Caulfield East vs Malvern East

Caulfield East (median $1,819,000) is roughly 25% cheaper to buy into than Malvern East ($2,437,500).

Buying in Caulfield East or Malvern East?

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Selling in Caulfield East? The free selling guide

Caulfield East and Malvern East side by side

MeasureCaulfield EastMalvern East
Price and market
Median house$1,819,000$2,437,500
Median unit$943,200$541,000
Renting
House rent–$750/wk
Unit rent–$600/wk
Owner occupied51.0%67.0%
Renter occupied45.0%31.0%
Schools
Schools nearby2020
Average ICSEA11421136
Lifestyle and people
Walk score100100
Transit score10070
Bike score100100
Population1,29322,296
Median age3238
Climate
Annual rainfall673 mm673 mm
Mean max, January26.4°C26.4°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 Caulfield East (1142) sits above Malvern East (1136). Malvern East skews owner-occupied (67%), Caulfield East runs more rental-dense (51% owner).

For buyers
Caulfield East is the lower entry point at $1,819,000 median, 25% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.
For investors
Rental or growth data is incomplete for one or both suburbs. Look at the full investor view on each suburb profile for a complete picture.
For families
Caulfield East edges out on average school ICSEA (1142 vs 1136). Malvern East also has a higher family-household share (68% vs 49%), so the catchment community skews family-heavy.

Caulfield East vs Malvern East: common questions

Is Caulfield East or Malvern East cheaper to buy in?

Caulfield East has the lower median house price at $1,819,000, roughly 25% below Malvern East ($2,437,500). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Caulfield East or Malvern East have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Caulfield East scores 1142 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.