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302/141 Waverley Road, Malvern East$143,000
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302/141 Waverley Road

Malvern East, VIC 3145, Australia
$141,000 – $145,000
1 bath

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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

Repayment calculator

$693/month
$347 /fortnight
Loan $114,400 at 6.10% over 30 years

Upfront costs

Deposit$28,600
Stamp duty$3,650
Conveyancing (est.)$2,000
Total upfront$34,250
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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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 84% below the $890,000 median of 69 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
  • Burberry3.0 km away
  • Urban Forest2.1 km away
  • Unnamed2.3 km away
  • Unnamed2.3 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

$630kcurrent median

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Price history

Price history

Listing price changes

1 price change recorded for this property

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