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

609 Waverley Road
Malvern East VIC 3145

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1225m2
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Property Details for 609 Waverley Rd, Malvern East

Building Type
Commercial
Land Size
1225m2
Local Government
Stonnington
Lot/Plan
43/LP20123

Last Listing description (August 2014)

A Lifetime Investment - 15 year lease to 7 Eleven
- 15 yr lease commencing 12th July 2011, plus 3 x 5 year options
- Current Rental: $129,359* +GST

- Annual rental increases at 4%
- Tenant pays all outgoings (except land tax)
- Land Area: 1,212sqm*
- Zoning: General Residential Zone (Schedule 7)
- Tenant is responsible for all tanks, pumps, line work and remediation
*Approx
This property is part of a larger portfolio comprising six (6) VIC, seven (7) NSW and three (3) QLD 7-Eleven petrol station investments. The properties are to be sold individually by Public Auction.
To view the entire portfolio online www.7eleveninvestments.com.au
FOR SALE by Auction on Thursday 7th August 11:00am at
The Point Albert Park, Aquatic Drive, Albert Park Lake, Albert Park

Property History for 609 Waverley Rd, Malvern East, VIC 3145

A timeline of how this property has performed in the market
Last Sold
$2,850,000
07 Aug 2014
  • 07 Aug 2014
    Sold for $2,850,000
  • 10 Jul 2014
    Listed for Sale Not Disclosed
  • 11 Oct 2013
    Transferred
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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 12,923 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 23 properties listed for sale, and 28 properties listed for rent in Malvern east on OnTheHouse. According to Cotality's data, 480 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.