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Back 203/60 Waverley Rd
Off Market

203/60 Waverley Rd

Malvern East VIC 3145

1
1
0 ac.
Apartment
Last sold for $130,000
Zeno KobicaZeno Kobica, last sold this property on 06 August 2025 after 16 days on market.

Overview

Larger-Than-Average Student Studio – Vacant or Ready to Rent!

Positioned in the vibrant heart of Malvern East, this spacious 1-bedroom studio-style apartment presents an outstanding opportunity for astute investors looking to enter or expand in the student accommodation market. Unlike many student units, this well-proportioned studio is large enough to comfortably accommodate a double bed, offering a more desirable and functional layout for students seeking extra comfort and space. Furnished and well-maintained, it features: - A modern kitchen with ample storage - An open-plan living/bedroom area with large windows - Tidy bathroom with all essentials - Secure building with common facilities including laundry and communal areas - Resident-only parking to rent - Wi-Fi rates to cater to the digital needs of students Currently vacant and ready to occupy, this property offers flexibility for investors needing a quick settlement to move in a new tenant immediately. Alternatively, enjoy peace of mind with an estimated rental return of $365–$385 per week, generating strong passive income from day one. The student accommodation sector continues to flourish, fuelled by a sustained influx of both domestic and international students. With Australian universities regaining full enrolment strength and on-campus learning reinstated, demand for well-located student housing is growing rapidly—particularly in prime locations near transport and tertiary institutions like this one. Purpose-built, well-managed student accommodation such as this is becoming increasingly sought after by savvy investors looking for reliable, long-term returns. Located just moments from Monash University (Caulfield Campus), train and tram lines, local shops and cafes, the property enjoys consistent demand from local and international students. Outgoings (approx.): - Council Rates: $129/qtr* - Water: $191/qtr* - Owners Corp: $805/qtr* (*Buyers should confirm figures via Section 32 documentation) Whether you’re seeking an affordable foothold in a blue-chip suburb or a high-yield set-and-forget investment, this one ticks the boxes. Contact us today for further details or to arrange a private inspection.

Features

1 bedroom
1 bathroom
0 ac. lot size
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 203/60 Waverley Rd 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 203/60 Waverley Rd

2025
Sold
$130,000
06 Aug 2025 by Zeno Kobica, of Viva Property
2019
Sold
Undisclosed
Sold Before Auction on 04 Apr 2019 by Peter See, of Ray White Judd White Group

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 203/60 Waverley Rd, 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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