Malvern at a glance
Median house
$2,500,000
Median unit
$625,000
Walk score
100
Walker's paradise
Population
10.8k
Median age 44
The brief
What to know about Malvern.
The postcode for Malvern is 3144 (VIC), part of Greater Melbourne.
The median house price in Malvern is $2,500,000.
Malvern (3144) 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 10,763 residents, with an established, older skew. Households are dominated by renters. Day-to-day life here is very walkable, with most errands manageable on foot.
Side by side
Compare Malvern with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Malvern 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 5 government primary, 2 government secondary, 7 Catholic, 6 independent.
Who lives here
Demographics.
The 2021 Census put Malvern's population at 10,763, with a median age of 44. That sits as an established, older skew.
Population
10,763
Median age
44
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)
$1000/wk
Weekly rent (unit)
$600/wk
Owner occupied
–
Renter occupied
–
At a deeper level
$2,500,000
$625,000
10,763
Median age: 44
Rental data as of September 2025· rental-vic
Free appraisal
What’s your home worth in Malvern?
A local agent who actually sells in Malvern will give you an honest number, backed by recent comparable sales. Free, no commitment to list.
Free guide · 2026 edition
Thinking of selling in Malvern?
The complete guide to selling: what it costs, how agents price your home, and a 12-week plan to settlement. Personalised to Malvern, free, in 60 seconds.
Free guide · 2026 edition
Thinking of buying in Malvern?
What you can actually spend, the 2026 first home buyer schemes for your state, and how not to overpay. A free buying guide, in about 60 seconds.
Get property alerts for Malvern
Be the first to know when new listings hit the market.
For investors
Investment overview.
Gross rental yield on houses sits at 2.08% (median rent $1000/wk against a $2,500,000 price tag). Units yield 4.99% gross, often the better cash-flow play for first-time investors.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.08%
Based on $2,500,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20264.99%
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.
Safety
Crime and safety.
682
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
100
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Malvern.
Local schools for Malvern
View the catchment for each school to find out more.
Government School Catchment
Malvern Central School
Armadale Primary School
Malvern 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.
- What is the median house price in Malvern?
- The median house price in Malvern, VIC 3144 is $2,500,000. The median unit price is $625,000.
- What is the Malvern postcode?
- Malvern is in the 3144 postcode, in VIC, in the City of Stonnington region.
- Where is Malvern?
- Malvern is a suburb of Melbourne, in VIC 3144. It is part of the Greater Melbourne area, in the City of Stonnington region.
- What is the average rent in Malvern?
- The median weekly rent for houses is $1000, for units it's $600.
- What schools are in Malvern?
- There are 20 schools serving Malvern on this page, including Malvern Central School, De La Salle College, St Joseph's School.
- How walkable is Malvern?
- Malvern has a Walk Score of 100 out of 100, very walkable. transit score 100, bike score 100.
- What suburbs are near Malvern?
- Malvern is close to Malvern North, Wattletree Road Po, Armadale North, Armadale, Central Park.
- What is the population of Malvern?
- The population of Malvern is approximately 10,763 (2021 Census). The median age is 44.
For Sale
Malvern
Buying
Selling
Surrounding Suburbs
Side by side
Compare Malvern vs a nearby suburb
See median prices, growth, schools, walkability and risk side by side in one view.
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 →
Always dated
Every figure on this page carries its source and as-of date in a tooltip. If a figure looks off to you, tell us and we’ll fix it within a week.
No login
No paywall, no sign-up, no download form. The suburb data is the product. We earn from partner brokers and agents on the rare occasion you ask for one.
Thinking about selling in Malvern?
The complete selling guide, personalised to Malvern: what it really costs, how agents price homes here, and a 12-week plan to settlement. Free PDF, 60 seconds.
Get the free selling guide