18 Eucalypt Avenue, Malvern East VIC 3145

Architect-designed townhouse | north-facing courtyard | premium finishes throughout | strong owner-occupier street This property offers a rare combination of architectural quality and low-maintenance living in a tightly held pocket of Malvern East. The collaboration between Conrad Architecture and SJB Interiors delivers a level of design and finish typically found in much higher-priced homes, while the north-facing bluestone courtyard and treetop balcony provide genuine indoor-outdoor appeal. For a buyer seeking a lock-and-leave residence with strong owner-occupier credentials on a street where 85% of residents own their homes, this unit sits in a favourable position relative to the suburb’s $2.15 million median house price. The property is best suited to downsizers, professionals, or investors targeting the premium end of the rental market, where the $740 weekly rent and 3.9% yield reflect solid demand. The flood overlay is a material consideration that may affect insurance premiums and requires due diligence, though it has not impacted the street’s strong ownership patterns. The property’s position on a 2.45-acre site with 21 other units means body corporate fees and shared land considerations are unavoidable, and buyers should verify sinking fund balances. On the opportunity side, the Glen Eira College catchment and proximity to Chadstone provide long-term demand drivers, while the FTTP connection adds practical value for remote workers. Hold this property as a quality home or a low-management rental in a suburb where stock turnover remains constrained.