FOR SALE
$125,000

122/75 Darling Road
Malvern East VIC 3145

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Spacious Student Apartment in Malvern East – Prime Investment with Growing Returns

Seize the opportunity to secure a high-demand student accommodation unit in the vibrant suburb of Malvern East. Perfectly suited for both investors and parents planning ahead for their university-bound children, this spacious and well-designed studio apartment offers comfort, convenience, and solid returns in a prime location.
Currently rented at approximately $295/week until January 2025, with rental growth anticipated to increase to around $325/week upon lease renewal, this property is a standout investment in Melbourne’s competitive student accommodation market.
Apartment Features:
- Generous Study Area:
A large built-in study desk with shelving makes this unit ideal for students, providing a practical and inspiring workspace.
- Modern Galley Kitchen:
Complete with a gas cooktop, microwave, and bar fridge, the kitchenette is perfect for quick and easy meal preparation.
- Spacious Layout:
The open-plan design incorporates living, sleeping, and study spaces, creating a comfortable environment for both relaxation and productivity.
- Secure Living:
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Property Details for 122/75 Darling Rd, Malvern East

122/75 Darling 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 12,558 properties. Over the last 5 years, Houses in Malvern East have seen a 30.50% increase in median value, while Units have seen a 2.55% increase. As at 30 September 2024:

  • The median value for Houses in Malvern East is $2,255,080 while the median value for Units is $647,988.
  • Houses have a median rent of $800 while Units have a median rent of $500.
There are currently 48 properties listed for sale, and 26 properties listed for rent in Malvern east on OnTheHouse. According to CoreLogic's data, 456 properties were sold in the past 12 months in Malvern east.

Suburb Insights for Malvern East 3145

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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.