Ashburton vs Malvern East
Ashburton (median $1,905,000) is roughly 22% cheaper to buy into than Malvern East ($2,437,500).
Buying in Ashburton or Malvern East?
Selling in Ashburton? The free selling guide
Ashburton and Malvern East side by side
| Measure | Ashburton | Malvern East |
|---|---|---|
| Price and market | ||
| Median house | $1,905,000 | $2,437,500 |
| Median unit | $1,740,000 | $541,000 |
| Renting | ||
| House rent | $650/wk | $750/wk |
| Unit rent | $570/wk | $600/wk |
| Owner occupied | 73.0% | 67.0% |
| Renter occupied | 25.0% | 31.0% |
| Schools | ||
| Schools nearby | 20 | 20 |
| Average ICSEA | 1137 | 1136 |
| Lifestyle and people | ||
| Walk score | 100 | 100 |
| Transit score | 20 | 70 |
| Bike score | 100 | 100 |
| Population | 7,952 | 22,296 |
| Median age | 41 | 38 |
| Climate | ||
| Annual rainfall | 732 mm | 673 mm |
| Mean max, January | 26.6°C | 26.4°C |
Green dot: better on that measure (lower price, higher growth, higher walkability, lower risk). Each suburb’s profile gives the source and period of its figures.
Which suits whom
On school quality, the average ICSEA across schools serving Ashburton (1137) sits above Malvern East (1136).
- For buyers
- Ashburton is the lower entry point at $1,905,000 median, 22% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
- For investors
- Ashburton offers the higher gross rental yield (1.77% vs 1.60%), favouring cash-flow investors.
- For families
- Ashburton edges out on average school ICSEA (1137 vs 1136). Ashburton also has a higher family-household share (78% vs 68%), so the catchment community skews family-heavy.
Ashburton vs Malvern East: common questions
Is Ashburton or Malvern East cheaper to buy in?
Ashburton has the lower median house price at $1,905,000, roughly 22% below Malvern East ($2,437,500). The gap on units is usually similar but worth checking on the full suburb profiles.
Does Ashburton or Malvern East have better schools?
On average school ICSEA (the ACARA index that benchmarks educational advantage), Ashburton scores 1137 vs 1136 in Malvern East. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.
Which suburb has higher rental yield, Ashburton or Malvern East?
Gross rental yield on houses is 1.77% in Ashburton vs 1.60% in Malvern East. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.
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