Malvern East

This well-planned suburb is a hidden gem with great investment opportunities. The suburb offers lots of parks and reserves, and it’s located close to great shopping in ‘Chaddy’ (Chadstone), Glenferrie, Waverly and Malvern Road. If you want to spend the afternoon with your family and kids, you are only minutes away from Legoland.

Malvern East is a lovely suburb known for its parks, cleanliness and safe neighbourhoods. It’s one of the most sought after residential areas currently due to its great location and vibe. You will find everything you are looking for in this small suburb, and you’re only a 10 minutes’ drive away from famous St Kilda, or a 20 minutes’ drive from Melbourne CBD.

Median Sale Price
$1.86 m
Based on 165 recorded House sales within the last 12 month

Based on a rolling 12 month period and may differ from calendar year statistics

Suburb Growth
+7.2%
Current Median Price: $1860000
Previous Median Price: $1735000

Based on 430 recorded House sales compared over the last two rolling 12 month periods

Sales Statistics (Houses)

Demographics

602 Single Parent Families 11%
133 Other Familes 2%
1855 Couples Without Children 34%
2834 Couples With Children 52%

Work

Weather you have a local job in any of the local businesses, restaurants of café’s, or if you chose to commute to the CBD, Malvern East enjoys the perfect mix of thriving suburb and perfect location.

Household Income - Weekly

Employment

Method of Travel to Work (2016)

  • Train
    1411(14)%
  • Bus
    97(1)%
  • ferry
    0(0)%
  • Tram( other light rail) ()%
  • Car
    ()%
  • Moterbike/Truck
    ()%
  • Bicycle
    177(2)%
  • Walked Only
    ()%
  • Other 52(0)%

Properties For Rent

207/903 DANDENONG ROAD

$270 per week - Application

0m2

  • 1
  • 1
  • 2

35/949 DANDENONG ROAD

$275 per week (Rent Increase from Jan 2019)

887m2

  • 1
  • 1
  • 1

27 -29 FINCH STREET

$1750.00 Per week

1350m2

  • 6
  • 3
  • 3

6 CAIRNES CRESCENT

$650.00

836m2

  • 3
  • 1
  • 3

2/1 TOLLINGTON AVENUE

$530.00

148m2

  • 2
  • 1
  • 1

56 MILLEWA AVENUE

$650.00

697m2

  • 2
  • 1
  • 3

56A BEAVER STREET

$1,100.00

664m2

  • 5
  • 2
  • 4

294 WATTLETREE ROAD

$575.00 Per week

301m2

  • 3
  • 1
  • 2

2/25 MOAMA ROAD

$390.00

778m2

  • 2
  • 1
  • 1

13 HILLARD STREET

$1,100.00

650m2

  • 4
  • 2
  • 3

Median Weekly Rents

House

Suburb Sale Price Growth
7.2%
Current Median Price: $1,860,000 Previous Median Price: $1,735,000

Based on 430 recorded House sales compared over the last two rolling month periods

Suburb Rental Yield
1.8%
Current Median Price: $1,860,000 Current Median Rent: $650

Based on 254 recorded House sales compared over the last two rolling 12 month periods

Unit

Suburb Sale Price Growth
3.2%
Current Median Price: $610,000 Previous Median Price: $591,000

Based on 330 recorded House sales compared over the last two rolling 12 month periods

Suburb Rental Yield
3.4%
Current Median Price: $610,000 Current Median Rent: $400

Based on 530 recorded House sales compared over the last two rolling 12 month periods

Recently Sold Properties

119/839 DANDENONG ROAD

*$325,000

1381m2

  • 1
  • 1
  • 1

9/20 BENT STREET

*$486,000

0m2

  • 2
  • 1
  • 1

2/15 DARLING ROAD

*$620,000

0m2

  • 2
  • 1
  • 1

43 KARMA AVENUE

*$2,420,000

660m2

  • 3
  • 2
  • 2

4/23 WARLEY ROAD

*$543,000

0m2

  • 2
  • 1
  • 1

23 VICKERY STREET

*$740,000

71m2

  • 2
  • 1
  • 1

1/3 HILDA STREET

*$1,420,000

376m2

  • 3
  • 2
  • 1

3 REPTON ROAD

*$1,430,000

232m2

  • 3
  • 2
  • 1

13 HILLARD STREET

*$2,030,000

650m2

  • 4
  • 2
  • 3

1/5 HILDA STREET

*$610,000

1016m2

  • 2
  • 1
  • 2