SOLD
Sold on 19 Feb 2024 for $690,000

4/23-25 Raleigh Street
Malvern VIC 3144

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 70m2
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Belle Property Armadale
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Property Details for 4/23-25 Raleigh St, Malvern

4/23-25 Raleigh St, Malvern is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a floor size of 70m2. 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
1960
Floor Size
70m2
Local Government
Stonnington
Lot/Plan
4/PS506734

Last Listing description (April 2024)

Prepare to be wowed by this north facing two bedroom apartment perfectly positioned in a quiet cul-de-sac, only moments away from all Malvern has on offer. The property presents a spacious living and dining zone opening on to a sheltered balcony, while the well appointed kitchen provides stone benchtops, dishwasher and overhead cabinetry. The two spacious bedrooms both provide built-in-robes and are serviced by a main bathroom with shower, and laundry facilities. Extras include a north facing study nook, split system heating and air conditioning, security entrance and single lock up garage. Providing the ultimate convenience in a premium Malvern location close to Milton Gray Reserve, city trams, Malvern station, Glenferrie Road's cafes and shops, Cabrini Hospital, Malvern Primary School, Monash University Caulfield and Caulfield Park.

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Property History for 4/23-25 Raleigh St, Malvern, VIC 3144

A timeline of how this property has performed in the market
Last Sold
$690,000
19 Feb 2024
Listed for Rent
$380/w
08 May 2010
  • 15 Apr 2024
    Listed for Rent $550 / week
  • 19 Feb 2024
    Sold for $690,000
  • 31 Jan 2024
    Listed for Sale $690,000
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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 6,531 properties. Over the last 5 years, Houses in Malvern have seen a 15.59% increase in median value, while Units have seen a 4.88% increase. As at 30 September 2024:

  • The median value for Houses in Malvern is $2,971,948 while the median value for Units is $748,247.
  • Houses have a median rent of $1,050 while Units have a median rent of $550.
There are currently 17 properties listed for sale, and 7 properties listed for rent in Malvern on OnTheHouse. According to CoreLogic's data, 239 properties were sold in the past 12 months in Malvern.

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