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Malvern East
VIC, 3145 - Stonnington

Thinking about buying in Malvern East? Now could not be a better time, with 14744 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $2,060,000 with prices in this suburb ranging from $140,000 to $19,110,000. Malvern East is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Household Makeup

Median Weekly Rent $471.36
Median Monthly Mortgage $2964.05
Median Persons Per Bedroom 0.87
Average Household Size 2.67
Average Age 39.18
Average Income $1074.57
Average Cars Per Dwelling 1.65
Average Properties Within 50M 174

Housing Stock

Average Property Prices

1 Bed  $694,000
2 Bed  $1,282,000
3 Bed  $2,454,000
4 Bed  $3,687,000
5 Bed  $4,699,000
6 Bed+$4,747,000

Malvern East Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Malvern East driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Malvern East ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Malvern East classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Malvern East requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Houses for sale Malvern East

Belle Property unit 1, 111 chadstone rd, malvern east, vic, 3145 Beds5 Bathrooms3 Parking 3 $1,550,000 - $1,650,000
Fletchers 422 wattletree rd, malvern east, vic, 3145 Beds5 Bathrooms2 Parking 2 Sold
Fletchers unit 20, 2a bates st, malvern east, vic, 3145 Beds1 Bathrooms1 Parking 1 For Sale Contact Agent
Harcourts unit 301, 141 waverley rd, malvern east, vic, 3145 Beds4 Bathrooms3 Parking 2 Private Sale: $1,950,000 - $2,05,000
Harcourts unit 2, 732-734 warrigal rd, malvern east, vic, 3145 Beds5 Bathrooms2 Parking 2 Contact Agent
Harcourts unit 1, 555 waverley rd, malvern east, vic, 3145 Beds4 Bathrooms3 Parking 2 Inspection by Appointment
Harcourts unit 410, 803 dandenong rd, malvern east, vic, 3145 Beds1 Bathrooms1 Parking 1 $370,000
Harcourts unit 1113, 803 dandenong rd, malvern east, vic, 3145 Beds2 Bathrooms2 Parking 1 CONTACT AGENT
Professionals unit 402, 803 dandenong rd, malvern east, vic, 3145 Beds2 Bathrooms2 Parking 1 $495,000-$540,000
Professionals unit 1, 1810 malvern rd, malvern east, vic, 3145 Beds2 Bathrooms2 Parking 1 Price: Contact Agent
Professionals 5 sweetbox walk, malvern east, vic, 3145 Beds4 Bathrooms3 Parking 2 Price: Contact Agent
Professionals unit 319, 2 john st, malvern east, vic, 3145 Beds2 Bathrooms2 Parking 1 $510,000-$550,000 MUST SELL!
Ray White unit 3, 732-734 warrigal rd, malvern east, vic, 3145 Beds3 Bathrooms1 Parking 2 990000
Ray White unit 3, 800 warrigal rd, malvern east, vic, 3145 Beds2 Bathrooms1 Parking 1 390000
Ray White unit 604, 881 dandenong rd, malvern east, vic, 3145 Beds1 Bathrooms1 Parking 1 350000
Ray White unit 520, 803 dandenong rd, malvern east, vic, 3145 Beds2 Bathrooms2 Parking 1 450000
Ray White unit 105, 1009 dandenong rd, malvern east, vic, 3145 Beds1 Bathrooms1 Parking 1 450000
Woodards unit 104, 5a winton rd, malvern east, vic, 3145 Beds2 Bathrooms2 Parking 1 $570,000 - $600,000

Local Schools

Lloyd Street Primary School

The Currajong School

Malvern Primary School

Malvern Valley Primary School

St Mary's School

Oakleigh Primary School

Murrumbeena Primary School

Solway Primary School

Oakwood School

Sacre Coeur

(While the above schools are located with the suburb of Malvern East there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Malvern East weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.516.427.042.886.82.923.8
Feb1.015.925.844.486.52.720.3
Mar1.114.524.145.488.12.515.6
Apr2.012.120.848.090.92.410.6
May1.610.017.752.389.42.97.8
Jun1.37.715.059.893.72.56.9
Jul1.37.814.456.989.53.37.4
Aug1.67.815.151.289.33.010.0
Sept1.49.317.746.188.93.114.0
Oct1.411.121.142.889.33.218.3
Nov1.812.522.443.488.62.920.8
Dec2.014.624.843.588.62.824.0

source: Australian Government Bureau of Meteorology


Internet Speed

Download 25 Mbps / Upload 5 Mbps

Nearby Suburbs

AshburtonCarnegieCaulfield EastMurrumbeenaGlen IrisGlen HuntlyHughesdaleChadstoneAshwoodMalvern

Public Transport


General Points of Interest

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