1/328 Malvern Road

Off Market

1/328 Malvern Road

Prahran VIC 3181

Apartment

Last sold for $711,000

Lauchlan Waterfield, last sold this property on 10 September 2025 after 35 days on market.

Overview

A Whole-Floor Sanctuary in the Heart of Hawksburn

Expressions of Interest Closing Tuesday 26th August at 1.00pm. Hidden behind a bold architectural facade and occupying the entire first floor of an exclusive two-residence building, this immaculate apartment is more than a home, it's a statement of lifestyle, privacy, and prestige. With no body corporate and direct private access, it offers a rare sense of independence in one of Melbourne's most sought-after lifestyle precincts. From the moment you step inside, the sense of space and sophistication is undeniable. An expansive, north-facing open plan living and dining zone welcomes you with abundant natural light and effortless indoor-outdoor flow to a generously curved terrace, perfectly sized for entertaining, morning coffee rituals, or relaxed evening meals in the open air. The kitchen is as functional as it is beautiful, appointed with Bosch appliances, stone benchtops, a breakfast bar, and a walk-in pantry that makes cooking and entertaining a joy. Two double bedrooms, each with built-in robes, are served by a stylish main bathroom with a separate bath and shower. A light-filled study adds flexibility to the layout, ideal for working from home or creative pursuits. Additional comforts include timber flooring, reverse-cycle heating and cooling, powder room, separate laundry, video intercom security and a private stairwell entry that reinforces the feeling of elevated exclusivity. There's also plenty of storage available in two separate (one large) storage rooms. Tucked just metres from Hawksburn Village, you're perfectly positioned to enjoy a morning swim at the Prahran Aquatic Centre, pick up produce from Prahran Market, catch a train at Hawksburn Station, or wander down Malvern Road for brunch. This is refined inner-city living at its most effortless. It's the perfect offering for the buyer who values style, serenity, and an unbeatable address.

Features

2 bedrooms

1 bathroom

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Prahran over the last 12 months, the estimated median property value of 1/328 Malvern Road is $626.2k.

Median value

$626.2k

Estimated value range

$455k - $1.12m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Prahran. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/328 Malvern Road

2025

Sold

$711,000

Private Sale/Treaty on 10 Sep 2025 by Lauchlan Waterfield, of Belle Property Armadale

2023

Rented

Undisclosed

Leased on 29 Nov 2023 by Wood Property

2022

Sold

$810,000

29 Sep 2022 by Leon Gouzenfiter, of Gary Peer & Associates- St Kilda

Happy sellers in Prahran

75%

75% of sellers in Prahran reported that their sale price either exceeded or met their price expectations.

Prahran stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 35 reviews in Prahran over the last 12 months.

Local market activity for 2 bedroom apartments in Prahran

In the last 12 months, 135 two-bedroom apartments similar to 1/328 Malvern Road, have been sold.

This represents a 25% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Prahran for a free market appraisal.

Lauchlan Waterfield

at Belle Property Armadale

4.9

(582 reviews)

Get a free market appraisal

James Annett

at Belle Property Armadale

4.9

(204 reviews)

Get a free market appraisal

Alex Wright

at MRE

(20 reviews)

Get a free market appraisal

Walter Summons

at Belle Property Armadale

4.9

(274 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Prahran

Lauchlan Waterfield

Lauchlan Waterfield is an award winning recommended agent for Prahran. They have 36 local sales and collected 17 local reviews across the last 12 months.