Median House Price Malvern East: $1,788,500
Median House Rent Malvern East: $628 per week
Median Unit Price Malvern East: $588,350
Median Unit Rent Malvern East: $420 per week
The lifestyles and people of Malvern East:
Located just a 25 minute drive south-east of the CBD, Malvern East is a gorgeous suburb with plenty of character, and all within driving distance of the busy city centre. Here are a few facts about Malvern East to help you decide if this suburb is right for you.
Who doesn’t like a little bit of retail therapy? Splashing some cash around can be a serious stress-reliever, and the availability of the latest fashion and technology can be a real boon for the locals. Luckily, the residents of Malvern East have one of the largest shopping centres in the country available right on their doorstep: Chadstone Shopping Centre.
Boasting almost 500 stores, Chadstone is famous for having an enormous range of retailers, from food to clothes to electronics. It’s so large, in fact, that it offers a shuttle for shoppers! It doesn’t just stop there though; more development plans are set to be completed in 2017, the centrepiece of which will be a brand new 13-screen cinema, as well as more dining options, retailers and additional parking.
Malvern East has a host of gardens and parks – it’s a green suburb, and proud of it. But the crowning jewel has to be Central Park. Boasting one of the oldest conservatories in the state (that still has a traditional Edwardian garden), this park is almost 19 acres of beautiful greenery in the middle of the Melbourne sprawl.
Perfect for walking the dog, taking a stroll or letting the kids run around, Central Park and the rest of the natural places of Malvern East are sure to appeal to everyone from young families to retirees.
The parks aren’t just for a short walk, however. Central Park features a fitness track while its cousin Ardrie Park offers tennis courts. For the kids, Malvern East has an Auskick clinic that has been around since 1989, as well as the East Malvern Golf Club for all the budding putters out there.
Buying property in Malvern East
Does this sound like the right kind of neighbourhood for you? A strong sports community, loads of shopping facilities and a beautiful range of parks spell a brilliant suburb for young families or anyone who enjoys a wide range of amenities on their doorstep.
For more information on how you can get a hold of a property in Malvern East, speak to the experts at Ray White Carnegie and let us find the right property for you.
*Data source realestate.com.au