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Malvern East, VIC 3145
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$2,085,000
market range $1.9M-$2.2M
Median Unit
$635,000
market range $600K-$675K
Gross Yield (units)
4.9%
1yr Growth (houses)
-6.7%
market range -10.0% to +2.5%
Investment snapshot for Malvern East
Malvern East has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Malvern East market and investor summary
In Malvern East, VIC 3145, the median house sells for around $2.1M. House prices have moved -6.7% over the past year and -2.9% over three years. At 2.5% vacancy, it is a broadly balanced rental market.
Living in Malvern East: people, income and schools
Malvern East is home to around 22,296 people, a number that has held fairly steady over five years. At a median age of 38, it reads as broadly working-age.
The typical household income runs to around $124,000 a year (about $2,380 a week). On socio-economic measures it ranks among the most advantaged in the country (10 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 16.8 times local household income, so affordability is a genuine constraint on local buyers.
Families have 80 schools within roughly 5km to choose from, and they test well above the national school average on ICSEA, a draw for education-focused families. Malvern East sits about 11 km from the CBD. Most day-to-day errands are doable on foot; the suburb scores 77 for walkability and 52 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).
- Population
- 22,296
- +4% over 5yr
- Median age
- 38 years
- Median household income
- $124,000/yr
- Households renting
- 33%
- Family households
- 49%
- Socio-economic rank
- 10/10
- ABS advantage index
- Schools within 5km
- 80
- avg ICSEA 1153
- Unemployment
- 3.2%
- Distance to CBD
- 11 km
- Walk score
- 77/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Malvern East
View all →Frequently asked questions about Malvern East
What should I check before investing in Malvern East?
Malvern East has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.9% gives a usable rent-to-price starting point. Walkability score of 77 broadens the tenant pool beyond car-dependent renters. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Malvern East?
The median property price in Malvern East, VIC 3145 is $2.1M for houses and $635K for units.
What rental yield does Malvern East show?
The gross rental yield in Malvern East is 4.9% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Malvern East?
House prices in Malvern East are down 6.7% over the past year and down 2.9% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Malvern East?
The current vacancy rate in Malvern East is 2.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Malvern East?
Malvern East has a population of approximately 22,296 residents, with a median age of 38.
What schools are near Malvern East?
There are 80 schools within roughly 5km of Malvern East. Their average ICSEA sits well above the national mean of 1000, which points to a more advantaged school catchment. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Malvern East affordable to buy in?
A median house in Malvern East costs about 16.8 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Malvern East's population growing?
The population of Malvern East has grown modestly, about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Malvern East from the CBD?
Malvern East is about 11 km from the CBD.
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