328 Waverley RoadMalvern East VIC 3145
Property Details for 328 Waverley Rd, Malvern East
Last Listing description (November 2023)
A strong acquisition for a self-managed super fund or a small business, grab this exciting opportunity to own an attractive retail shopfront in bustling Malvern East Village.
A constant flow of car and foot traffic makes this highly visible position an enviable one. With a tram at the door and surrounded by an array of successful cafes and retailers, this popular community hub ensures that businesses thrive.
Beyond the front window theres a reception followed by three office spaces, two substantial rooms, a kitchen and a bathroom. Currently leased as a yoga and pilates studio, this is the reliable investment youve been seeking.
* Retail shopfront in Malvern East Village
* A large design with a reception, offices and two substantial rooms
* Kitchen and bathroom
* A high-exposure site next to the tram
* Surrounded by successful small businesses
* A reliable investment or strong base for your business
Terms: 10% deposit, balance 60 days
Property History for 328 Waverley Rd, Malvern East, VIC 3145
- 23 Dec 2025Sold for $1,100,000
- 22 Dec 2025Listed for Sale Not Disclosed
- 23 Aug 2025Transferred
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 12,921 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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