329 Waverley Rd, Malvern East is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1915. The property has a land size of 1075m2 and floor size of 342m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Enviably positioned on a remarkable north rear facing allotment of 1,156sqm approx. (zoned GRZ7), this exquisitely character filled c1915 solid brick Federation residence offers flexible living and multiple uses, including 90sqm approx. of land not on title, making a total land holding of 1,246sqm approx.
Options include:
Renovate the period home with existing in-ground pool
This grand period home has been updated and extended to offer five bedrooms, a huge living area, a study and paved sunny outdoor entertaining with pool. Comfortably presented with heating and cooling, yet ready for some inspiration, this location of enduring market appeal ensures the home is destined to reward into the future.
Under towering ceilings with polished timber floors, and lead-light windows, the home rambles charmingly towards a more modern family room, kitchen and adjoining meals that opens to paved outdoor living. Both the living room and formal dining have open fireplaces, marble in the lounge, whilst the self contained and separate rear accommodation works as a fifth bedroom with kitchenette and en suite.
Right on the cusp of the village-like charms of the cafe scene, restaurant culture and strip shopping that adorns Waverley Road and Koornang Road, the home is highly convenient to city-bound trams, trains from East Malvern Station, the beautiful parklands of Central Park and Hedgeley Dene, as well as the endless and lush Gardiners Creek walking/bike trail. Importantly the home is zoned for the coveted Lloyd Street Primary School and highly convenient to an assortment of Melbourne's most respected private schools.
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 12,924 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:
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