City of Stonnington
Malvern
Malvern at a glance
Median house
$2,500,000
Median unit
$625,000
Population
9,376
Median age 38
The brief
What to know about Malvern.
Malvern (3143) sits in the Stonnington region of Victoria. The median house here is $2,500,000, well above the Victoria median of around $850K.
Malvern has roughly 9,376 residents, with a typical family-age mix. Households are dominated by renters.
Who lives here
Demographics.
The 2021 Census put Malvern's population at 9,376, with a median age of 38. That sits as a typical family-age mix.
Population
9,376
Median age
38
Family households
–
Lone person
–
Houses change hands at $2,500,000 on a typical sale, well above the Victoria median. Units come in around $625,000, roughly 75% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $500,000. 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
$2,500,000
+0.0% over the past year. Median unit price $625,000.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$421/wk
Weekly rent (unit)
$358/wk
Owner occupied
–
Renter occupied
–
At a deeper level
$2,500,000
$625,000
9,376
Median age: 38
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For investors
Investment overview.
Gross rental yield on houses sits at 0.88% (median rent $421/wk against a $2,500,000 price tag). Units yield 2.98% gross, often the better cash-flow play for first-time investors.
Gross Yield (House)
Source: Land Victoria / DTP · May 20260.88%
Based on $2,500,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20262.98%
Based on $625,000 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–
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.
Place
Location.
Amenities
Transport
Nearby suburbs
Education
Schools in Malvern.
Frequently asked
About Malvern.
- What is the median house price in Malvern?
- The median house price in Malvern, VIC 3143 is $2,500,000. The median unit price is $625,000. Annual growth is +0.0%.
- What is the Malvern postcode?
- Malvern is in the 3143 postcode, in VIC, in the City of Stonnington region.
- What is the average rent in Malvern?
- The median weekly rent for houses is $421, for units it's $358.
- What is the population of Malvern?
- Malvern has approximately 9,376 residents. The median age is 38.
Malvern
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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