FOR SALE
$370,000 - $390,000

103/1228 Malvern Road
Malvern VIC 3144

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
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Sensational Modern Apartment in Prime Location with High Rental Return

Discover the sensational one-bedroom apartment situated in an ideal location, offering unparalleled convenience with close proximity to transport, cafes, and shops. This modern dwelling, built in 2016, perfectly blends contemporary living with practical amenities, making it an excellent choice for both residents and investors.As you step into the apartment, you're welcomed by a secure entrance that ensures privacy and peace of mind. The light-filled open plan living area creates a spacious and inviting atmosphere, perfect for relaxation or entertaining guests. The modern kitchen, equipped with gas cooking and a dishwasher, caters to all your culinary needs with style and efficiency.The spacious bedroom features built-in robes, providing ample storage space and maintaining the rooms sleek design. The central bathroom is thoughtfully designed and easily accessible, while the European laundry adds a convenient, space-saving touch to the apartment.Enjoy the ease of lift access to all floors, and take advantage of the basement parking space allocated for one car. The apartment also boasts a balcony, offering a private outdoor area to unwind. For year-round comfort, the split system heating/cooling ensures a perfect indoor climate, and the video intercom system adds an extra layer of security and convenience.This apartment is currently receiving a healthy rental return, highlighting its appeal as a sound investment. With its combination of modern features and prime location, this property offers a fantastic opportunity for those seeking a stylish and convenient urban lifestyle.
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Property Details for 103/1228 Malvern Rd, Malvern

103/1228 Malvern Rd, Malvern is a 1 bedroom, 1 bathroom Apartment with 2 parking spaces. The place is currently for sale with Zed Real Estate.

Building Type
Apartment

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About Malvern 3144

The size of Malvern is approximately 2.9 square kilometres. It has 9 parks covering nearly 4.4% of total area. The population of Malvern in 2011 was 9,502 people. By 2016 the population was 10,071 showing a population growth of 6.0% in the area during that time. The predominant age group in Malvern is 20-29 years. Households in Malvern are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Malvern work in a professional occupation. In 2011, 67.9% of the homes in Malvern were owner-occupied compared with 66.7% in 2016.

Malvern has 6,528 properties. Over the last 5 years, Houses in Malvern have seen a 19.63% increase in median value, while Units have seen a 2.66% increase. As at 31 July 2024:

  • The median value for Houses in Malvern is $2,932,731 while the median value for Units is $716,906.
  • Houses have a median rent of $1,075 while Units have a median rent of $550.
There are currently 14 properties listed for sale, and 7 properties listed for rent in Malvern on OnTheHouse. According to CoreLogic's data, 245 properties were sold in the past 12 months in Malvern.

Suburb Insights for Malvern 3144

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Robert Curcio
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Sera Maluccio
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Zed Real Estate
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.