Median house price
$2.72M
Melbourne
Malvern
Overview
Malvern is an inner-east suburb within easy reach of Melbourne's CBD, with tree-lined residential streets and local cafés and public transport. Local shopping, dining and transport sit close to the residential streets, within a short walk or tram ride of most homes.
local village shopping puts cafés, shops and local services within walking distance of period houses and newer apartments, which tends to suit owner-occupiers who want more space with cafés, shops and public transport close to home.
The current median house price sits around $2.72M, with annual movement that has trended upward. Even so, comparable sales on the same street can sit well above or below that line depending on period detail, land and condition.
Market performance in Malvern
Understand the key indicators shaping the local property market before exploring the latest figures.
Average days on market
27 days
Annual price growth
+0.93%
Auction clearance rate
60%
Market insights
Explore deeper market analysis, auction activity and local trends to better understand how the suburb is performing.
Auction results
Explore weekly clearance rates, auction volumes, and sold results across Malvern and nearby.
Quarterly market updates
Read quarterly analysis on market movements, buyer behaviour, and key shifts shaping Malvern.
Sold insights
Compare recent sales across different property types and bedroom configurations to better understand local market activity.
| Bedrooms | 12 mo salesLast 12 months sales | Median price | Avg DOMAvg days on market | Clearance | RentRental median |
|---|---|---|---|---|---|
| AllAll houses | 121 | $2,720,000 | 27 days | 60% | $1,295 pw |
| 1 bed1 bedroom | 0 | — | — | — | — |
| 2 bed2 bedrooms | 11 | $1,403,000 | 33 days | 80% | $750 pw |
| 3 bed3 bedrooms | 44 | $2,095,000 | 25 days | 65% | $1,290 pw |
| 4 bed4 bedrooms | 43 | $3,195,000 | 29 days | 60% | $1,400 pw |
| 5 bed5 bedrooms | 20 | $4,744,000 | 37 days | 33% | — |
Lifestyle and neighbourhood
Discover the places, amenities and everyday experiences that make this suburb unique.
Nearby schools
Compare nearby schools, catchments and education options for local families.
De La Salle College
Primary/Secondary · Catholic
1318 High Street, Malvern
St Joseph's School
Primary · Catholic
49 Stanhope Street, Malvern
Malvern Central School
Primary · Government
Spring Road, Malvern
Landmarks
Malvern offers landmarks such as parks and gardens, trails and waterways, libraries, and churches and parishes.
Central Park
Burke Rd, Malvern VIC 3144
Malvern Gardens
10 Claremont Cres, Malvern VIC 3144
Hopetoun Gardens
2 Waverley Rd, Malvern VIC 3144
Transport and connectivity
Train, tram, and road networks keep Malvern linked to the CBD and surrounding suburbs.
Closest station
Malvern — Sandringham + Frankston corridor
Additional stations
Gardiner — Glen Waverley line
Major tram routes
Routes 6, 5, 16 and 72 — Glenferrie Road
Bus connections
Burke Road carries tram 72 and bus feeders toward Camberwell Junction.
Road access
Monash Freeway (M1) approaches lie to the south-east for arterial driving.
Compare Malvern with other Melbourne suburbs
See how Malvern compares across property prices, lifestyle, schools, transport, walkability and local amenities against nearby Melbourne suburbs.