SoldFeb 12, 2026

2 & 3/949 Dandenong Road, Malvern East, VIC, 3145

$140,000

1
1

Apartment

30+ days on the market

Sold: Feb 12, 2026

What's around 2 & 3/949 Dandenong Road

Prime Investment Opportunity Opposite Monash University Over 14% Rental Yield.

Positioned directly opposite Monash University's Caulfield Campus, this purpose-built student accommodation at 949 Dandenong Road, Malvern East, presents an exceptional opportunity for investors seeking strong, consistent rental returns in a tightly held education precinct. This modern, low-maintenance studio apartment is located within a secure complex known for high student demand. With limited stock and proximity to world-class education, this property offers a dependable investment with historically low vacancy rates. Key Investment Features: Strategic Location: Walk to Monash University Caulfield, Caulfield Station, trams, and retail hubs. Strong Rental Demand: Popular with local and international students ideal for long-term tenancy stability. Secure Building: Keycard access, CCTV, communal lounge & laundry facilities. Low Outgoings: Gas included, affordable body corporate, and strong rental yields. Investor-Only Building: Exclusively for full-time tertiary students no owner-occupier restrictions. Whether you're looking to expand your portfolio or enter the market with a hassle-free, income-generating property, this is a smart, proven performer in one of Melbourne's top educational corridors. Rental Appraisal: $395 $415 per week Inspections by appointment only.

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