SOLD
Sold on 24 Feb 2024 for $1,060,000

16/1231 Malvern Road
Malvern VIC 3144

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 4599m2
Sold By
Marshall White
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Property Details for 16/1231 Malvern Rd, Malvern

16/1231 Malvern Rd, Malvern is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 4599m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Malvern in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
110m2
Land Size
4599m2
Local Government
Stonnington
Lot/Plan
16A/PS631632

Last Listing description (February 2024)

A superbly renovated, back-of-the-block apartment that merges a house-like sense of proportion with a light-letting northern aspect, a remarkable sense of tranquility and vast outdoor living areas, this three bedroom residence is a haven of peaceful privacy seemingly miles away from the road. Accessed via exquisitely landscaped and established gardens the apartment enjoys a proudly maintained privacy-respecting communal environment and evokes the feel of a sunny hideaway right on the cusp of Malvern Village's vibrancy.
For the culinary enthusiast, a stone-topped kitchen / meals has been appointed with a stainless steel oven, a convection oven, a cooktop and a large pantry, as well as a double door fridge / freezer, whilst a lounge / dining is filled with northern light and warmed by a gas log fireplace. Looking out upon a huge, sun-drenched terrace, this is clearly a home to delight entertainers. Two of the bedrooms have been completed with built-in robes, plus there is a bright bathroom / laundry with a new marble-topped vanity, a shower with independent bathtub and a separate wc, whilst additional highlights include carport parking for two vehicles, a second outdoor living area, split system heating and air conditioning.
From this surprisingly peaceful position, you can walk easily to some wonderful cafes, bars and restaurants, as well as city-bound trams just on Malvern Road, whilst Spring Road Park is also nearby for some calming refuge, plus you have easy access to all the refinement of Hawksburn Village just down the road and terrific shopping at Malvern Central Shopping Centre as well as Glenferrie Road.

Property History for 16/1231 Malvern Rd, Malvern, VIC 3144

A timeline of how this property has performed in the market
Last Sold
$1,060,000
24 Feb 2024
  • 24 Feb 2024
    Sold for $1,060,000
  • 24 Jan 2024
    Listed for Sale $850,000 - $900,000
  • 30 Nov 2019
    Sold for $850,000
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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 6,509 properties. Over the last 5 years, Houses in Malvern have seen a 11.02% increase in median value, while Units have seen a 1.69% increase. As at 31 October 2024:

  • The median value for Houses in Malvern is $3,042,352 while the median value for Units is $738,942.
  • Houses have a median rent of $1,000 while Units have a median rent of $550.
There are currently 31 properties listed for sale, and 7 properties listed for rent in Malvern on OnTheHouse. According to CoreLogic's data, 244 properties were sold in the past 12 months in Malvern.

Suburb Insights for Malvern 3144

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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.