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Back 2 & 3/949 Dandenong Road
Off Market

2 & 3/949 Dandenong Road

Malvern East VIC 3145

1
1
Apartment
Last sold for $140,000
Ahmad KlankAhmad Klank, last sold this property on 12 February 2026 after 118 days on market.

Overview

Prime Investment Opportunity Opposite Monash University Over 14% Rental Yield.

Positioned directly opposite Monash University's Caulfield Campus, this purpose-built student accommodation at 949 Dandenong Road, Malvern East, presents an exceptional opportunity for investors seeking strong, consistent rental returns in a tightly held education precinct. This modern, low-maintenance studio apartment is located within a secure complex known for high student demand. With limited stock and proximity to world-class education, this property offers a dependable investment with historically low vacancy rates. Key Investment Features: Strategic Location: Walk to Monash University Caulfield, Caulfield Station, trams, and retail hubs. Strong Rental Demand: Popular with local and international students ideal for long-term tenancy stability. Secure Building: Keycard access, CCTV, communal lounge & laundry facilities. Low Outgoings: Gas included, affordable body corporate, and strong rental yields. Investor-Only Building: Exclusively for full-time tertiary students no owner-occupier restrictions. Whether you're looking to expand your portfolio or enter the market with a hassle-free, income-generating property, this is a smart, proven performer in one of Melbourne's top educational corridors. Rental Appraisal: $395 $415 per week Inspections by appointment only.

Features

1 bedroom
1 bathroom
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 2 & 3/949 Dandenong Road is $322k.

Median value
$322k
Estimated value range
$96k - $475k
Median days on market
26
Estimated value trend
8%
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 2 & 3/949 Dandenong Road

2026
Sold
$140,000
Private Sale/Treaty on 12 Feb 2026 by Ahmad Klank, of Bow Residential

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 31 reviews in Malvern East over the last 12 months.

Local market activity for 1 bedroom apartments in Malvern East

In the last 12 months, 45 one-bedroom apartments similar to 2 & 3/949 Dandenong Road, have been sold.

This represents a 20% 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

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Adam Pavlou

Sellers who recommend Adam Pavlou have praised them for being clear communication, hard-working, honest, local expert and responsive

  •   5   (15 reviews)
  •  7 Reviews in Malvern East
  •  8 Sales in Malvern East
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Alex Voronin

Alex Voronin is an award winning recommended agent for Malvern East.  They have 8 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (116 reviews)
  •  4 Reviews in Malvern East
  •  8 Sales in Malvern East
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Michael Rosano

Michael Rosano is a recommended agent for Malvern East.  They have 3 local sales and collected 3 local reviews across the last 12 months.

  •   4.8   (163 reviews)
  •  3 Reviews in Malvern East
  •  3 Sales in Malvern East
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Steve Burke

Sellers who recommend Steve Burke have praised them for being clear communication, local expert, supportive, honest, hard-working, responsive and reliable

  •   4.9   (317 reviews)
  •  4 Reviews in Malvern East
  •  5 Sales in Malvern East
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