VIC has seen average median house prices change by 8.06% which means that Malvern East, 3145 has done well for property investors by showing a capital gain of 8.25% over the last year
Across a shorter period, Malvern East, 3145 has seen a median price increase of 2.72% over the last quarter.
Malvern East, 3145 is offering VIC ‘s 38th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 10% of discounts offered by this VIC.
On average over the past year, suburb has had 18.75 sales per month, which equates to 225 per year.
At number 1054th in the list of Australian suburbs ordered by increase in median house value over the last year, Malvern East, 3145 is in the BOTTOM 40% with a property value increase of 0.09% recorded in median house prices.
Malvern East,3145 has offered an average of 0.09% return per annum in house price rises to property investors over the last three years.
Our latest figures would indicate that property sellers in Malvern East are currently offering property investors an average price cut of -3.81% below the asking price at the moment.
At number 646 in a list of fastest selling suburbs, Malvern East is just in the top half of suburbs in Australia with an average of days on market 72.81 for properties listed there.
Situated 10.28km from the CBD, Malvern East is one of Stonnington localities in the postcode 3145.