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641 Waverley Road, Malvern East$2.70m
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641 Waverley Road

Malvern East, VIC 3145, Australia
$2.60m – $2.80m
3 bed 1 bath 2 car1128 m²

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About this property

Inspection by Appointment Positioned in one of Malvern East's most connected and sought-after pockets, 641 Waverley Road presents an exceptional opportunity for developers and investors alike. With approved planning permits already in place for the construction of 10 striking terrace townhouses, this is a ready-to-go project that combines architectural excellence with strong market appeal. The approved plan showcases a bold, contemporary design, featuring clean lines, sophisticated façades and thoughtfully designed floorplans tailored for modern living. Each residence has been carefully considered to maximise space, natural light and lifestyle functionality-perfectly suited to meet the growing demand for high-quality, low-maintenance homes in this thriving locale. Location is a standout advantage, offering immediate access to public transport including Holmesglen Train Station and nearby bus routes, as well as abundant shopping and dining options, Harvey Norman, Officeworks, Chadstone Shopping Centre, Holmesglen TAFE, and Malvern Valley Golf Course all within easy reach. The close proximity to transport, retail, education, parklands, and recreation, along with local cafés, supermarkets, and everyday essentials, ensures this property is exceptionally well-positioned for convenience, lifestyle, and strong investment appeal. Set within a well-established and high-growth area, this is a rare chance to capitalise on an approved, design-led project in a blue-chip suburb with proven buyer demand. Key Highlights: Approved planning permit for 10 terrace townhouses Architecturally designed contemporary residences Prime Malvern East location with excellent connectivity Close to Chadstone Shopping Centre, transport, schools and parks Strong appeal to owner-occupiers and investors Terms: 10% deposit, balance 30/60/90 days PLEASE NOTE: Open for inspection times and property availability is subject to change or cancellation without notice Follow us on Facebook: https://www.facebook.com/janssenandco

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
1128 m²
Listed
2 months ago

Repayment calculator

$13,089/month
$6,545 /fortnight
Loan $2,160,000 at 6.10% over 30 years

Upfront costs

Deposit$540,000
Stamp duty$155,500
Conveyancing (est.)$2,000
Total upfront$697,500
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 3-bedroom house in Malvern East, VIC 3145 sits within reach of public transport, local shops and nearby schools. It is listed 157% above the $1.05m median of 64 comparable houseswithin 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

  • Middle Road (bus)948 m away
  • Liquorland866 m away
  • Peverill Park224 m away
  • Unnamed364 m away
  • Unnamed497 m 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 · House 3 bed

Compound growth -0.9% / yr over 4 yrs

$1.70mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Malvern East market

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Price history

Price history

Listing price changes

1 price change recorded for this property

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