Side by sideSuburb comparison

Fullarton vs Malvern.

Comparing two suburbs with median house prices of $1,951,500 and $2,650,750. Fullarton edges out on more headline metrics in this comparison.

Fullarton (median $1,951,500) is roughly 26% cheaper to buy into than Malvern ($2,650,750). Over the past year, Fullarton (+12.5%) ran 27.4 percentage points ahead of Malvern (-14.9%) on house-price growth.

Fullarton scores higher on walkability (58/100 vs 38/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Fullarton (1125) sits above Malvern (1124). Malvern skews owner-occupied (80%), Fullarton runs more rental-dense (59% owner).

The takeWhich suburb suits which buyer

For buyers

Fullarton is the lower entry point at $1,951,500 median, 26% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Fullarton carries both higher gross yield (2.26% vs 2.06%) and stronger 12-month growth. On the headline numbers, it's the cleaner investor case of the two.

For families

Fullarton edges out on average school ICSEA (1125 vs 1124). Malvern also has a higher family-household share (79% vs 61%), so the catchment community skews family-heavy.

Common questionsFullarton vs Malvern

Common questions

Is Fullarton or Malvern cheaper to buy in?

Fullarton has the lower median house price at $1,951,500, roughly 26% below Malvern ($2,650,750). The gap on units is usually similar but worth checking on the full suburb profiles.

Which has stronger property growth, Fullarton or Malvern?

Over the past 12 months, Fullarton grew +12.5% vs -14.9% in Malvern, a gap of 27.4 percentage points. Twelve-month growth can swing year to year, so weight long-run trends from the individual suburb profiles before making a buy decision.

Does Fullarton or Malvern have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Fullarton scores 1125 vs 1124 in Malvern. 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 is more walkable, Fullarton or Malvern?

Fullarton scores 58/100 on walkability vs 38/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Fullarton or Malvern?

Gross rental yield on houses is 2.26% in Fullarton vs 2.06% in Malvern. 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.

The numbers behind the take

Fullarton
Metric
Malvern

Price & Market

$1,951,500
Median house
$2,650,750
$329,040
Median unit
$377,280
+12.5%
Annual growth (house)
-14.9%
Days on market

Rental

$850/wk
Rent (house / wk)
$1050/wk
$535/wk
Rent (unit / wk)
$542/wk
59.0%
Owner occupied
80.0%
31.0%
Renter occupied
19.0%

Lifestyle & Demographics

58
Walk score
38
0
Transit score
0
100
Bike score
100
4,500
Population
2,713
44
Median age
46

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1125
Avg ICSEA
1124

Climate

448 mm
Annual rainfall
448 mm
27.9°C
Mean max (Jan)
27.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).