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Back 48 Elizabeth Street
Off Market

48 Elizabeth Street

Malvern VIC 3144

5
4
3
1310 m²
House
Rae ManoRae Mano, last sold this property on 28 March 2026 after 31 days on market.

Overview

Victorian Grandeur with Rare Future Freedom

Set behind a sweeping circular driveway and framed by established gardens, this distinguished Victorian residence unfolds across approximately 1,310 square metres of land, offering an increasingly rare combination of architectural presence, scale and freedom from heritage constraints. Beyond its solid brick façade, the home reveals a series of beautifully proportioned interiors where period elegance and family functionality coexist with ease. An arched central hallway introduces formal living and dining rooms of classic refinement, while expansive proportions throughout create an immediate sense of calm and permanence. At the heart of the home, light pours through vaulted conservatory-style ceilings, illuminating the meals area and gourmet kitchen. From here, generous living spaces extend seamlessly outdoors to a private, north-facing garden sanctuary complete with swimming pool and a separate bungalow incorporating a studio, den and mezzanine bedroom, ideal for guests, creatives or multigenerational living. Positioned to overlook the gardens, the main bedroom occupies its own level, offering a peaceful retreat with walk-in robe and ensuite. Additional accommodation is thoughtfully arranged across the ground floor, including multiple oversized bedrooms, ensuites and flexible living spaces that adapt effortlessly to growing or evolving family needs. Beautifully liveable as is, the property also presents exceptional long-term potential. With no heritage overlay and a substantial landholding, it invites future renovation or a new architectural vision, subject to council approval. A compelling offering in one of Malvern's most tightly held streets, this is a home that speaks not only to today, but to what the next chapter could become.

Features

5 bedrooms
4 bathrooms
3 carspaces
1310 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Malvern over the last 12 months, the estimated median property value of 48 Elizabeth Street is $4.2m.

Median value
$4.2m
Estimated value range
$4.2m - $4.2m
Median days on market
32
Estimated value trend
38%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Malvern. 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 48 Elizabeth Street

2026
Sold
Undisclosed
Private Sale/Treaty on 28 Mar 2026 by Rae Mano, of Kay & Burton Stonnington

Happy sellers in Malvern

93%
93% of sellers in Malvern reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 8 reviews in Malvern over the last 12 months.

Local market activity for 5 bedroom houses in Malvern

In the last 12 months, 11 five-bedroom houses similar to 48 Elizabeth Street, have been sold.

This represents a 38% increase in five-bedroom houses 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

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Charmayne Dulley

Charmayne Dulley is an award winning recommended agent for Malvern.  They have 10 local sales and collected 10 local reviews across the last 12 months.

  •   4.9   (68 reviews)
  •  10 Reviews in Malvern
  •  10 Sales in Malvern
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Walter Summons

Walter Summons is a recommended agent for Malvern.  They have 7 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (274 reviews)
  •  3 Reviews in Malvern
  •  7 Sales in Malvern
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Lauchlan Waterfield

Lauchlan Waterfield is an award winning recommended agent for Malvern.  They have 6 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (582 reviews)
  •  3 Reviews in Malvern
  •  6 Sales in Malvern
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Daniel Atsis, George Mitry

Daniel Atsis, George Mitry is a recommended agent for Malvern.  They have collected 2 local reviews across the last 12 months.

  •  2 Reviews in Malvern
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