Malvern Suburb Profile

Victoria 3144

Malvern has 6,577 properties. Over the last 5 years, Houses in Malvern have seen a 11.39% increase in median value, while Units have seen a 2.46% increase. As at 30 November 2024:

• The median value for Houses in Malvern is $3,120,725 while the median value for Units is $764,651.
• Houses have a median rent of $1,000 while Units have a median rent of $550.

The size of Malvern is approximately 2.9 square kilometres. It has 9 parks covering nearly 4.4% of total area. The population of Malvern in 2011 was 9,502 people. By 2016 the population was 10,071 showing a population growth of 6.0% in the area during that time. The predominant age group in Malvern is 20-29 years. Households in Malvern are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Malvern work in a professional occupation. In 2011, 67.9% of the homes in Malvern were owner-occupied compared with 66.7% in 2016.