Malvern Ave, Manly NSW 2095

House prices on Malvern Ave sit 31.01% below the Manly suburb house median, making it a more affordable option for buyers seeking detached homes in the area.

There are no bushfire, heritage, or high-voltage overlays on Malvern Ave. However, 28 properties fall within a flood overlay, which means renovations or extensions may require additional council approval. Additionally, 10 properties have been reviewed and found to have no flood risk identified or not mapped, so they do not carry a flood risk classification.

37 homes sit level with the street. This means the site height of these properties is within one metre of the street centreline, providing a consistent ground-level experience across the street.

Malvern Ave is classified as a local road, which generally serves nearby residents and connects smaller streets to larger thoroughfares. As a local road, it is designed primarily for residential access rather than high-volume through traffic.

Malvern Ave is predominantly an apartment street, with 73.5% of its 162 residential properties being units or studios. Houses, duplexes, and terraces make up the remaining 23.5% of the residential stock.

The street features three major apartment developments: 2 Malvern Ave with 24 lots across 4 levels built in 1967, 33 Malvern Ave with 21 lots across 10 levels built in 1972, and 14 Malvern Ave with 15 lots across 4 levels built in 1972.

In the past 12 months, 3 apartments sold on Malvern Ave, while no houses changed hands. Over the trailing 5 years, the turnover rate was 23.7% for houses and 22.7% for apartments, indicating the proportion of properties that changed ownership during that period.

Malvern Ave is well-suited for apartment buyers looking for a local-road residential environment with established mid-rise developments. It may also appeal to house buyers seeking a more affordable entry point relative to the Manly median, though buyers should note the flood overlay considerations.