SOLD
Sold on 18 Dec 2023 for $965,000

2 Banksia Way
Malvern VIC 3144

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 94m2
Land area: 83m2
Sold By
Jellis Craig Stonnington
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Property Details for 2 Banksia Way, Malvern

2 Banksia Way, Malvern is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2013. The property has a land size of 83m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Townhouse sold in Malvern in the last 12 months.

Building Type
Townhouse
Year Built
2013
Floor Size
94m2
Land Size
83m2
Local Government
Stonnington
Lot/Plan
22/PS613430

Last Listing description (January 2024)

Expressions of Interest

Situated in one of Malvern's most desirable locations, this elegant two bedroom, two bathroom townhouse offers both convenience and a serene community ambience. Crafted by Rothelowman, the home's smart modern style, with quality flooring and sleek stone surfaces, extends throughout a superbly designed layout that flows effortlessly upstairs with comfort levels enhanced by reverse cycle heating/cooling. Natural northern light fills the open plan living/dining room and excellent stone/Miele kitchen before extending to the broad, undercover terrace via bi fold doors for effortless entertaining. The ground floor features a main bedroom with walk in robes and a contemporary ensuite, while upstairs offers a second spacious bedroom with built in robes and a main bathroom. Additional amenities include an oversized single garage with internal access, a European laundry, and ample storage. A genuine low upkeep package perfect for downsizers and executive couples, with sought after proximity to Malvern Road shops, Menzies Reserve, Harold Holt Swim Centre, Tooronga Station and M1 freeway access.

Property History for 2 Banksia Way, Malvern, VIC 3144

A timeline of how this property has performed in the market
Last Sold
$965,000
18 Dec 2023
  • 18 Dec 2023
    Sold for $965,000
  • 05 Dec 2023
    Listed for Sale $950,000 - $990,000
  • 01 Dec 2015
    Transferred
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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 6,528 properties. Over the last 5 years, Houses in Malvern have seen a 19.63% increase in median value, while Units have seen a 2.66% increase. As at 31 July 2024:

  • The median value for Houses in Malvern is $2,932,731 while the median value for Units is $716,906.
  • Houses have a median rent of $1,075 while Units have a median rent of $550.
There are currently 14 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.