SOLD
Sold on 01 Mar 2024 for $410,000

2/141 Waverley Road
Malvern East VIC 3145

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 1040m2
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Property Details for 2/141 Waverley Rd, Malvern East

Building Type
Commercial
Year Built
2003
Land Size
1040m2
Local Government
Stonnington
Lot/Plan
119/PS513491

Last Listing description (November 2023)

The Property
* 50 sqm multi-functional retail space
* Commercial 1 zone

* Available for Sale or Lease with favourable terms
* Classy glass frontage
* Herringbone timber flooring provides style and elegance
* An inviting entry plus 2 enclosed offices and storage room
* Internal sink/kitchenette
* External shared bathrooms
* Suits Beauty, photography, or similar service business

The Location and Further Info
* Ground floor to "Campus walk 2" a Student Housing Australia precinct
* 450m from Monash University
* Surrounded by Food operators such as Gujju's Cafe, Mae, & L'Olivo
* Nearby national retailers include McDonalds, Subway, IGA, and Camp Australia
* Caulfield Train station 500m away
* 1.2km from Caulfield Racecourse and the Melbourne Racing Club

Property History for 2/141 Waverley Rd, Malvern East, VIC 3145

A timeline of how this property has performed in the market
Last Sold
$410,000
01 Mar 2024
Listed for Rent
$23k/w
21 Nov 2023
  • 01 Mar 2024
    Sold for $410,000
  • 07 Nov 2023
    Listed for Rent - Price not available
  • 07 Nov 2023
    Listed for Rent $23,000 / 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 12,617 properties. Over the last 5 years, Houses in Malvern East have seen a 9.32% increase in median value, while Units have seen a -4.80% decrease. As at 31 August 2024:

  • The median value for Houses in Malvern East is $2,114,730 while the median value for Units is $643,028.
  • Houses have a median rent of $795 while Units have a median rent of $500.
There are currently 46 properties listed for sale, and 23 properties listed for rent in Malvern east on OnTheHouse. According to CoreLogic's data, 444 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.