35 Paxton St, Malvern East is a 2 bedroom, 1 bathroom Unit with 5 parking spaces and was built in 1966. The property has a land size of 780m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 2 bedroom Unit sold in Malvern East in the last 12 months.
Expressions of Interest
Inspections are strictly by private appointment only
A one-off opportunity on a prized tree-lined avenue, these 5 solid brick apartments (offered as one) present a lucrative array of investment, renovation and redevelopment options on a bumper block of land in the coveted Central Park precinct. Providing a healthy income stream, purchase these spacious 2 bedroom apartments and hold for personal or superfund scenario. Perhaps exercise your design and dcor talents to up-style, strata and individually on-sell or be inspired by the prestige of this pocket and pursue a brand new plan for a suite of luxurious new homes with Hedgeley Dene Gardens, Burke and Wattletree Rd trams, cafes, boutiques and excellent schools all just a short stroll away (STCA). A rare and unique chance for the seasoned investor, renovator or developer to enjoy the multi-faceted rewards of 5 classically comfortable apartments and an array of future prospects for capital growth in a blue-chip location handy to Darling train station, Sacre Coeur, Caulfield Grammar and Korowa plus Lloyd St and St Mary's Primary Schools. Two ground and 3 upper level apartments each comprise 2 double bedrooms, large kitchen/meals area, generous lounge room, neat bathroom/laundry with separate WC and covered car space.
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:
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