SOLD
Sold on 05 Jul 2024 for $705,000

1/98 Burke Road
Malvern East VIC 3145

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 113m2
Land area: 1076m2
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Marshall White
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Property Details for 1/98 Burke Rd, Malvern East

1/98 Burke Rd, Malvern East is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 1076m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Malvern East in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
113m2
Land Size
1076m2
Local Government
Stonnington
Lot/Plan
1/RP15707

Last Listing description (July 2024)

Private Sale Closing July 2nd at 5pm

Directly opposite Central Park and with attractive outlooks across its glorious leafy expanses, this pristine, two bedroom apartment is enviably positioned within metres of all the charms and refined cafe culture for which Central Park Village is renowned. Polished hardwood flooring is perfectly complemented by a crisp white colour palate in this character-filled ground-floor 'Central Park Court' apartment where easy city access is merged with the unique ability to treat Central Park as your personal backyard.
Well removed from its bright, open and airy living room, the apartment's kitchen / meals is comfortably presented while offering scope for renewal at your leisure. Accessed securely via intercom entry and with a coveted parking space as well as a storage cage, the home also presents a balcony off the living room and an appealing classically styled bathroom with separate wc as well as the building's tranquil communal gardens.

Aside from the myriad of local cafes, this is a rewarding location that is zoned for the ever-popular Lloyd Street School, while offering access to city-bound trams along Wattletree Road, as well as Hedgeley Dene Gardens and Gardiners Creek parkland, plus you have plenty of shopping nearby at Glenferrie Road, Malvern Central Shopping Centre and at Chadstone.

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Property History for 1/98 Burke Rd, Malvern East, VIC 3145

A timeline of how this property has performed in the market
Last Sold
$705,000
05 Jul 2024
Listed for Rent
$490/w
14 Apr 2021
  • 05 Jul 2024
    Sold for $705,000
  • 10 May 2024
    Listed for Sale $700,000-$740,000
  • 24 Mar 2020
    Listed for Rent $500 / week
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About Malvern East 3145

The size of Malvern East is approximately 7.7 square kilometres. It has 25 parks covering nearly 14.3% of total area. The population of Malvern East in 2011 was 20,066 people. By 2016 the population was 21,713 showing a population growth of 8.2% in the area during that time. The predominant age group in Malvern East is 20-29 years. Households in Malvern East are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Malvern East work in a professional occupation. In 2011, 68% of the homes in Malvern East were owner-occupied compared with 64.9% in 2016.

Malvern East has 12,616 properties. Over the last 5 years, Houses in Malvern East have seen a 17.33% increase in median value, while Units have seen a 2.55% increase. As at 31 October 2024:

  • The median value for Houses in Malvern East is $2,267,143 while the median value for Units is $658,303.
  • Houses have a median rent of $780 while Units have a median rent of $500.
There are currently 42 properties listed for sale, and 28 properties listed for rent in Malvern east on OnTheHouse. According to CoreLogic's data, 464 properties were sold in the past 12 months in Malvern east.

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