4 Illowa StreetMalvern East VIC 3145
Property Details for 4 Illowa St, Malvern East
Last Listing description (October 2021)
Rare opportunity to acquire this well presented and versatile two-level building suitable for a variety of uses (STCA).
Key property features include:
* Rental: $30,000 pa + GST + outgoings
* Fixed annual rental increases
* Prime Commercial 1 zoning
* Walking distance to Darling Train Station and all other forms of public transport
* Surrounded by major arterial routes including the Monash Freeway, as well as Dandenong Road and Warrigal Road
* Situated within this thriving suburban retail and commercial office precinct
The property is situated on the eastern side of Illowa Street metres from the intersection of Malvern Road and Illowa Street. The area is a well-known local suburban mixed-use area with a mixture of commercial, retail, caf and hospitality tenants.
Property History for 4 Illowa St, Malvern East, VIC 3145
- 11 Dec 2024Sold for $753,000
- 16 Aug 2022Transferred
- 10 Mar 2022Sold for $800,000
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 12,949 properties. Over the last 5 years, Houses in Malvern East have seen a -1.68% decrease in median value, while Units have seen a -4.47% decrease. As at 31 August 2026:
- The median value for Houses in Malvern East is $2,199,907 while the median value for Units is $693,787.
- Houses have a median rent of $895 while Units have a median rent of $578.
Suburb Insights for Malvern East 3145
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