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Sold on 23 Oct 2024 - Price Unavailable

122/75 Darling Road
Malvern East VIC 3145

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 122/75 Darling Rd, Malvern East

122/75 Darling Rd, Malvern East is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 1 bedroom Apartment sold in Malvern East in the last 12 months.

Building Type
Apartment
Local Government
Stonnington
Lot/Plan
122/PS533074

Last Listing description (October 2024)

Seize the opportunity to secure a high-demand student accommodation unit in the vibrant suburb of Malvern East. Perfectly suited for both investors and parents planning ahead for their university-bound children, this spacious and well-designed studio apartment offers comfort, convenience, and solid returns in a prime location.

Currently rented at approximately $295/week until January 2025, with rental growth anticipated to increase to around $325/week upon lease renewal, this property is a standout investment in Melbourne’s competitive student accommodation market.

Apartment Features:

- Generous Study Area:
A large built-in study desk with shelving makes this unit ideal for students, providing a practical and inspiring workspace.

- Modern Galley Kitchen:
Complete with a gas cooktop, microwave, and bar fridge, the kitchenette is perfect for quick and easy meal preparation.

- Spacious Layout:
The open-plan design incorporates living, sleeping, and study spaces, creating a comfortable environment for both relaxation and productivity.

- Secure Living:
Residents benefit from secure access, a communal laundry, and bike storage for added convenience and car spaces available to rent at discounted rates for residents.

Location Benefits:
Located just a 10 to 15-minute walk from Monash University’s Caulfield campus, with tram and bus stops at your doorstep, this apartment offers exceptional access to transport, shopping, and dining options along Waverley and Dandenong Roads. The nearby Chadstone Shopping Centre and local shops ensure that all amenities are within easy reach.

With rental demand on the rise, this is an exceptional opportunity to capitalise on the growing student accommodation sector. Don’t miss out- contact us today to arrange an inspection and secure this fantastic investment.

NOTE - images show staged furniture as indicated for advertising purposes only.

Property History for 122/75 Darling Rd, Malvern East, VIC 3145

A timeline of how this property has performed in the market
Last Sold
23 Oct 2024
Listed for Rent
$255/w
07 Jan 2019
  • 23 Oct 2024
    Sold
  • 11 Oct 2024
    Listed for Sale UNDER OFFER
  • 07 Jan 2019
    Listed for Rent $255 / 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 12,559 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 46 properties listed for sale, and 28 properties listed for rent in Malvern east on OnTheHouse. According to CoreLogic's data, 449 properties were sold in the past 12 months in Malvern east.

Suburb Insights for Malvern East 3145

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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.