493 Waverley Road

Off Market

493 Waverley Road

Malvern East VIC 3145

759 m²

House

Last sold for $1,250,000

Luke Piccolo, last sold this property on 20 September 2026 after 24 days on market.

Overview

Quiet Rear Access via The Rialto West & O. T. Flight Reserve

Brimming with original character and offering an exciting opportunity to renovate, enhance or completely reimagine, this classic residence presents generous proportions, a solid structure and enduring period appeal in a wonderfully convenient Malvern East setting. Behind its distinctive solid brick facade, the home reveals well-proportioned interiors enriched by timber floors. The generous living room provides an inviting place to relax, while the separate kitchen is functional and ready for a contemporary transformation. Accommodation comprises three well-sized bedrooms, complemented by a central bathroom retaining its retro character. Large windows capture natural light and leafy outlooks, while the lock-up garage and established surrounds add further practicality. Comfortable as it stands yet offering outstanding potential for the future, the property presents multiple possibilities. Renovate and restore the existing residence, undertake a substantial transformation, or explore the potential to knock down and rebuild, subject to the necessary council approvals. A right of way at the rear further enhances access and adds to the property's flexibility. Positioned close to Waverley Road amenities, local parks including the Urban Forest, schools and public transport, with Chadstone Shopping Centre and the wider Malvern East lifestyle all within easy reach, this is a character-filled property offering a rare opportunity to create something truly your own.

Features

3 bedrooms

2 bathrooms

4 carspaces

4 open car spaces

759 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Malvern East over the last 12 months, the estimated median property value of 493 Waverley Road is $1.55m.

Median value

$1.55m

Estimated value range

$925k - $3.09m

Median days on market

Estimated value trend

-7%

decrease 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 493 Waverley Road

2026

Sold

$1,250,000

20 Sep 2026 by Luke Piccolo, of Woodards South Yarra

Happy sellers in Malvern East

94%

94% 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 19 reviews in Malvern East over the last 12 months.

Local market activity for 3 bedroom houses in Malvern East

In the last 12 months, 57 three-bedroom houses similar to 493 Waverley Road, have been sold.

This represents a 46% increase in three-bedroom houses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

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

Adam Pavlou

at Ray White Ashburton

(24 reviews)

Get a free market appraisal

Steve Burke

at Belle Property Glen Iris

4.9

(317 reviews)

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Michael Rosano

at Jellis Craig - Sculpt Hawthorn

4.8

(163 reviews)

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Alex Voronin

at Fitch Partners

4.9

(116 reviews)

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Nearby agents

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

Adam Pavlou

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

5 (24 reviews)
14 Reviews in Malvern East
8 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