Suburb Profile Report for Malvern East VIC (3145)

Malvern East House: Median price $1,920,000, Annual capital growth 5.44%, Number of sales 233, Weekly median advertised rent $660

Malvern East Unit: Median price $746,000, Annual capital growth 4.65%, Number of sales 141, Weekly median advertised rent $370

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Property investors who have had real estate in Malvern East, 3145 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 3.78%

Over the longer term, Malvern East has seen property prices show investors a 3.50% return over the last 3 years. This is an improvement over the last 12 months

Vendor discounting in Malvern East is giving property investors an average Vendor Discount of around -5.95%. This puts suburb at number 57th in VIC when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Malvern East the average time real estate has been on the market is 67.125 days.

Malvern East is in the TOP 20% in VIC when comparing median price capital growth over the last year. Malvern East gave property investors a very good capital gain figure when compared to the rest of the state, with 16.56%.

If we look at median property appreciation over just the last three months, Malvern East has given property investors a paper return of 5.07%. This puts Suburb as 92 on a list of fastest fasting appreciating suburbs in VIC

Sellers are offering property buyers an average discount of -6.59% to buyers in Malvern East at the moment, which is less than average for the rest of VIC.

Malvern East, 3145’s gross rental yield is 2.58%

Metrics i HOUSE UNIT
$1,920,000 $746,000
-0.83% 5.07%
3.78% 16.56%
5.44% 4.65%
$660 $370
233 141
1.79% 2.58%
67.125 78.6666666666667

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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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
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