SOLD
Sold on 22 Mar 2024 for $710,000

112/1639 Malvern Road
Glen Iris VIC 3146

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 80m2
Land area: 2363m2
Sold By
Liam Burke
Belle Property Glen Iris
Steve Burke
Belle Property Glen Iris
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Property Details for 112/1639 Malvern Rd, Glen Iris

112/1639 Malvern Rd, Glen Iris is a 2 bedroom, 2 bathroom Unit and was built in 2017. The property has a land size of 2363m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Glen Iris in the last 12 months.

Building Type
Unit
Year Built
2017
Floor Size
80m2
Land Size
2363m2
Local Government
Stonnington
Lot/Plan
112/PS749020

Last Listing description (August 2024)

INSPECT BY APPOINTMENT

Strong investment with secure renter in place until June 2024 paying $2281 pcm.

In this highly sought-after position, this first-floor contemporary apartment offers a smart and sophisticated design with soft tones that deliver a sense of peace. With a leafy outlook from the generous balcony, the sun-drenched combined living and dining area is served by a well-appointed designer kitchen with a breakfast bench and a full suite of Miele appliances including an integrated refrigerator, dishwasher, oven, and microwave.

A clever designated study nook is ideal for working from home enhancing its two inviting bedrooms that each feature built-in robes and chic tiled ensuites.
Additional features include secure entry and video intercom, secure parking, a practical storage cage, efficient Brivis ducted heating/cooling, concealed Euro laundry, timber floors, and carpeted bedrooms. Ideal home or astute investment choice.

With secure tenant in place, this premium boutique complex is surrounded by attractive landscaping, positioned in a central location close to local cafes, leading schools, Gardiners Creek bike and walking tracks, Gardiner Station, and easy access to the CBD via the M1.

Property History for 112/1639 Malvern Rd, Glen Iris, VIC 3146

A timeline of how this property has performed in the market
Last Sold
$710,000
22 Mar 2024
Listed for Rent
$450/w
21 Jan 2021
  • 22 Mar 2024
    Sold for $710,000
  • 11 Oct 2023
    Listed for Sale $710,000
  • 21 Jan 2021
    Listed for Rent $450 / week
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About Glen Iris 3146

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 17.27% increase in median value, while Units have seen a 1.25% increase. As at 30 September 2024:

  • The median value for Houses in Glen Iris is $2,387,062 while the median value for Units is $737,161.
  • Houses have a median rent of $970 while Units have a median rent of $550.
There are currently 32 properties listed for sale, and 8 properties listed for rent in Glen iris on OnTheHouse. According to CoreLogic's data, 568 properties were sold in the past 12 months in Glen iris.

Suburb Insights for Glen Iris 3146

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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.