Suburb Profile Report for Malvern East VIC (3145)

Malvern East House: Median price $1,700,000, Annual capital growth 9.78%, Number of sales 250, Weekly median advertised rent $600

Malvern East Unit: Median price $575,000, Annual capital growth 6.79%, Number of sales 183, Weekly median advertised rent $373

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Malvern East has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 7.77% to date .

Across a shorter period, Malvern East, 3145 has seen a median price increase of -0.29% over the last quarter.

Our latest figures would indicate that property sellers in Malvern East are currently offering property investors an average price cut of -8.47% below the asking price at the moment.

Residents and property investors in Malvern East have been waiting around 64.98 days to sell a property.

Advertised rents are around the $600 mark per week – giving a return of 1.84% based on the median price in Suburb

Property value increases in Malvern East have tracked just lower than the VIC average of 4.26% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Malvern East comes in at number 274th in VIC.

Property investors looking for a bargain in Malvern East should be aiming for at least -4.68% off the asking price, which is the average vendor discount being achieved at the moment.

Metrics i HOUSE UNIT
$1,700,000 $575,000
-0.29% 0.00%
7.77% -0.65%
9.78% 6.79%
$600 $373
250 183
1.84% 3.37%
64.98 74.34

Source: CoreLogic

DSR Score for property investment : Above average (U), Good (H)
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Demographics
Total population 20066
Median household income ($/weekly) 1715
Median age of persons 36
Median housing loan repayment ($/monthly) 2400
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 2518 12.5
    25-34 years 2619 13.1
    35-44 years 2930 14.6
    45-54 years 2784 13.9
    55-64 years 2189 10.9
    Others 7026 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 7404 49.4
    Not Married 6622 44.2
    Defacto Relationship 965 6.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 13670 71.1
    Croatia 858 4.5
    Indonesia 443 2.3
    United Kingdom 624 3.2
    Other 717 3.7
    Others 2906 15.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 657 3.6
    Christianity 11354 61.5
    Hinduism 341 1.8
    Judaism 656 3.6
    No Religion 5151 27.9
    Others 306 1.7
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 636 9.8
    $2,000-$2,499 509 7.9
    $2,500-$2,999 875 13.5
    $3,000-$3,499 557 8.6
    $4,000 or more 644 9.9
    Others 3253 50.2
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 6021 38.4
    Not in the labour force 5186 33.1
    Employed, worked part-time 3418 21.8
    Employed, away from work 529 3.4
    Unemployed, looking for work 519 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 1772 17.8
    Professionals 3531 35.4
    Community & personal service workers 802 8.0
    Clerical & administrative workers 1398 14.0
    Sales 969 9.7
    Others 1494 15.0
    Occupation
    Census Count Percent(%)
    Pre-school 424 7.1
    Infants/Primary 1730 28.8
    Secondary 1309 21.8
    Technical or Further Educational Institution 363 6.0
    University or other Tertiary Institutions 2049 34.1
    Others 137 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 13385 71.5
    Flat, unit or apartment 2642 14.1
    Semi-detached, row or terrace house, townhouse 2590 13.8
    House or flat attached to a shop, office 99 0.5
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 2764 39.1
    Being purchased 2168 30.6
    Rented 2110 29.8
    Other tenure type 36 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals