Market snapshot
Suburb insights for Malvern3144
Change suburbMalvern, approximately 8 km south of Melbourne's CBD, is a well-established, leafy suburb, renowned for its stately homes, excellent schools, and high quality of life. Glenferrie Road and Malvern Central offer boutique shopping and dining, while the area is well serviced by trains, trams, and parks such as Malvern Gardens. The neighbourhood features several medical centres, including Cabrini Health Private Hospital. With heritage charm, strong community appeal, and proximity to elite schools, Malvern attracts families and professionals seeking elegance and convenience.
Recent sales and auction results in Malvern
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 30 Parslow St, Malvern | 4 |  | House | Auction Sale | 15/05/2026 | Jellis Craig - Gary Peer & Associates | |
| 2/15 Somers Av, Malvern | 3 |  | Apartment | Passed in Vendor Bid | 15/05/2026 | Ray White Carnegie | View |
| 239 Wattletree Rd, Malvern | 3 |  | House | Passed in Vendor Bid | 15/05/2026 | Jellis Craig | View |
| 1/51-53 Wheatland Rd, Malvern | 2 | | Apartment | Private Sale | 7/04/2026 | Marshall White |
Sales data
Median sale price
$3mil
Quarterly price change
21.5%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Malvern | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $2,205,000 | $863,000 |
| 4 | $3,350,000 | $980,500 |
| Insight | Malvern | Metro comparison |
|---|---|---|
| Clearance rate | 70% | 74.9% |
| Days on market | 34 | 37 |
Rental data
Median weekly rent
$1,100
Rental yield
2.1%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Malvern | Metro comparison |
|---|---|---|
| 2 | $750 | $595 |
| 3 | $1,100 | $550 |
| 4 | $1,475 | $595 |
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