FOR SALE
$125k

101/141 Waverley Road
Malvern East VIC 3145

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Prime Investment Opportunity – Stylish Student-Only Accommodation

An exceptional investment product, ideal for those looking to grow their portfolio or for parents seeking a perfect home for their child ahead of the new school year. This secure and well-leased property is currently returning approximately $325/week, with potential for an increase upon lease renewal, driven by strong demand for student accommodation in this thriving sector.
Located just a short 450m walk from Monash University Caulfield and a stone’s throw from Caulfield train station, 141 Waverley Road offers unbeatable convenience. With tram and bus stops right outside, and a vibrant selection of cafes, restaurants, shops, and supermarkets all within walking distance, the lifestyle appeal is undeniable. Chadstone Shopping Centre, the largest shopping destination in the Southern Hemisphere, is also just minutes away.
Features include:
- Secure entry for peace of mind
- Courtyard area for added outdoor space
- Common room equipped with a table tennis table for recreation
- On-site car parking available for rent
- Exclusive student-only accommodation
Whether you’re looking for a low-maintenance investment with strong returns or a strategic purchase for a university-bound student, this opportunity in Melbourne's high-demand student housing market won’t last long.
Contact us today to secure this premium offering.
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Property Details for 101/141 Waverley Rd, Malvern East

101/141 Waverley Rd, Malvern East is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Viva Property.

Building Type
Apartment

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About Malvern East 3145

The size of Malvern East is approximately 7.7 square kilometres. It has 25 parks covering nearly 14.3% of total area. The population of Malvern East in 2011 was 20,066 people. By 2016 the population was 21,713 showing a population growth of 8.2% 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 2011, 68% of the homes in Malvern East were owner-occupied compared with 64.9% in 2016.

Malvern East has 12,619 properties. Over the last 5 years, Houses in Malvern East have seen a 9.32% increase in median value, while Units have seen a -4.80% decrease. As at 31 August 2024:

  • The median value for Houses in Malvern East is $2,114,730 while the median value for Units is $643,028.
  • Houses have a median rent of $795 while Units have a median rent of $500.
There are currently 49 properties listed for sale, and 23 properties listed for rent in Malvern east on OnTheHouse. According to CoreLogic's data, 445 properties were sold in the past 12 months in Malvern east.

Suburb Insights for Malvern East 3145

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Zeno Kobica
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Disclaimer
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.