Market snapshot
Suburb insights for Malvern3144
Change suburbMalvern is located 8 km south-east of the CBD and is mainly a residential suburb. There are commercial activities along Glenferrie Road. Malvern Railway Station and Tooronga Railway Station serve the residents of Malvern. The neighbourhood features a number of medical centres including Cabrini Health Private Hospital. The suburb has areas of open spaces such as Malvern Public Gardens Sir Robert Menzies Reserve and Tooronga Park.
Sales data
Median sale price
$2.9mil
Quarterly price change
-6.2%
Metro Melbourne Comparison
$923k
2.7%
| Bedrooms | Malvern | Metro comparison |
|---|---|---|
| 2 | - | $881,200 |
| 3 | $2,550,000 | $810,000 |
| 4 | $3,638,000 | $942,350 |
| Insight | Malvern | Metro comparison |
|---|---|---|
| Clearance rate | 76.2% | 78.5% |
| Days on market | 32 | 42 |
Rental data
Median weekly rent
$1,075
Rental yield
1.9%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Malvern | Metro comparison |
|---|---|---|
| 2 | $720 | $580 |
| 3 | $1,125 | $550 |
| 4 | - | $600 |
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