SOLD
Sold on 21 Apr 2024 for $495,000

5/3 Steele Street
Malvern East VIC 3145

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 62m2
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Sold By
Jellis Craig Stonnington
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Property Details for 5/3 Steele St, Malvern East

5/3 Steele St, Malvern East is a 2 bedroom, 1 bathroom Unit and was built in 1960. The property has a floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Malvern East in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
62m2
Local Government
Stonnington
Lot/Plan
5/PS403496

Last Listing description (May 2024)

Expressions of Interest

With a functional layout and amenities catering to those who value convenience and security, this neat as a pin older style 1960s first floor apartment, 1 of only 6 invites a cosy, easy care lifestyle. Whether seeking a first step on the property ladder or a wealth investment. It offers gated security, comfortable living/dining area where senses are enhanced by an abundance of natural light. The kitchen is well presented and equipped with gas cooking appliances, and the convenience of a dishwasher is highly appreciated. Built in robes offer storage efficiency, the bathroom with laundry provisions adds practicality, and secure undercover parking is a valuable feature. Insulated from the summer heat by double brick walls, and air conditioning, enjoy individual room heaters providing comfort during the cooler months, and an urban lifestyle headlined by position within walking distance of Central Park, Hedgeley Dene Gardens, Waverley Road shops and services, Monash University, transport, and the Glen Iris' revered private schools.

Advocate in conjunction I Rob Millar 0414 330 179

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Property History for 5/3 Steele St, Malvern East, VIC 3145

A timeline of how this property has performed in the market
Last Sold
$495,000
21 Apr 2024
Listed for Rent
$365/w
31 Oct 2022
  • 21 Apr 2024
    Sold for $495,000
  • 26 Mar 2024
    Listed for Sale $480,000 - $520,000
  • 20 Oct 2022
    Listed for Rent $365 / 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 12,619 properties. Over the last 5 years, Houses in Malvern East have seen a 17.83% increase in median value, while Units have seen a 4.48% increase. As at 31 July 2024:

  • The median value for Houses in Malvern East is $2,159,190 while the median value for Units is $662,277.
  • Houses have a median rent of $800 while Units have a median rent of $495.
There are currently 50 properties listed for sale, and 23 properties listed for rent in Malvern east on OnTheHouse. According to CoreLogic's data, 440 properties were sold in the past 12 months in Malvern east.

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