Median Sale Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $1,500,000 | 0.0% | $665,000 | $3,925,000 | 117 |
| 2010 | $1,780,500 | +15.8% | $550,000 | $6,203,120 | 142 |
| 2011 | $1,540,000 | -15.6% | $460,000 | $5,605,000 | 115 |
| 2012 | $1,585,000 | +2.8% | $725,000 | $7,131,510 | 131 |
| 2013 | $1,517,000 | -4.5% | $752,500 | $5,730,000 | 137 |
| 2014 | $1,820,000 | +16.6% | $352,000 | $4,690,000 | 137 |
| 2015 | $2,100,000 | +13.3% | $710,000 | $5,510,000 | 129 |
| 2016 | $2,260,000 | +7.1% | $839,000 | $7,219,444 | 105 |
| 2017 | $2,825,000 | +20.0% | $775,000 | $10,018,000 | 113 |
| 2018 | $2,672,000 | -5.7% | $845,000 | $8,550,000 | 86 |
| 2019 | $2,550,000 | -4.8% | $1,105,000 | $5,551,000 | 83 |
| 2020 | $2,600,000 | +1.9% | $1,150,000 | $7,850,000 | 80 |
| 2021 | $2,925,000 | +11.1% | $850,000 | $10,275,000 | 153 |
| 2022 | $2,850,000 | -2.6% | $1,235,000 | $9,180,000 | 107 |
| 2023 | $2,800,000 | -1.8% | $1,130,000 | $7,200,000 | 100 |
| 2024 | $2,750,000 | -1.8% | $111,111 | $11,505,000 | 136 |
Median Sale Price
$2.75M
Based on 136 recorded sales within the last 12 months
Updated on 22 Dec 2024
Suburb Growth
-1.8%
Current Median Price: $2,750,000
Previous Median Price: $2,800,000
Based on 236 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Nov 2024)
Price Range Segments (12 months ending Nov 2024)
Median Weekly Rent Price
House
-
Updated on Oct 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Oct 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $680 | 0.0% | $290 | $3,800 | 77 |
| 2012 | $795 | +14.5% | $340 | $5,500 | 98 |
| 2013 | $700 | -13.6% | $200 | $3,750 | 105 |
| 2014 | $790 | +11.4% | $205 | $1,800 | 75 |
| 2015 | $800 | +1.3% | $350 | $2,800 | 126 |
| 2016 | $850 | +5.9% | $230 | $3,800 | 143 |
| 2017 | $800 | -6.3% | $350 | $3,200 | 103 |
| 2018 | $850 | +5.9% | $310 | $9,999 | 114 |
| 2019 | $850 | 0.0% | $320 | $2,200 | 109 |
| 2020 | $825 | -3.0% | $410 | $2,750 | 96 |
| 2021 | $850 | +2.9% | $245 | $2,400 | 85 |
| 2022 | $900 | +5.6% | $275 | $3,500 | 115 |
| 2023 | $1,100 | +18.2% | $350 | $5,000 | 102 |
| 2024 | $1,050 | -4.8% | $550 | $2,800 | 66 |
Median Rent Price
$1,100
per week
Based on 68 recorded rent within the last 12 months
Updated on 22 Dec 2024
Rent Price Growth
0.0%
Current Median Rent: $1,100
Previous Median Rent: $1,100
Based on 170 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.1%
Current Median Price: $2,750,000
Current Median rent: $1,100
Based on 204 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Nov 2024)
Auction Results For Malvern
Houses sold in Last 12 months ends 21 Dec 2024
$2.81M
Median Sale Price
68%
Clearance Rate
54/80
Sold/Reported
$5.15M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $3 M and more | 3 | |
| $2 M - $3 M (Median Price Range) | 9 | |
| $1.8 M - $2 M | 1 | |
| $1.6 M - $1.8 M | 1 | |
Similar Suburbs to Malvern 3144
Based on median house sale price sold in last 12 months
Schools closest to Malvern, VIC 3144
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Joseph's Primary School | 49 STANHOPE STMalvern 3144 | Primary | Catholic | 0.41 km |
| De La Salle College | 1318 HIGH STREETMalvern 3144 | Combined | Catholic | 0.54 km |
| Malvern Central School | SPRING ROADMalvern 3144 | Combined | Government | 0.87 km |
| Lauriston Girls' SchoolTop 10 | 38 HUNTINGTOWER RDArmadale 3143 | Combined | Independent | 1.05 km |
| Caulfield Junior College | 186 BALACLAVA ROADCaulfield North 3161 | Primary | Government | 1.19 km |
| St Aloysius' School | 8 CROMWELL STCaulfield 3161 | Primary | Catholic | 1.47 km |
| Malvern Primary School | 17 TOORONGA ROADMalvern East 3145 | Primary | Government | 1.41 km |
| Caulfield Park Community School | 319 BALACLAVA ROADCaulfield North 3161 | Secondary | Government | 1.52 km |
| Armadale Primary School | 9-23 DENSHAM ROADArmadale 3143 | Primary | Government | 1.42 km |
| The King David School | 517-519 ORRONG RDArmadale 3143 | Combined | Independent | 1.62 km |