Back 1/949 Dandenong Road
Off Market

1/949 Dandenong Road

Malvern East VIC 3145

1
1
1
Apartment
Louis LinLouis Lin, last sold this property on 19 March 2026 after 2 days on market.

Overview

High-Yield, Set-and-Forget Investment in a Prime Student Precinct

An outstanding set-and-forget investment opportunity positioned in a highly sought-after location, delivering strong returns with minimal effort. This bright and generously proportioned one-bedroom apartment is an ideal addition to any investment portfolio and is particularly well-suited to self-managed super fund (SMSF) buyers seeking reliable income from day one. The apartment is beautifully presented and thoughtfully designed. The modern kitchen features a gas cooktop, microwave, and sleek cabinetry, while the bathroom is finished with contemporary fittings. The open-plan living area flows seamlessly onto a private yard, providing ample space for outdoor furniture and relaxation. Residents enjoy access to a shared common room, communal laundry facilities, and the building offers secure entry with CCTV surveillance, along with optional Wi-Fi services. The inclusion of a dedicated secure car space further enhances the property’s appeal, adding flexibility and long-term rental demand. Located in a well-connected and highly convenient pocket, the property is within walking distance (under 5 minutes) to Monash University (Caulfield campus), Caulfield Towncentre, an array of cafes and dining options, and Caulfield Train Station—making it particularly attractive to students and long-term tenants alike. Key Features: - Potential rental return: $20,800 per annum ($1,733.33 per calendar month) - High-yield, hassle-free investment - Secure building with CCTV - Excellent proximity to university, transport, and amenities - Strong tenant demand in a proven location This is a solid, low-maintenance investment offering immediate income and long-term appeal. Inspection is a must—enquire today.

Features

1 bedroom
1 bathroom
1 carspace
1 carport space
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Malvern East over the last 12 months, the estimated median property value of 1/949 Dandenong Road is $326k.

Median value
$326k
Estimated value range
$96k - $482.5k
Median days on market
25
Estimated value trend
9%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Malvern East. 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 1/949 Dandenong Road

2026
Sold
Undisclosed
19 Mar 2026 by Louis Lin, of AUV Real Estate

Happy sellers in Malvern East

88%
88% of sellers in Malvern East reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 32 reviews in Malvern East over the last 12 months.

Local market activity for 1 bedroom apartments in Malvern East

In the last 12 months, 44 one-bedroom apartments similar to 1/949 Dandenong Road, have been sold.

This represents a 19% increase in one-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent