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.
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
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:
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