SOLD
Sold on 29 Nov 2023 for $3,800,000

1 Hedgeley Avenue
Malvern East VIC 3145

Bedrooms: 5
Bathrooms: 3
Car spaces: -
Floor area: 311m2
Land area: 1254m2
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Sold By
Adam Cashmore
Kay & Burton Stonnington
Adrian Wood
Kay & Burton Stonnington
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Property Details for 1 Hedgeley Ave, Malvern East

1 Hedgeley Ave, Malvern East is a 5 bedroom, 3 bathroom House and was built in 1921. The property has a land size of 1254m2 and floor size of 311m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 5 bedroom House sold in Malvern East in the last 12 months.

Building Type
House
Year Built
1921
Floor Size
311m2
Land Size
1254m2
Local Government
Stonnington
Lot/Plan
119/LP5633

Last Listing description (January 2024)

A substantial land holding of 1,254 sqm (approx.) in one of the area's most desirable avenues, alongside the much-loved Hedgeley Dene Gardens offering an abundance of options..

The home's 20.8 metre wide (approx.) frontage and deep north-west facing rear aspect offer the luxury of choice - whether to renovate the existing home, build a luxurious contemporary masterpiece or develop the site with multiple townhouses (STCA). Concept plans/drawing available upon request.
The original home, built in 1921, offers substantial living zones with five-bedroom accommodation in fairly original yet liveable condition opening to the immense private back garden with swimming pool, carport, garage and storeroom.

While waiting for permits and approvals families can enjoy quiet, convenient living close to quality schools including Lloyd St Primary, St Mary's Primary, Korowa Anglican Girls' School, Sacre Coeur and Caulfield Grammar Junior School, local shops and cafes, the delights of Hedgeley Dene Gardens, Central Park Gardens, Darling train station and Gardiners Creek bike paths

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Property History for 1 Hedgeley Ave, Malvern East, VIC 3145

A timeline of how this property has performed in the market
Last Sold
$3,800,000
29 Nov 2023
  • 29 Nov 2023
    Sold for $3,800,000
  • 09 Aug 2023
    Listed for Sale Sold: Undisclosed
  • 06 Nov 2021
    Sold for $4,510,000
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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 12,619 properties. Over the last 5 years, Houses in Malvern East have seen a 17.83% increase in median value, while Units have seen a 4.48% increase. As at 31 July 2024:

  • The median value for Houses in Malvern East is $2,159,190 while the median value for Units is $662,277.
  • Houses have a median rent of $800 while Units have a median rent of $495.
There are currently 50 properties listed for sale, and 23 properties listed for rent in Malvern east on OnTheHouse. According to CoreLogic's data, 440 properties were sold in the past 12 months in Malvern east.

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