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City of Stonnington
Malvern East

Malvern East Property Market
& Suburb Profile

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MEDIAN PRICES IN MALVERN EAST

Median house price

(all agencies, last 12 months)$2.1m*

House price change

(all agencies, last 12 months)+2.31%

Median unit price

(all agencies, last 12 months)$608k*

Unit price change

(all agencies, last 12 months)-5%

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

MALVERN EAST PRICE TRACKER

HousesUnits

MALVERN EAST SALES OVERVIEW

  • Sold by Auction 56%
  • Sold by Private Sale or Other Method 44%
  • (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)28

Auction clearance rate in Malvern East

(all agencies, last 12 months)58%

Average held period in Malvern East

(proptrack)14 years

MALVERN EAST INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$1,048pw

House rental price change

(all agencies, last 12 months)0.08%

Median rental price for Units

(all agencies, last 12 months)$601pw

Unit rental price change

(all agencies, last 12 months)0.04%

Average rental yield for Houses

(all agencies, last 12 months)2.65%

Average rental yield for Units

(all agencies, last 12 months)4.42%

Malvern East total population size

(as at the last census)22,296

Median household size in Malvern East

(as at the last census)2.5

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

MALVERN EAST PROPERTY TYPES

  • Houses 32%
  • Units 35%
  • Other 33%

OCCUPANCY IN MALVERN EAST

  • Owned 67%
  • Rented 31%
  • Other/Not Stated 2%
  • Singles 26%
  • Families 68%
  • Other 6%

CURIOUS TO KNOW WHAT YOUR PROPERTY IS WORTH TODAY?

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ABOUT MALVERN EAST

Malvern East is a premier residential suburb located approximately 12 kilometres southeast of the Melbourne CBD. It is defined by its vast green spaces, prestigious "Gascoigne Estate," and a lifestyle that seamlessly blends heritage elegance with modern convenience.

The lifestyle in Malvern East is anchored by its exceptional parklands and boutique shopping precincts. Residents enjoy direct access to the 20-hectare Central Park, famous for its formal gardens, fitness trails, and conserved conservatory, and the sprawling Hedgeley Dene Gardens.

Social life thrives in the Malvern East Village on Waverley Road and the Darling Village on Dorothy Avenue, which offer a refined mix of artisanal bakeries, upscale cafes, and specialty grocers. For larger-scale retail, the suburb sits adjacent to the world-class Chadstone Shopping Centre, providing residents with unparalleled access to international luxury brands and entertainment.

Malvern East hosts several of Victoria’s most reputable schools. Malvern Primary School remains a central pillar of the community, while the Malvern Campus of Caulfield Grammar School provides elite primary education within a historic setting. The suburb is also home to St Mary's Primary School and is within easy reach of Deakin University (Burwood) and Monash University (Caulfield), making it a preferred location for academic professionals and families prioritising high-quality educational pathways.

From a property perspective, Malvern East is a resilient market with a mix of grand Victorian and Edwardian estates and high-quality, sustainable new developments.

Education

Lloyd Street Primary School
Malvern Primary School
Malvern Valley Primary School
St Mary's School
The Currajong School
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SALES COMPARISON

Find out how Malvern East median sales prices compare to neighbouring suburbs.

MALVERN EAST MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
20260-no change0$0pw%
2025519$1,354,0002.31%889$825pw3.54%
2024505$1,343,750-2.42%949$777pw3.65%
2023383$1,360,500-3.40%1041$740pw3.24%
2022446$1,432,2503.57%1305$668pw2.97%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
2025519$1,354,000+2.31%
2024505$1,343,750-2.42%
2023383$1,360,500-3.40%
2022446$1,432,250+3.57%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
2025889$825pw3.54%
2024949$777pw3.65%
20231041$740pw3.24%
20221305$668pw2.97%

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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.