Unit 1, 298 GLENFERRIE ROAD Malvern VIC 3144
This property is Off Market
- The Average property price in this area is $2,374,973, this is based on recent transactions.
- Internet speed Download 1000 Mbps / Upload 400 Mbps
- Distance to the coast 5.09 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Malvern - Glen Iris
With an average age of 48, households expect an average monthly mortgage payment of $3,750 or a weekly rent payment of $700. The average family earns a weekly income of $4,868 with a typical household size of 2.5 and a 99.64% employment rate.
Consistent high demand relative to supply is a key feature in Malvern driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Malvern ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Malvern classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Malvern necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Public Transport
Stop 44: Glenferrie Road
Stop 57: High Street
Stop 45: De La Salle College
Stop 45: De La Salle College
Stop 46: Fraser Street
Stop 46: Fraser Street
Stop 47: Dixon Street
Stop 47: Dixon Street
Stop 45: Elizabeth Street
Stop 45: Elizabeth Street
General Points of Interest
Green Acres Golf Club
Trinity College
Como Centre
Admiral Creswell Memorial
William C.F. Almeida
Melbourne Cricket Ground
Olympia Gymnasium
Centenary Bridge Pillar
Boroondara Tennis Centre
Malvern Valley Public Golf Course
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 1785 asthma sufferers and 680 people living with diabetes. In addition, 857 people have a heart/vascular condition and 1212 people live with three or more chronic diseases.A good place to invest in property?
Malvern - Glen Iris a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
84 / 100
52 / 100
Industry
53 / 100
17 / 100
Population
32 / 100
32 / 100
House Prices
85 / 100
70 / 100
Jobs
60 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
-
School CatchmentsAuburn High School Malvern Central School
-
Loreto Mandeville Hall
Toorak, VIC, 3142 Independent Prep-12 -
Lauriston Girls' School
Armadale, VIC, 3143 Independent Prep-12 -
Malvern Central School
Malvern, VIC, 3144 State Prep-6 -
De La Salle College
Malvern, VIC, 3144 Independent 5-12
Property Story
Unit 1, 298 Glenferrie Road, Malvern, Vic, 3144 is a residential property . The estimated distance to the sea is 5.09km and at least 2.34KM to vegatation considered to be a factor in bushfire risk.Local Developments
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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