37 Paxton Street, Malvern East, VIC 3145 | Property Value & History | OnTheHouse
 
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37 Paxton Street
Malvern East VIC 3145

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 781m2
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Property Details for 37 Paxton St, Malvern East

Building Type
Land
Land Size
781m2
Local Government
Stonnington
Lot/Plan
134/LP2131

Last Listing description (December 2021)

The ideal investment opportunity to purchase a whole block of five (5) oversized Malvern-east flats that are fully-leased & income-producing and a clear refurbishment angle or potential rental uplift for value-add investors.

Plus massive development upside of approved permit for 10 high-end luxury apartments and alternative architectural concept for six (6) large, signature apartments.


Direct street frontage to the idyllic tree-lined Paxton Street.

A location that suits families, young professionals, down-sizers & retirees being only a short walk to vast array of lifestyle amenities: Central Park (450m*), Malvern Road Retail Strip (600m*), St Mary's Primary School (250m*), Darling Train Station (750m*).

Exceptional Malvern East Median House Price Growth of 99%** in just the past five (5) years - almost over double the Melbourne average.

*Approx.

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au

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Property History for 37 Paxton St, Malvern East, VIC 3145

A timeline of how this property has performed in the market
Last Sold
$3,015,000
28 Jun 2018
  • 02 Sep 2021
    Listed for Sale SOLD - Price Withheld
  • 28 Jun 2018
    Sold for $3,015,000
  • 28 May 2018
    Listed for Sale Not Disclosed
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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.
There are currently 22 properties listed for sale, and 30 properties listed for rent in Malvern east on OnTheHouse. According to Cotality's data, 486 properties were sold in the past 12 months in Malvern east.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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