45 Castlebar Rd, Malvern East is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 628m2. While the property is not currently for sale or for rent, it was last sold in February 2020.
If you’re talking about position, connection and location in real estate, then this sprawling suburban property is sure to form part of the conversation. Set back off the main roads, yet within walking distance to the incredible Chadstone shopping and entertainment mecca, this amazing opportunity is set to provide a range of options for its lucky new owners. Ready to be lived in and currently returning a steady rental income, the spacious and perfectly placed residence has scope for further renovation or even complete re-development (STCA).Plenty of off-street parking welcomes you in before you enter onto polished wooden floorboards which flow throughout an open entrance foyer and an expansive lounge and dining area. Forming the centrepiece of this flowing floor plan is an updated kitchen which features a built-in stainless-steel gas cook top, range hood, Bosch wall-mounted oven, dishwasher and an abundance of storage. Bedroom accommodation is housed off the hallway, where 3 bedrooms with built-in robes all enjoy proximity to the bathroom facilities which include a corner shower, separate bath and 2 vanities. Double doors off the dining space open out to a covered seating area and a large Northern backyard which has plenty of lawn for the kids and pets to explore. Here is where you’ll discover the hidden gem of this allotment, a double garage that has been converted into a modern fully self-contained studio with spacious living space, separate bedroom, bathroom and kitchenette. In a property that will only be limited by your imagination, there’s also secure off-street parking under the carport and gas ducted heating for comfort.Close to Malvern Valley Primary School, Holmsglen train station the prestigious Oakleigh Grammar School, with easy access to Warrigal Road, Waverley Road and Dandenong Road, plus enjoying great connection to the Melbourne CBD via the Monash M1 Freeway - this is a property of current and future potential.
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 12,899 properties. Over the last 5 years, Houses in Malvern East have seen a 0.01% increase in median value, while Units have seen a -1.82% decrease. As at 31 May 2026:
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