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City of Stonnington
Malvern

Malvern Property Market
& Suburb Profile

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MEDIAN PRICES IN MALVERN

Median house price

(all agencies, last 12 months)$2.6m*

House price change

(all agencies, last 12 months)-19.54%

Median unit price

(all agencies, last 12 months)$700k*

Unit price change

(all agencies, last 12 months)-14.32%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

MALVERN PRICE TRACKER

HousesUnits

MALVERN SALES OVERVIEW

  • Sold by Auction 70%
  • Sold by Private Sale or Other Method 30%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)26

Average days on market (units)

(all agencies, 12 months)26

Auction clearance rate in Malvern

(all agencies, last 12 months)77%

Average held period in Malvern

(proptrack)15 years

MALVERN INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$1,339pw

House rental price change

(all agencies, last 12 months)0.09%

Median rental price for Units

(all agencies, last 12 months)$663pw

Unit rental price change

(all agencies, last 12 months)0.05%

Average rental yield for Houses

(all agencies, last 12 months)2.34%

Average rental yield for Units

(all agencies, last 12 months)4.23%

Malvern total population size

(as at the last census)9,929

Median household size in Malvern

(as at the last census)2.3

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

MALVERN PROPERTY TYPES

  • Houses 28%
  • Units 38%
  • Other 34%

OCCUPANCY IN MALVERN

  • Owned 70%
  • Rented 27%
  • Other/Not Stated 3%
  • Singles 32%
  • Families 65%
  • Other 4%

CURIOUS TO KNOW WHAT YOUR PROPERTY IS WORTH TODAY?

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ABOUT MALVERN

Malvern is a distinguished and highly sought-after residential suburb located approximately eight kilometres southeast of the Melbourne CBD. Set on elevated ground that was originally home to the Kulin people, the area was settled by Europeans in 1835 and matured into one of the city’s premier "blue-chip" enclaves during the 19th-century boom.

The suburb is celebrated for its remarkably intact heritage streetscapes, characterized by grand Victorian and Edwardian estates, wide tree-lined boulevards, and a high-end village atmosphere that has made it a timeless benchmark for luxury living in Melbourne.

The lifestyle in Malvern is anchored by the refined commercial precincts of Glenferrie Road and Malvern Central, which offer an curated mix of boutique fashion, artisanal bakeries, and fine-dining establishments. For recreation, residents enjoy a range of manicured parklands, including the historic Malvern Gardens, which features a natural spring and an ornamental grotto, as well as the nearby Sir Zelman Cowen Park. The suburb is also famous as the original home of the Malvern Star bicycle company, a heritage that reflects its long-standing connection to local craftsmanship and community pride.

Connectivity and education are the fundamental pillars that underpin the suburb's enduring prestige. It is exceptionally well-served by public transport, featuring the Malvern and Heyington railway stations and a dense network of tram routes that provide elite access to the city and neighboring shopping hubs. The suburb is particularly renowned for its concentration of highly regarded educational institutions, including Malvern Primary School, Malvern Central School, and the prestigious De La Salle College. This blend of accessibility, academic excellence, and serene architectural beauty ensures that Malvern remains one of Melbourne's most stable and aspirational environments for established families and professionals.

Education

De La Salle College
Malvern Central School
St Joseph's School
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MALVERN MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
2025272$1,667,500-19.54%325$1,001pw3.28%
2024254$2,012,50012.70%343$943pw3.20%
2023213$1,852,000-0.35%340$908pw2.99%
2022241$1,880,000-1.95%463$828pw2.69%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
2025272$1,667,500-19.54%
2024254$2,012,500+12.70%
2023213$1,852,000-0.35%
2022241$1,880,000-1.95%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
2025325$1,001pw3.28%
2024343$943pw3.20%
2023340$908pw2.99%
2022463$828pw2.69%

BROWSE MORE SUBURBS

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NEWS & INSIGHTS

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 December 2024 to 31 December 2025, last updated 31 December 2025.