OFF MARKET

609/881 Dandenong Road
Malvern East VIC 3145

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 74m2
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Property Details for 609/881 Dandenong Rd, Malvern East

609/881 Dandenong Rd, Malvern East is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
Unit
Year Built
2016
Floor Size
74m2
Local Government
Stonnington
Lot/Plan
609/PS714689

Last Listing description (August 2023)

Discover the epitome of modern luxury living in the prestigious Gascoigne Estate, Malvern East. Just 10 km from the CBD, this prime location offers the perfect blend of convenience and tranquillity. With Caulfield Station, tram stops, Caulfield Shopping Canter, and an array of amenities at your doorstep, this is a rare opportunity to secure a highly desirable 2-bedroom apartment.
Perched on level 6, this apartment offers a stunning view overlooking the iconic Caulfield Racecourse. The thoughtfully designed floor plan provides generously sized bedrooms and a spacious living area, ensuring comfort and functionality. Large windows fill the space with natural light, creating a bright and inviting atmosphere that you'll love coming home to.

The well-appointed kitchen boasts high-quality SMEG appliances, including a gas cooktop and integrated dishwasher. Whether you're a seasoned chef or simply enjoy preparing meals, this kitchen will exceed your expectations. It's the perfect space to unleash your culinary creativity and entertain family and friends with ease.

The apartment includes one secure car space, providing convenience and peace of mind. Additionally, living in the Gascoigne Estate offers a host of amenities, including nearby restaurants, shops, and other lifestyle conveniences, ensuring a comfortable and enjoyable living experience.
Currently tenanted until April 2024, this apartment presents an excellent investment opportunity. Benefit from a reliable rental income while taking advantage of the potential long-term capital growth in this highly sought-after location.
The vendor is exceptionally motivated and seeks an urgent sale, making this a rare chance to secure the best deal in the Gascoigne Estate. Act swiftly to seize this opportunity and secure your place in this highly desirable location.

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Property History for 609/881 Dandenong Rd, Malvern East, VIC 3145

A timeline of how this property has performed in the market
Last Sold
$462,000
26 Jul 2023
Listed for Rent
$550/w
23 Mar 2023
  • 26 Jul 2023
    Sold for $462,000
  • 10 Jul 2023
    Listed for Sale $460,000 - $490,000
  • 23 Mar 2023
    Listed for Rent $550 / 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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