487 Waverley Rd, Malvern East is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 812m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Malvern East in the last 12 months.
Enhanced by direct access to the Rialto West cul-de-sac allowing for genuine subdivision potential (STCA), the substantial 812sqm (approx.) of land, north-facing rear and dual street frontages of this solid-brick 3-bedroom home point to options galore for the enterprising investor, builder or developer. Updated interiors in the current dwelling enjoy a contemporary edge, with a light-filled living room taking in front garden aspects, a kitchen/meals (stone benchtops and gas appliances) preceding a rumpus/family room and an elevated sun-soaked terrace boasting a relaxing leafy outlook. All three bedrooms have built-in robes - the master adjoining a private ensuite, with both renovated bathrooms including heat lights (shower and tub in main). A single garage plus extra off-street parking, a separate laundry and solid timber floors round out a rare opportunity close to Sydare Ave Reserve, Urban Forest Reserve, Gardiners Creek Trail, East Malvern Station, local schools and Chadstone Shopping Centre.
This Liveability Score is a rating "out of 10" and a guide to how well connected properties within a local area are to facilities such as public transport, healthcare services, shopping outlets, schools and parkland. The scores apply to the local area (or "mesh block") in which a property is located. The scores are largely comprised of 2 main elements:
The overall Liveability Score is made up of smaller sub-scores, as described below.
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 12,705 properties. Over the last 5 years, Houses in Malvern East have seen a 7.81% increase in median value, while Units have seen a 1.30% increase. As at 28 February 2025:
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Population 21,713
0-9
11%
10-19
12%
20-29
19%
30-39
12%
40-49
14%
50-59
12%
60-69
9%
70-79
6%
80-89
3%
90-99
1%