10/1587 Malvern Rd, Glen Iris is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 910m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in December 2016.
This spacious fully updated apartment is one of just 10 located at the rear of a well-maintained apartment block. The interiors are flooded with natural light, while the original parquetry floors offer beauty and style.
The property offers:
Two large bedrooms with built ins serviced by an updated bathroom & laundry
The property is positioned in an outstandingly convenient location, given it's proximity to elite schools, Tooronga Village & Malvern Rd shopping, Monash Freeway and short stroll to Gardiner train station & tram services.
So whether you're a seasoned investor or a first-time buyer foraying into the property market, this spacious top-floor apartment located in the heart of Glen Iris is a shrewd asset.
Disclaimer: We have, in preparing this document, used our best endeavors to ensure that the information contained in this document is true and accurate, but we accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
The size of Glen Iris is approximately 8 square kilometres. It has 26 parks covering nearly 8.7% of total area. The population of Glen Iris in 2011 was 24,948 people. By 2016 the population was 25,253 showing a population growth of 1.2% in the area during that time. The predominant age group in Glen Iris is 40-49 years. Households in Glen Iris are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Glen Iris work in a professional occupation. In 2011, 71% of the homes in Glen Iris were owner-occupied compared with 68% in 2016.
Glen Iris has 13,241 properties. Over the last 5 years, Houses in Glen Iris have seen a 22.33% increase in median value, while Units have seen a -1.50% decrease. As at 31 August 2024:
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