5/28 Ferncroft Ave, Malvern East is a 2 bedroom, 1 bathroom Unit and was built in 1950. The property has a land size of 1264m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Filled with natural light and surrounded by lush leafy gardens, this beautifully renovated, two bedroom apartment combines exceptional outdoor living with cool clean lines and a vogue sense of designer flair. A crisp white colour palate tastefully complements timber flooring in an up-lifting combination to suit everyone from first home buyers to savvy investors keen to gain a foothold in one of eastern Melbourne's most exclusive locales.
Up-dated with stone benches and evocative dark cabinetry, under attractive pendant lighting, the kitchen reveals a subway-tiled backdrop as it overlooks open-plan living with an easy connection to the home's north-facing balcony. Meanwhile, each of the bedrooms are each appointed with built-in robes and split system heating and cooling offer year-round comfort, while an undercover carport is an added bonus.
Within easy walking distance of both Hedgeley Dene Gardens and Central Park, there is plenty of local outdoor recreation, plus you have cafes on Wattletree Rd, trams along Wattletree Rd, city-bound trains from Darling Railway Station and shopping at Malvern Central 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 12,632 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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