Suburb

Market snapshot

Suburb insights for Malvern3144

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Malvern, 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

AddressBedroomsPriceTypeMethodSale DateAgentListing
6/248 Wattletree Rd, Malvern1PriceApartmentPrivate Sale23/11/2025Little Real EstateView
40 Cressy St, Malvern3PriceHouseAuction Sale28/11/2025Jellis CraigView
7/30 Finlayson St, Malvern2PriceApartmentAuction Sale28/11/2025Belle Property ArmadaleView
15/7 Warner St, Malvern2PriceApartmentPassed in at Auction28/11/2025Belle Property ArmadaleView
6 Evandale Rd, Malvern3PriceHouseSold Before Auction26/11/2025Belle Property Glen IrisView
12/240 Wattletree Rd, Malvern2PriceApartmentSold Before Auction19/11/2025Jellis CraigView

Sales data

Median sale price
$2.6mil
Quarterly price change
1.9%
Metro Melbourne Comparison
$955k
2.7%
BedroomsMalvernMetro comparison
2-$910,000
3$2,500,000$830,000
4$3,302,750$951,500
InsightMalvernMetro comparison
Clearance rate67.6%81.4%
Days on market34.536

Rental data

Median weekly rent
$1,100
Rental yield
1.9%
Metro Melbourne Comparison
$580
3.3%
BedroomsMalvernMetro comparison
2$785$580
3$1,025$550
4$1,400$600
Median data for the current quarter

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