Malvern East at a glance
Median house
$2,437,500
Median unit
$541,000
Walk score
100
Walker's paradise
Population
22.3k
Median age 38
The brief
What to know about Malvern East.
The postcode for Malvern East is 3145 (VIC), part of Greater Melbourne.
The median house price in Malvern East is $2,437,500.
Malvern East (3145) sits in the Glen Eira region of Victoria. The median house here is $2,437,500, well above the Victoria median of around $850K.
Malvern East has roughly 22,296 residents, with a typical family-age mix. Households are mostly owner-occupied. Day-to-day life here is very walkable, with most errands manageable on foot.
Side by side
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Day to day
What it’s like to live here.
Malvern East scores 100/100 on walkability, which makes it very walkable with workable public transport options. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 9 government primary, 2 government secondary, 6 Catholic, 3 independent.
Who lives here
Demographics.
The 2021 Census put Malvern East's population at 22,296, with a median age of 38. That sits as a typical family-age mix. Households are mostly owner-occupied (67% own, 31% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (68% family households, 26% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
22,296
Median age
38
Family households
68%
Lone person
26%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $2,437,500 on a typical sale, well above the Victoria median. Units come in around $541,000, roughly 78% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $488,000. Prices sit well above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Market
The price of a home here.
Median house price
$2,437,500
+0.0% over the past year. Median unit price $541,000.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$610/wk
Weekly rent (unit)
$421/wk
Owner occupied
67%
Renter occupied
31%
At a deeper level
$2,437,500
$541,000
22,296
Median age: 38
Rental data as of September 2025· rental-vic
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For investors
Investment overview.
Gross rental yield on houses sits at 1.30% (median rent $610/wk against a $2,437,500 price tag). Units yield 4.05% gross, often the better cash-flow play for first-time investors. With 31% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20261.30%
Based on $2,437,500 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20264.05%
Based on $541,000 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 202667%
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.
2,316
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.
100
70
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Malvern East.
Local schools for Malvern East
View the catchment for each school to find out more.
Government School Catchment
Lloyd Street Primary School
Solway Primary School
Murrumbeena Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Malvern East.
- What is the median house price in Malvern East?
- The median house price in Malvern East, VIC 3145 is $2,437,500. The median unit price is $541,000.
- What is the Malvern East postcode?
- Malvern East is in the 3145 postcode, in VIC, in the City of Glen Eira region.
- Where is Malvern East?
- Malvern East is a suburb of Melbourne, in VIC 3145. It is part of the Greater Melbourne area, in the City of Glen Eira region.
- What is the average rent in Malvern East?
- The median weekly rent for houses is $610, for units it's $421.
- What schools are in Malvern East?
- There are 20 schools serving Malvern East on this page, including The Currajong School, Lloyd Street Primary School, St Mary's School.
- How walkable is Malvern East?
- Malvern East has a Walk Score of 100 out of 100, very walkable. transit score 70, bike score 100.
- What suburbs are near Malvern East?
- Malvern East is close to Darling South, Darling, Caulfield East, Carnegie, Central Park.
- What is the population of Malvern East?
- The population of Malvern East is approximately 22,296 (2021 Census). The median age is 38.
For Sale
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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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