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Unit 115,
1639 MALVERN ROAD Glen Iris VIC 3146

This property is Off Market

All about Glen Iris Homes for sale in Glen Iris

  • The Average property price in this area is $2,374,973, this is based on recent transactions.
  • Internet speed Download 100 Mbps / Upload 40 Mbps
  • Distance to the coast 7.08 km
  • Potential bushfire risk 0 / 10
  • Report as to subsidence
  • Potential Land Contamination risk
  • Powerlines within 200m 0
street view icon Street view
School Catchments

Property For Sale Nearby

Woodards UNIT 3, 1587 MALVERN RD, $320,000 - $350,000 1 Beds - 1 Baths - 1 Parking Within 0.3 km Harcourts UNIT 4, 1705 MALVERN RD, CONTACT AGENT 4 Beds - 2 Baths - 2 Parking Within 0.4 km Fletchers 23 RANFURLIE CR, For Sale $3,600,000 - $3,900,000 (Inspect By Appt Only) 5 Beds - 3 Baths - 2 Parking Within 0.6 km Belle Property UNIT 15, 1526 HIGH ST, $480,000 - $520,000 2 Beds - 1 Baths - 1 Parking Within 0.6 km Belle Property UNIT 4, 32 EDGAR ST, $540,000 - $590,000 2 Beds - 1 Baths - 1 Parking Within 0.7 km Belle Property UNIT 4, 44 EDGAR ST, For Sale - $500,000 2 Beds - 1 Baths - 1 Parking Within 0.7 km Fletchers UNIT 10, 70 EDGAR ST NORTH, For Sale $265,000 1 Beds - 1 Baths - 1 Parking Within 0.9 km Belle Property UNIT 8, 122-126 MILTON PDE, $750,000 - $825,000 2 Beds - 1 Baths - 1 Parking Within 0.9 km Fletchers 26 GARDINER PDE, Sold 4 Beds - 3 Baths - 4 Parking Within 1.0 km Belle Property UNIT 2, 443 BURKE RD, $700,000 - $750,000 2 Beds - 2 Baths - 2 Parking Within 1.0 km Fletchers 14 PEATE AV, For Sale $2,800,000 4 Beds - 3 Baths - 2 Parking Within 1.1 km Belle Property UNIT 5, 108 GLEN IRIS RD, $730,000 - $750,000 2 Beds - 2 Baths - 2 Parking Within 1.2 km Belle Property UNIT 503, 770B TOORAK RD, $360,000 - $380,000 1 Beds - 1 Baths - 1 Parking Within 1.2 km Woodards UNIT 505, 770C TOORAK RD, $525,000 - $575,000 2 Beds - 1 Baths - 1 Parking Within 1.2 km Belle Property UNIT 9, 35-43 HIGH ST, $750,000 - $800,000 2 Beds - 1 Baths - 2 Parking Within 1.3 km Belle Property 53A HIGH ST, $840,000 - $900,000 3 Beds - 2 Baths - 1 Parking Within 1.3 km Harcourts 5 BARINA RD, $2,900,000 - $3,090,000 4 Beds - 2 Baths - 1 Parking Within 1.4 km Fletchers UNIT 10, 55 GLEN IRIS RD, For Sale $1,059,000 2 Beds - 2 Baths - 1 Parking Within 1.5 km Ray White 5 COURANG RD, 3200000 4 Beds - 3 Baths - 4 Parking Within 1.6 km Fletchers UNIT 2, 14 STRAUGHAN ST, For Sale $2,950,000 6 Beds - 4 Baths - 3 Parking Within 2.3 km Belle Property 8A CHESTER ST, Offers Invited: $1.95m - $2.1m 4 Beds - 3 Baths - 2 Parking Within 3.6 km

Recently Sold Properties in this Area

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About Malvern - Glen Iris

With an average age of 43, households expect an average monthly mortgage payment of $2,802 or a weekly rent payment of $331. The average family earns a weekly income of $3,339 with a typical household size of 2.1 and a 97.13% employment rate.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. High average incomes in Glen Iris 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 Glen Iris 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. High density population in Glen Iris requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. 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

General Points of Interest

Population

(Country of Birth not stated 3%)

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

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

  • School Catchments
    Auburn High School Camberwell South Primary School

Property Story

Unit 115, 1639 Malvern Road, Glen Iris, Vic, 3146 is a residential property . The estimated distance to the sea is 7.08km and at least 3.38KM 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

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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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