Back 5/23 Raleigh Street
Off Market

5/23 Raleigh Street

Malvern VIC 3144

2
1
1
Apartment
Last sold for $632,500
Lauchlan WaterfieldLauchlan Waterfield, last sold this property on 31 May 2021 after 19 days on market.

Overview

Esteemed Avalon Apartment Living In Quiet Cul-de-sac

Refined, quiet and filled with natural light, this elevated north-facing two bedroom apartment with a balcony and garage is an esteemed introduction into a Malvern lifestyle. Perfect for first home buyers or downsizers, the light-filled and private interiors offer contemporary living within a spacious and well-defined footprint. Northern light fills the separated living and dining zones that are scaled to comfortably host guests, while the sheltered undercover balcony provides the perfect spot to soak up the sunshine. Stone benchtops, breakfast bar and quality stainless steel appliances including a dishwasher feature in the capable kitchen. The two double bedrooms, each with mirrored built-in robes and bright leafy outlooks, further enhance the comfortable accommodation alongside a spacious bathroom with laundry facilities and separate toilet. Enjoying a quiet cul-de-sac setting, this contemporary abode harmoniously balances privacy and convenience in a premium Malvern location close to Milton Gray Reserve, city trams, Malvern station, Glenferrie Road's cafes and shops, Cabrini Hospital, Malvern Primary School, Monash University Caulfield and Caulfield Park.

Features

2 bedrooms
1 bathroom
1 carspace
1 carport space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Malvern over the last 12 months, the estimated median property value of 5/23 Raleigh Street is $670k.

Median value
$670k
Estimated value range
$520k - $1.27m
Median days on market
25
Estimated value trend
6%
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 5/23 Raleigh Street

2024
Rented
Undisclosed
Leased on 22 Nov 2024 by McGrath South Yarra
2024
Rented
Undisclosed
Leased on 17 Oct 2024 by McGrath South Yarra
2021
Sold
$632,500
Sold Before Auction on 31 May 2021 by Lauchlan Waterfield, of Belle Property Armadale

Happy sellers in Malvern

91%
91% 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 11 reviews in Malvern over the last 12 months.

Local market activity for 2 bedroom apartments in Malvern

In the last 12 months, 48 two-bedroom apartments similar to 5/23 Raleigh Street, have been sold.

This represents a 41% increase in two-bedroom apartments sales when compared to the previous 12 months.

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