620 Warrigal RoadMalvern East VIC 3145
Property Details for 620 Warrigal Rd, Malvern East
620 Warrigal Rd, Malvern East is a 7 bedroom, 4 bathroom House with 1 parking spaces. The property has a land size of 609m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 7 bedroom House sold in Malvern East in the last 12 months.
Last Listing description (July 2024)
Discover the potential of this exceptional property located at 620 Warrigal Road, Malvern East. This registered and licensed rooming house offers a high rental income, making it an ideal development and investment opportunity.
Key Features:
•Residence Growth Zone: Situated on a corner plot, this property is ideal for development into terrace townhouses (Subject to Council Approval).
•Split System AC/Heating in each room and central ducted Heating: Ensuring comfort all year round.
•Disabled Access Bathroom: Thoughtfully designed to cater to all needs with accessibility in mind.
Location Highlights:
•Walking Distance to Holmesglen Station: Easy access to public transport for convenient commuting.
•Nearby Chadstone Shopping Centre: A premier shopping destination just minutes away.
•Close to Monash Freeway: Quick and easy access to major roads.
•Proximity to Peverill Park and Gardiners Creek Trail: Enjoy nature and outdoor activities with these nearby green spaces.
•Markham Reserve: Another fantastic park nearby, perfect for leisure and recreation.
•Malvern Valley Public Golf Course: A great spot for golf enthusiasts just around the corner.
Don't miss this unique opportunity to secure a property with excellent rental potential and significant development prospects in a prime location. Contact us today to arrange a viewing!
Photo ID required for all open inspection.
Property History for 620 Warrigal Rd, Malvern East, VIC 3145
- 18 Jul 2024Sold
- 06 Jun 2024Listed for Sale SOLD by Ray White Burwood
- 15 Jul 2000Sold for $245,000
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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 12,618 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:
- The median value for Houses in Malvern East is $2,267,143 while the median value for Units is $658,303.
- Houses have a median rent of $780 while Units have a median rent of $500.
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