701/881 Dandenong Road, Malvern East VIC 3145

Northern aspect with treetop views | Gascoigne building with 67 units | 58% hold 10+ years | strong rental yield potential The property’s northern orientation and elevated position within a well-established building create a genuine scarcity advantage for buyers seeking light-filled living in Malvern East. The full-height glazing and terrace with CBD skyline views are not common in this price bracket and should hold appeal for owner-occupiers who value natural light over square footage. The building’s tenure profile, with 58% of owners holding for more than a decade, suggests a stable community where turnover is low and resident satisfaction is high. This property is best suited to a professional couple or downsizer who wants a lock-and-leave apartment with good amenity, rather than an investor chasing capital growth. The primary risk is the building’s historical sales performance, where two units recorded negative annual growth over 9 and 10 years respectively, indicating that this address has not delivered capital appreciation. The buyer is effectively paying for lifestyle and location, not for price growth. However, the rental yield at 5.2% is above the suburb average, and the proximity to Caulfield Village, transport and schools provides a floor under demand. The lack of floor plans or historical sales data for this specific unit means the buyer should verify internal condition and any special levies before committing. For a buyer, this property works best as a long-term hold where rental income offsets holding costs, not as a short-term flip.