57 Waverley Road, Malvern East, VIC 3145 | Property Value & History | OnTheHouse
OFF MARKET

57 Waverley Road
Malvern East VIC 3145

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 239m2
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Property Details for 57 Waverley Rd, Malvern East

Building Type
Commercial
Land Size
239m2
Local Government
Stonnington
Lot/Plan
2/LP120590

Last Listing description (October 2021)

For Immediate Private Sale - $3,900,000

Colliers are pleased to present a prime value-add opportunity at 49-57 Waverley Road, Malvern East. This expansive, dual frontage site, featuring substantial improvements, is sensationally located within the Gascoigne Estate, Malvern East, one of metropolitan Melbourne's most sought-after, premium locations.


Key highlights include:

- Substantial site of 786m* featuring frontage to Waverley Road & rear laneway

- Three adjoining properties, offered in one line

- Significant existing improvements, including a caf, retail, office and residential dwelling, offered with vacant possession, allowing for ultimate flexibility to a variety of users/buyers

- Existing improvements allowing for income generation while obtaining plans and permits for re-development

- Premium location in highly sought-after Gascoigne Estate within Malvern East, featuring some of Melbourne's most expensive and prestigious residential real estate

- Located only 9 kilometres south east of Melbourne CBD

- Situated directly opposite Monash University Caulfield Campus, premier Australian university

- Malvern East median house price of $1,950,000 (Source REIV)


- Number 3 tram and Caulfield train station on the doorstep of the property

- Short walking distance from Caulfield Racecourse, soon to feature a $570m redevelopment into one of Melbourne's largest sporting and entertainment precincts

- Further exceptional local amenity including Central Park, Caulfield Park, Ardrie Park, Waverley Road & Burke Road retail strips, Chadstone Shopping Centre, Malvern Central Shopping Centre, Cabrini Hospital, Caulfield Hospital & Koornang Road Carnegie

- Quality education facilities in close proximity, including Monash University, Korowa Anglican Girls School, Sacre Coeur, Caulfield Grammar School (Malvern & Caulfield campus), Melbourne Grammar School (Grimwade campus), Glen Eira College, Saint Mary's Primary School, Lloyd Street School, Malvern Primary School

*approximately

Colliers International
Ben Baines 0438 328 407
Ted Dwyer 0411 312 165

Arvis & Collins
Jerry Tsiligiannis 0418 840 800

*approximately

Property History for 57 Waverley Rd, Malvern East, VIC 3145

A timeline of how this property has performed in the market
Last Sold
$1,121,307
10 Oct 2021
  • 10 Oct 2021
    Sold for $1,121,307
  • 02 Jul 2021
    Listed for Sale $3,900,000
  • 01 Mar 1977
    Sold for $22,000
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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 12,952 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 32 properties listed for rent in Malvern east on OnTheHouse. According to Cotality's data, 494 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.