5 Carmelo Ave, Malvern East is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 641m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in September 2019.
The perfect setting for an exciting new residence or substantial renovation and extension (STCA), a small, leafy court plays host to this original 1950s home. Take advantage of the endless array of lifestyle benefits, including extensive parkland, Scotchman's Creek bike trail into the city, and thrilling fashion boutiques and great entertainment at Chadstone Shopping Centre. Malvern Valley Primary, Holmesglen TAFE, private schools, train and the Monash Freeway are also close by. Make the most of this excellent, level allotment of 640m2 approx. which currently boasts a light-filled lounge and dining room with open fireplace, kitchen, large meals, 2 double bedrooms, polished timber floors, ducted heating and single garage. Ideal to rent out while organising plans and permits.
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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