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Suburb: Malvern
Postcode: 3144
Region: Melbourne's south-eastern suburbs
Region short: south-eastern suburbs
Office slug: fletchers-malvern
Region slug: melbourne-south-eastern-suburbs
Source: REIV market insights
Accessed: July 2026
Version: 1
Saved: 2026-08-13T00:00:00.000Z
Created: 2026-08-13T00:00:00.000Z

## Stats
Median house price: $2,400,000
Median unit price: $728,000
Clearance rate: 58.3%
Days on market: 35

## Disclaimer
REIV reports median sale prices separately for houses and units. Reporting periods and methodologies can differ by metric and provider. Suburb-level figures do not account for the substantial differences between individual properties, streets, school-zone status, land sizes and housing types. Check the date of the data and seek a property-specific assessment before making a decision.

## In brief
- Buyers come for the period homes, the schools, and Glenferrie Road.
- Malvern's median house price moves around a lot from quarter to quarter given how few sales there are, so weigh recent comparable sales more heavily than the headline figure.
- Fletchers has served Melbourne's eastern suburbs since 1919.

## In brief secondary
- Stately period homes on tree-lined streets
- Home to Cabrini Health and several well-known schools
- Zoned to Auburn High School

## Image 1
Src: https://images.squarespace-cdn.com/content/v1/60f585a00f3ae7079fb8b34c/1696494471032-4DCTFMT1ELOG2GCYGP7I/Malvern+-+Malvern+Gardens+-+1287-1295+High+Street,+Malvern,+VIC+3144+-+Townly+-+1.jpg
Alt: Malvern Gardens on Spring Road, with its fountain built on the site of a natural spring
Caption: Malvern Gardens' fountain sits on the site of a natural spring that once fed the area.

## Established family homes
Malvern's family homes are dominated by grand Edwardian and Victorian period houses, many with their original facades and detailing still intact. Renovations tend to extend rather than replace, given the heritage character of many streets, and buyers pay accordingly for a well-preserved original.

## Units and townhouses
Older art deco and 1970s walk-up unit blocks sit closer to Glenferrie Road and the station, with newer boutique apartment developments filling gaps between the period homes. Townhouses are less common here than in neighbouring Malvern East.

## Locals love
- Malvern Gardens and its historic fountain
- Glenferrie Road and Malvern Central's boutique shopping and dining
- Malvern Library
- Milton Gray Reserve
- The Malvern Cricket Ground, tucked in the heart of the suburb
- Malvern Town Hall and the surrounding civic precinct
- Cabrini Health and its community programs
- Malvern railway station for a quick run into the city
- Tree-lined streets of heritage period homes
- The Malvern Tennis Centre's synthetic grass courts

## Image 2
Src: https://www.shutterstock.com/shutterstock/photos/2315774527/display_1500/stock-photo-malvern-victoria-australia-june-grey-signage-outside-malvern-library-in-the-city-of-2315774527.jpg
Alt: Malvern Library on the corner of a busy shopping strip
Caption: Malvern Library sits within easy walking distance of Glenferrie Road's shops and cafes.

## Clubs
- Malvern Bowling Club, serving the community for over 110 years
- Malvern Cricket Club
- Malvern Tennis Centre
- Malvern Table Tennis Club
- Malvern City FC
- Rotary Club of Malvern
- De La Salle Old Collegians Associated Football Club
- St Joseph's Parish community
- Malvern Central School parent community
- Cabrini Health community fundraising groups

## Six things to check
### Confirm the school zone for the exact address
School-zone boundaries do not simply follow suburb boundaries and may change. Confirm eligibility for the specific property through Find my School before relying on a listing description or making an offer.
### Compare like with like
A suburb median combines properties of very different sizes, ages and conditions. Compare recent sales with similar land, accommodation, location, school access and renovation quality.
### Prepare before the right home appears
Well-positioned family homes can be tightly held. Having finance, conveyancing advice and a building-inspection plan organised early can help buyers act with greater confidence.
### Look beyond the property itself
Street position, traffic, orientation, nearby development and walking access to shops, parks and public transport can influence both day-to-day liveability and future buyer demand.
### Check planning and heritage controls
Heritage controls may apply to selected properties and precincts and can affect demolition, alterations or redevelopment. Obtain a planning property report for the exact address through VicPlan and seek professional planning advice where required.
### Consider the wider school network
Most suburbs sit close to a number of government and independent schools. Travel time, enrolment rules and the needs of multiple children may be just as important as distance on a map.

## Pull quote
Grand old houses that never really went out of fashion.

## Buyer groups
### Families prioritising school access
Buyers who begin with a specific school requirement and then assess accommodation, land, condition and transport within the eligible area.
### Upsizers seeking more space
Households moving from smaller homes or nearby suburbs in search of additional bedrooms, flexible living areas, outdoor space or a larger allotment.
### Local owners changing housing type
Long-term residents who want to remain close to familiar services and community connections while moving to a townhouse or unit with less maintenance.

## Schools government
- Malvern Central School
- Auburn High School
- Malvern Primary School
- Malvern Valley Primary School

## Schools independent
- De La Salle College
- Lauriston Girls' School
- Korowa Anglican Girls' School
- Sacre Coeur

## FAQ property types
Malvern is a house-dominant, heritage-flavoured market, with a smaller but genuinely active unit segment near the shops and station. Buyers after a period home should expect to compete hard given how few come to market in any given quarter.

## FAQ valuation
A useful appraisal considers recent comparable sales, land size, orientation, accommodation, condition, planning controls, school zoning and current buyer demand. Contact the local Fletchers team for a confidential, property-specific assessment.

