38 Central Park Rd, Malvern East is a 5 bedroom, 3 bathroom House with 2 parking spaces and was built in 1912. The property has a land size of 883m2 and floor size of 544m2. While the property is not currently for sale or for rent, it was last sold in February 2024.
Magnificently situated within glorious, landscaped garden and pool surrounds in a premier Gascoigne Estate precinct, this irresistibly captivating solid brick Federation residence's palatial dimensions deliver the ultimate in family luxury. Resplendent with both elaborate period elegance and lavish designer style, its breathtaking dimensions are curated brilliantly for every stage of family life.
Behind beautiful botanic gardens, a broad tessellated return verandah introduces the majestic interior spaces where exquisite pressed metal ceilings, leadlight windows and wide oak floors create an unforgettable first impression. The L-shaped hall introduces an elegant sitting room with marble fireplace, a grand formal dining room with fireplace and a generous home office with marble desk and open fire. The spectacular open plan living and dining room with a marble fireplace features a fabulous glass enclosed temperature-controlled wine cellar. The premium kitchen is appointed with Calacatta marble benches, Miele appliances, integrated fridge and butler's pantry with 2 Miele ovens and 2nd dishwasher. The living area opens out to a private landscaped garden with large undercover al fresco dining terrace, heaters and the picturesque heated pool. A lavish main bedroom with luxurious en suite and bespoke robes enjoys downstairs serenity while a sensational children's zone upstairs comprises a second bedroom with stylish en suite and walk in robe, three additional king-sized bedrooms with robes, a designer bathroom and expansive retreat with study area.
In a prestigious location near Central Park, Malvern Primary, a range of private schools, Wattletree Rd trams, Malvern station and Central Park Village, it is comprehensively appointed with keypad entry, alarm, video intercom, CCTV, RC/air-conditioning, ducted vacuum, remote blinds, 2 powder-rooms, laundry, storeroom, irrigation, remote gates and internally accessed double garage.
The size of Malvern East is approximately 7.7 square kilometres. It has 25 parks covering nearly 14.3% of 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 12,719 properties. Over the last 5 years, Houses in Malvern East have seen a 20.66% increase in median value, while Units have seen a 6.00% increase. As at 31 January 2026:
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