SOLD
Sold on 10 May 2024 for $1,485,000

179 Glenferrie Road
Malvern VIC 3144

Bedrooms: 3
Bathrooms: -
Car spaces: 1
Land area: 181m2
Sold By
Patrick Barnes
GORMAN ALLARD SHELTON HAWTHORN EAST
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Property Details for 179 Glenferrie Rd, Malvern

Building Type
Commercial
Land Size
181m2
Local Government
Stonnington
Lot/Plan
1/TP232520

Last Listing description (July 2008)

CAKE SHOP (6088)
CAKE SHOP
TAKING $8,000 PW

ONLY COFFEE & CAKES
ULTIMATE LOCATION. BUSY MAIN ROAD POSITION FOR MAXIMUM EXPOSURE. PLENTY OF FOOT TRAFFIC. 5.5 DAYS, 6PM CLOSE. VERY SIMPLE OPERATION, NO FOOD. MAINLY COFFEE & CAKE SALES. HIGH PROFIT BUSINESS, WELL ESTABLISHED, EXTREMELY SOLID & SECURE BUSINESS. GREAT RENT AND LEASE $900 PW INCL A 2 BEDROOM RESIDENCE. $110,000.
CONTACT BRUCE ON 0403 035 100 AND QUOTE LISTING 6088.

Property History for 179 Glenferrie Rd, Malvern, VIC 3144

A timeline of how this property has performed in the market
Last Sold
$1,485,000
10 May 2024
  • 10 May 2024
    Sold for $1,485,000
  • 20 Oct 2007
    Listed for Sale 110000
  • 01 Jun 1985
    Sold for $1,620,000

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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, 243 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.