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 |
|---|---|---|---|---|---|---|---|
| 10/3 Irving St, Malvern | 3 |  | Apartment | Passed in at Auction | 1/05/2026 | Abercromby's RE | View |
| 6 Norfolk Pl, Malvern | 3 | | Townhouse | Sold Before Auction | 21/04/2026 | Jellis Craig | View |
| 9/39 Claremont Av, Malvern | 2 | | Apartment | Sold Before Auction | 14/04/2026 | Belle Property Armadale | View |
| 3 Isabella St, Malvern | 4 | | House | Private Sale | 25/03/2026 | Jellis Craig | View |
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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