5/48-50 Serrell Street, Malvern East, VIC 3145 | Property Value & History | OnTheHouse
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5/48-50 Serrell Street
Malvern East VIC 3145

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 105m2
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Property Details for 5/48-50 Serrell St, Malvern East

5/48-50 Serrell St, Malvern East is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 105m2 and floor size of 84m2. While the property is not currently for sale or for rent, it was last sold in June 2001.

Building Type
Unit
Year Built
1960
Floor Size
84m2
Land Size
105m2
Local Government
Stonnington
Lot/Plan
5/RP18436

Last Listing description (August 2022)

A low maintenance investment jewel or the perfect first-timer

Right in the heart of a leafy, affluent locale, this stylish two bedroom home provide a rewarding first step up the property ladder or an opportunity to invest and watch your asset grow.

Next to beautiful Serrell Street Park and walking distance to the kindergarten, train stations, buzzing village cafes and convenient Carnegie Central, live just moments from Monash University and Australia's fashion capital - Chadstone Shopping Centre.

Complemented by polished floorboards and pleasing dimensions, the unit features a lounge with split system air-conditioner, sun-filled meals, a kitchen with Ilve 900mm stainless steel oven, single auto garage and a north facing, private courtyard. Currently, this home is rented on a month-to-month basis for $1907 per calendar month.

* Stylish and spacious, single level two bedroom villa unit
* Private north facing rear courtyard
* Within an impeccably groomed development next to Serrell Street Park
* Walk to trains (Carnegie and East Malvern), trams (no.3), cafes and Carnegie Central
* Near Monash University and Chadstone Shopping Centre
* Unit 5 is currently rented on a month to month basis for $1907pcm

Terms: 10% deposit, balance 30/60/90 days

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Fletchers COVID-19 Update

Important Notice: In line with the Victorian Government mandate and DHHS directions, open for inspection and auction attendees must check-in via QR code and provide evidence of being fully vaccinated prior to entry.

Fletchers remains committed to conducting our services in a COVID-safe and responsible manner. We ask all visitors to refrain from touching any surfaces, opening cupboards, drawers, windows, and doors when inspecting a property.

For more information, please visit: fletchers.net.au/response-to-covid-19

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Property History for 5/48-50 Serrell St, Malvern East, VIC 3145

A timeline of how this property has performed in the market
Last Sold
$227,000
12 Jun 2001
Listed for Rent
$440/w
18 Jan 2019
  • 18 Feb 2022
    Listed for Sale Contact Agent
  • 02 Mar 2016
    Listed for Rent - Price not available
  • 03 Sep 2015
    Listed for Sale Price on Application
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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 12,924 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 21 properties listed for sale, and 28 properties listed for rent in Malvern east on OnTheHouse. According to Cotality's data, 492 properties were sold in the past 12 months in Malvern east.

Suburb Insights for Malvern East 3145

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.