Malvern East, VIC 3145
- 29 Jun 2025Sold for $230,000
- 23 Jun 2025Listed for Sale UNDER OFFER
- 04 Oct 2024Listed for Rent $540 / week
Recent sales nearby
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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 12,922 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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