Back 54/1501 Malvern Rd
Off Market

54/1501 Malvern Rd

Glen Iris VIC 3146

1
1
2
Apartment
Last sold for $340,000
Talisa ParisTalisa Paris, last sold this property on 22 June 2024 after 67 days on market.

Overview

Stylish sanctuary with 2 designated basement car spaces!

Designed to allure discerning investors and young urban dwellers alike, this one bedroom, one bathroom apartment resides in the lively heart of Malvern Village's cafe and retail hub. Step inside to experience the secure and modern atmosphere that permeates the living/dining area, featuring a sleek kitchen equipped with premium stainless steel appliances and opening onto a sunlit balcony perfect for your morning indulgences. Both owner-occupiers and investors will appreciate the added comfort provided by the split system heating/AC and a very rare two designated basement car spaces and storage cage. Commuting is effortless with tram access to Glenferrie Road, Prahran and the CBD. Enjoy leisurely strolls to the Harold Holt Swim Centre, nearby parklands, esteemed primary/secondary schools and the train station, and close to the Monash Freeway and Stockland Tooronga Shopping Centre. To arrange a time to inspect this property, click Book an Inspection Time or Email Agent to access our online booking system. By registering, you will be INSTANTLY informed of any updates, changes, or cancellations for your appointment. Whilst we endeavour to represent this property information to the best of our knowledge and have no reason to doubt any inaccuracy, this information has been provided to us by the property owner and we therefore accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in any information. We encourage buyers to make their own enquiries and refer you to the due diligence checklist provided by Consumer Affairs for further information: http://www.consumer.vic.gov.au/duediligencechecklist

Features

1 bedroom
1 bathroom
2 carspaces
2 garage spaces
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Glen Iris over the last 12 months, the estimated median property value of 54/1501 Malvern Rd is $346k.

Median value
$346k
Estimated value range
$275k - $455k
Median days on market
23
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Glen Iris. 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 54/1501 Malvern Rd

2024
Sold
$340,000
22 Jun 2024 by Talisa Paris, of MRE
2017
Rented
Undisclosed
Leased on 04 Dec 2017 by Jellis Craig Monash

Happy sellers in Glen Iris

87%
87% of sellers in Glen Iris reported that their sale price either exceeded or met their price expectations.

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

This is based on voluntary sentiment collected from 32 reviews in Glen Iris over the last 12 months.

Local market activity for 1 bedroom apartments in Glen Iris

In the last 12 months, 41 one-bedroom apartments similar to 54/1501 Malvern Rd, have been sold.

This represents a 2% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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