302/141 Waverley Road
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About this property
302/141 Waverley Road, Malvern East, VIC, 3145 High-Yield Student Investment Steps from Monash Caulfield!.... 11% return Located only 400 meters from Monash University's Caulfield campus, this fully furnished, student-only studio offers an exceptional investment opportunity with a current rental yield of 11%. This high yielding investment is designed for both comfort and practicality, the apartment features a private bathroom, built-in wardrobe, study desk, bed with mattress, and a kitchen equipped with gas cooking. Residents benefit from secure entry, a communal lounge with table tennis, a balcony area with a gas BBQ, and a shared laundry. High-speed Wi-Fi is available at discounted student rates. Gas usage is included in the rental, enhancing the property's appeal. Located in vibrant Malvern East, the property is close to public transport, local shops, restaurant, and the famous Chadstone Shopping Centre. Features Include: * Currently 11% rental yield with lease until 16th January 2026 * Fully furnished student-only studio apartment * Private bathroom and built-in wardrobe * Kitchen with gas cooking * Study desk, chair, bed, and mattress included * Secure entry with communal lounge and BBQ area * Communal laundry facilities * High-speed Superloop Wi-Fi at student rates
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bathrooms
- 1
- Listed
- 3 months ago
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Neighbourhood
Living in Malvern East
This apartment in Malvern East, VIC 3145 sits within reach of public transport, local shops and nearby schools. It is listed 83% below the $850,000 median of 67 comparable apartmentswithin 5 km.
Schools near Malvern East
- The Currajong Schoolcombined · Prep-6 · Boys
- Lloyd Street Primary Schoolprimary · Prep-6 · CoEd
- Malvern Primary Schoolprimary · Prep-6 · CoEd
- Malvern Valley Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Stop 68: Koornang Road (tram) — 2.1 km away
- Burberry — 3.0 km away
- Urban Forest — 2.1 km away
- Unnamed — 2.3 km away
- Unnamed — 2.3 km away
Malvern East at a glance
Full suburb profile- Population
- 22,296
- Median age
- 38
- Household income
- $2,383/wk
- Median rent
- $421/wk
- Median mortgage
- $2,944/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Malvern East price trend
Median sold · Unit 2 bed
Compound growth -0.9% / yr over 4 yrs
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Full Malvern East marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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