OFF MARKET

5 Spring Road
Malvern VIC 3144

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 399m2
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Property Details for 5 Spring Rd, Malvern

5 Spring Rd, Malvern is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 399m2. While the property is not currently for sale or for rent, it was last sold in August 2023.

Building Type
House
Land Size
399m2
Local Government
Stonnington
Lot/Plan
4/PS432289

Last Listing description (August 2023)

Virtually opposite beautiful Malvern Gardens and only a short walk to the fabulous retail and restaurant precincts on High Street and Glenferrie Road, this sophisticated contemporary residence has been meticulously designed to provide an enviable low maintenance lifestyle without compromising space, style or luxury.

Securely set behind iron gates and an imposing pivot door, the inviting entrance hall flows through to an impressively proportioned formal room with a gas log fire and access to a picturesque private courtyard. Rich Jarrah floors flow through the equally expansive sun-drenched living and dining room served by a spacious gourmet kitchen appointed with granite benches and a Siemens oven. The living extends out to a glorious north-facing landscaped courtyard garden with stone paved terraces, a pond and removable sail cloth creating an idyllic venue for outdoor living and entertaining. In its own wing on the ground level, the generous main bedroom with ample walk in robes and a lavish en suite with bath, shower and double basins overlooks the garden. Upstairs there are two additional double robed bedrooms and a stylish bathroom with bath, shower and separate toilet.

Offering close proximity to Malvern station, trams and a range of schools, it is comprehensively appointed with alarm, video intercom, ducted vacuum, ducted heating, air-conditioning, powder-room, laundry, wine cupboard, solar hot water, solar panels, irrigation, water tank and double garage.

Property History for 5 Spring Rd, Malvern, VIC 3144

A timeline of how this property has performed in the market
Last Sold
$3,502,000
05 Aug 2023
  • 05 Aug 2023
    Sold for $3,502,000
  • 12 Jul 2023
    Listed for Sale Not Disclosed

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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.

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.