FOR SALE
$126,500

208/141 Waverley Road
Malvern East VIC 3145

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Prime Investment: Modern 1-Bedroom Near Monash University Caulfield

Discover the perfect blend of convenience and modern living just steps from Monash University Caulfield with this smart 1-bedroom apartment. Ideal for students and investors alike, this contemporary residence features an open-plan living and dining area with a sleek stainless steel kitchen, a private bedroom, and a tiled bathroom.
Enjoy access to the resident's lounge and communal laundry, while the apartment also includes heating, intercom and block-out blinds. Embrace a hassle-free university lifestyle with nearby attractions including Waverley Road's vibrant cafes and international restaurants, Caulfield Plaza, East Caulfield Reserve, Caulfield Racecourse, and both Caulfield train station and the 3/3a tram route to the CBD.
Currently leased at $1369 per month, this property offers excellent rental returns and a savvy investment opportunity.
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Property Details for 208/141 Waverley Rd, Malvern East

208/141 Waverley Rd, Malvern East is a 1 bedroom, 1 bathroom Apartment. The place is currently for sale with Ray White Carnegie.

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 12,617 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 46 properties listed for sale, and 23 properties listed for rent in Malvern east on OnTheHouse. According to CoreLogic's data, 444 properties were sold in the past 12 months in Malvern east.

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Tom Grieve
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Aarun Tong
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Ray White Carnegie
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