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

641 Waverley Road
Malvern East VIC 3145

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 1128m2
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Last updated 7 Sep 2026
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Property Details for 641 Waverley Rd, Malvern East

641 Waverley Rd, Malvern East is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 1128m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in August 2015.

Building Type
House
Year Built
1950
Floor Size
110m2
Land Size
1128m2
Local Government
Stonnington
Lot/Plan
122/LP20123

Last Listing description (August 2026)

Inspection by AppointmentPositioned in one of Malvern East's most connected and sought-after pockets, 641 Waverley Road presents an exceptional opportunity for developers and investors alike. With approved planning permits already in place for the construction of 10 striking terrace townhouses, this is a ready-to-go project that combines architectural excellence with strong market appeal.The approved plan showcases a bold, contemporary design, featuring clean lines, sophisticated faades and thoughtfully designed floorplans tailored for modern living. Each residence has been carefully considered to maximise space, natural light and lifestyle functionality-perfectly suited to meet the growing demand for high-quality, low-maintenance homes in this thriving locale.Location is a standout advantage, offering immediate access to public transport including Holmesglen Train Station and nearby bus routes, as well as abundant shopping and dining options, Harvey Norman, Officeworks, Chadstone Shopping Centre, Holmesglen TAFE, and Malvern Valley Golf Course all within easy reach. The close proximity to transport, retail, education, parklands, and recreation, along with local cafs, supermarkets, and everyday essentials, ensures this property is exceptionally well-positioned for convenience, lifestyle, and strong investment appeal.Set within a well-established and high-growth area, this is a rare chance to capitalise on an approved, design-led project in a blue-chip suburb with proven buyer demand.Key Highlights: Approved planning permit for 10 terrace townhouses Architecturally designed contemporary residences Prime Malvern East location with excellent connectivity Close to Chadstone Shopping Centre, transport, schools and parks Strong appeal to owner-occupiers and investorsTerms: 10% deposit, balance 30/60/90 daysPLEASE NOTE: Open for inspection times and property availability is subject to change or cancellation without noticeFollow us on Facebook: https://www.facebook.com/janssenandco

Property History for 641 Waverley Rd, Malvern East, VIC 3145

A timeline of how this property has performed in the market
Last Sold
$2,300,000
02 Aug 2015
Listed for Rent
$700/w
18 Jun 2020
  • 17 Apr 2026
    Listed for Sale $2,600,000 - $2,800,000
  • 21 Mar 2024
    Listed for Rent $700 / week
  • 12 May 2020
    Listed for Sale Contact Agent
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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 12,930 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:

  • The median value for Houses in Malvern East is $2,199,907 while the median value for Units is $693,787.
  • Houses have a median rent of $895 while Units have a median rent of $578.
There are currently 22 properties listed for sale, and 36 properties listed for rent in Malvern east on OnTheHouse. According to Cotality's data, 477 properties were sold in the past 12 months in Malvern east.

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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.