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.
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 12,622 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:
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