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 |
|---|---|---|---|---|---|---|---|
| 19/158-160 Wattletree Rd, Malvern | 2 |  | Unit | Auction Sale | 12/12/2025 | Belle Property Armadale | View |
| 3/6 Park St, Malvern | 3 |  | Apartment | Sold Before Auction | 10/12/2025 | Belle Property Armadale | View |
| 24 Park St, Malvern | 3 | | House | Passed in Vendor Bid | 10/12/2025 | Marshall White | View |
| 1/1188 Malvern Rd, Malvern | 3 | | Apartment | Private Sale | 25/11/2025 | Marshall White | View |
| 8 Norfolk Pl, Malvern | 3 | | Townhouse | Private Sale | 24/11/2025 | Jellis Craig | View |
Sales data
Median sale price
$2.6mil
Quarterly price change
1.9%
Metro Melbourne Comparison
$955k
2.7%
| Bedrooms | Malvern | Metro comparison |
|---|---|---|
| 2 | - | $910,000 |
| 3 | $2,500,000 | $830,000 |
| 4 | $3,302,750 | $951,500 |
| Insight | Malvern | Metro comparison |
|---|---|---|
| Clearance rate | 67.6% | 81.4% |
| Days on market | 34.5 | 36 |
Rental data
Median weekly rent
$1,100
Rental yield
1.9%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Malvern | Metro comparison |
|---|---|---|
| 2 | $785 | $580 |
| 3 | $1,025 | $550 |
| 4 | $1,400 | $600 |
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