2/2 Oravel Avenue, Malvern East VIC 3145

Quiet rear position | 4-bed standalone townhouse | north-facing covered deck | flood and heritage overlays flagged This property offers a genuinely rare configuration for Malvern East,a single-level, four-bedroom standalone townhouse on its own title, built in 2020 and positioned at the rear of a boutique enclave. The north-facing covered deck and landscaped garden extend the living space year-round, which matters in a market where outdoor amenity is increasingly valued. The two-car garage with studio potential adds flexibility that competing newer townhouses in the area often lack. For a buyer seeking a low-maintenance family home with strong rental fundamentals, this property sits well. The zoning to Solway Primary and Glen Eira College, plus proximity to parkland and transport, supports both family occupation and tenant demand. The flood overlay (Special Building Overlay) and heritage overlay are the primary risks here; they may affect insurance costs and restrict certain modifications, and a qualified inspector should confirm the practical implications before proceeding. The estimated rental midpoint of $1,010 per week offers a solid yield for the price guide, but the 2015 sales history means the vendor has held through a period of significant capital growth,so price expectations may be firm. The property suits a buyer who values privacy and a finished home over renovation potential, and who is prepared to accept the overlay constraints in exchange for a turnkey position. Hold for steady capital growth and rental income; do not overpay for the overlays.