Malmsbury at a glance
Median house
$705,000
Median unit
$205,920
Walk score
12
Very car dependent
Population
905
Median age 45
The brief
What to know about Malmsbury.
The postcode for Malmsbury is 3446 (VIC).
The median house price in Malmsbury is $705,000.
Malmsbury (3446) sits in the Mount Alexander region of Victoria. The median house here is $705,000, below the Victoria median of around $850K.
Malmsbury has roughly 905 residents, with an established, older skew. Households are predominantly owner-occupied. Daily life is car-dependent: most residents drive to work, school and the shops.
Day to day
What it’s like to live here.
Malmsbury scores 12/100 on walkability, which makes it car-dependent with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 30°C (warm), winter mornings around 4°C (cold). Annual rainfall lands at about 422mm. Data comes from the Bureau of Meteorology's Bendigo Airport station, 38.0km away.
Schooling within or near the suburb covers 4 government primary, 1 government secondary, 2 Catholic.
Who lives here
Demographics.
The 2021 Census put Malmsbury's population at 905, with a median age of 45. That sits as an established, older skew. Households are predominantly owner-occupied (87% own, 11% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (72% family households, 27% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
905
Median age
45
Family households
72%
Lone person
27%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $705,000 on a typical sale, below the Victoria median. Units come in around $205,920, roughly 71% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $141,000. Prices are below the Victoria median, which keeps Malmsbury on the radar for first-home buyers and right-sizers.
Market
The price of a home here.
Median house price
$705,000
+0.0% over the past year. Median unit price $205,920.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$350/wk
Weekly rent (unit)
$350/wk
Owner occupied
87%
Renter occupied
11%
At a deeper level
$705,000
$205,920
905
Median age: 45
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For investors
Investment overview.
Gross rental yield on houses sits at 2.58% (median rent $350/wk against a $705,000 price tag). Units yield 8.84% gross, often the better cash-flow play for first-time investors. Renter share is modest (11%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.58%
Based on $705,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20268.84%
Based on $205,920 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202687%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
41
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
12
0
0
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Malmsbury.
Local schools for Malmsbury
View the catchment for each school to find out more.
Government School Catchment
Malmsbury Primary School
Taradale Primary School
Langley Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
422 mm
Hottest Month (avg max)
29.8°C
Coldest Month (avg min)
3.7°C
Monthly Rainfall (mm)
Weather data from BOM station Bendigo Airport (38 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Malmsbury.
- What is the median house price in Malmsbury?
- The median house price in Malmsbury, VIC 3446 is $705,000. The median unit price is $205,920.
- What is the Malmsbury postcode?
- Malmsbury is in the 3446 postcode, in VIC, in the Mount Alexander Shire Council region.
- Where is Malmsbury?
- Malmsbury is a regional suburb in VIC, postcode 3446, in the Mount Alexander Shire Council region.
- What is the average rent in Malmsbury?
- The median weekly rent for houses is $350, for units it's $350.
- What schools are in Malmsbury?
- There are 7 schools serving Malmsbury on this page, including Malmsbury Primary School, Taradale Primary School, Langley Primary School.
- How walkable is Malmsbury?
- Malmsbury has a Walk Score of 12 out of 100, highly car-dependent. transit score 0, bike score 0.
- What suburbs are near Malmsbury?
- Malmsbury is close to Greenhill, Taradale, Edgecombe, Lauriston, Metcalfe East.
- What is the population of Malmsbury?
- The population of Malmsbury is approximately 905 (2021 Census). The median age is 45.
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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