539 Waverley Rd, Malvern East is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 715m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 3 bedroom House sold in Malvern East in the last 12 months.
Positioned on a substantial 715m approx. allotment, this original three-bedroom residence presents an outstanding opportunity to secure a significant slice of Malvern East with scope to renovate, rebuild or redevelop (STCA).
Held in largely original condition, the home offers a genuine blank canvas for those looking to create something tailored to their vision. Three generously proportioned bedrooms are complemented by a central bathroom, separate living and dining rooms, and a functional kitchen with ample storage. Character features including decorative cornices, timber detailing and an original fireplace add a sense of charm and provide inspiration for a sympathetic renovation.
Outside, the expansive rear garden delivers plenty of space for children, pets, entertaining or future landscaping, while the substantial landholding provides the real attraction for builders, developers and astute renovators.
A secure garage and additional off-street parking add further convenience, while the location places you close to Darling Park, Malvern Valley Golf Course, Ashburton Village, local schools, transport and everyday shopping. With easy access to Waverley Road amenities and major road connections, the position is as practical as it is promising.
Whether you're looking to breathe new life into an original home or unlock the potential of a prized allotment, 539 Waverley Road offers a rare opportunity to secure land, location and possibilities in one of Melbourne's most tightly held suburbs.
*Please Note* Buxton Real Estate may refuse to provide further information about the property should you prefer not to disclose your Full Contact Details including Phone Number. Photo id required upon entering the property.
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 12,922 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:
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