Suburb identity

Suburb name Postcode Region (full) Region (short, used in link label)

Market snapshot

Source name Accessed date

Stats

Snapshot disclaimer

Disclaimer

In brief

Primary bullets (large text)

Secondary bullets (small text)

Image 1

Src Alt Caption

Homes and units split

Established family homes Units and townhouses

Top 10 lists

Locals love (aim for 10)

Image 2

Src Alt Caption

Clubs and community groups (aim for 10)

Six things to check

Pull quote

Quote (one line, suburb-specific)

Buyer groups

Schools

Government schools

Independent schools

Links

Agency office slug Area profile slug

Links are auto-generated in the preview from suburb name, postcode and these slugs.

FAQ

Median price answer (auto-generated)

REIV market insights report a median house sale price of $2,400,000 and a median unit sale price of $728,000. Check the date of the figures before relying on them, as market data changes and suburb medians do not provide a valuation for an individual property.

Property types answer Valuation answer

PreviewLive — updates as you edit the form

Malvern market snapshot

Source: REIV market insights, accessed July 2026

Median house price

$2,400,000

Median unit price

$728,000

Clearance rate

58.3%

Days on market

REIV reports median sale prices separately for houses and units. Reporting periods and methodologies can differ by metric and provider. Suburb-level figures do not account for the substantial differences between individual properties, streets, school-zone status, land sizes and housing types. Check the date of the data and seek a property-specific assessment before making a decision.

Malvern in brief

Buyers come for the period homes, the schools, and Glenferrie Road.
Malvern's median house price moves around a lot from quarter to quarter given how few sales there are, so weigh recent comparable sales more heavily than the headline figure.
Fletchers has served Melbourne's eastern suburbs since 1919.

Malvern Gardens on Spring Road, with its fountain built on the site of a natural spring

Malvern Gardens' fountain sits on the site of a natural spring that once fed the area.

Stately period homes on tree-lined streets
Home to Cabrini Health and several well-known schools
Zoned to Auburn High School

Different homes, different buyer markets

Established family homes

Malvern's family homes are dominated by grand Edwardian and Victorian period houses, many with their original facades and detailing still intact. Renovations tend to extend rather than replace, given the heritage character of many streets, and buyers pay accordingly for a well-preserved original.

Units and townhouses

Older art deco and 1970s walk-up unit blocks sit closer to Glenferrie Road and the station, with newer boutique apartment developments filling gaps between the period homes. Townhouses are less common here than in neighbouring Malvern East.

Top 10 things Malvern locals love

Malvern Gardens and its historic fountain
Glenferrie Road and Malvern Central's boutique shopping and dining
Malvern Library
Milton Gray Reserve
The Malvern Cricket Ground, tucked in the heart of the suburb
Malvern Town Hall and the surrounding civic precinct
Cabrini Health and its community programs
Malvern railway station for a quick run into the city
Tree-lined streets of heritage period homes
The Malvern Tennis Centre's synthetic grass courts

Malvern Library on the corner of a busy shopping strip

Malvern Library sits within easy walking distance of Glenferrie Road's shops and cafes.

Top 10 clubs and community organisations in Malvern

Malvern Bowling Club, serving the community for over 110 years
Malvern Cricket Club
Malvern Tennis Centre
Malvern Table Tennis Club
Malvern City FC
Rotary Club of Malvern
De La Salle Old Collegians Associated Football Club
St Joseph's Parish community
Malvern Central School parent community
Cabrini Health community fundraising groups

Six things to check before buying in Malvern

01 Confirm the school zone for the exact address

School-zone boundaries do not simply follow suburb boundaries and may change. Confirm eligibility for the specific property through Find my School before relying on a listing description or making an offer.

02 Compare like with like

A suburb median combines properties of very different sizes, ages and conditions. Compare recent sales with similar land, accommodation, location, school access and renovation quality.

03 Prepare before the right home appears

Well-positioned family homes can be tightly held. Having finance, conveyancing advice and a building-inspection plan organised early can help buyers act with greater confidence.

04 Look beyond the property itself

Street position, traffic, orientation, nearby development and walking access to shops, parks and public transport can influence both day-to-day liveability and future buyer demand.

05 Check planning and heritage controls

Heritage controls may apply to selected properties and precincts and can affect demolition, alterations or redevelopment. Obtain a planning property report for the exact address through VicPlan and seek professional planning advice where required.

06 Consider the wider school network

Most suburbs sit close to a number of government and independent schools. Travel time, enrolment rules and the needs of multiple children may be just as important as distance on a map.

Grand old houses that never really went out of fashion.

Common buyer groups in Malvern

Common buyer profiles encountered in the local market may include:

Families prioritising school access

Buyers who begin with a specific school requirement and then assess accommodation, land, condition and transport within the eligible area.

Upsizers seeking more space

Households moving from smaller homes or nearby suburbs in search of additional bedrooms, flexible living areas, outdoor space or a larger allotment.

Local owners changing housing type

Long-term residents who want to remain close to familiar services and community connections while moving to a townhouse or unit with less maintenance.

Schools in and around Malvern

Government schools

• Malvern Central School

• Auburn High School

• Malvern Primary School

• Malvern Valley Primary School

Independent schools nearby

• De La Salle College

• Lauriston Girls' School

• Korowa Anglican Girls' School

• Sacre Coeur

This is a general proximity list, not an enrolment or zoning guarantee. Confirm government-school eligibility for the specific address and contact individual schools regarding enrolment requirements.

Where to go from here

Houses for sale in Malvern →Recent sales in Malvern →Fletchers Malvern office →More south-eastern suburbs guides →All Fletchers suburb guides →

Questions about buying or selling in Malvern

What is the median house price in Malvern?

What types of properties are available in Malvern?

Malvern is a house-dominant, heritage-flavoured market, with a smaller but genuinely active unit segment near the shops and station. Buyers after a period home should expect to compete hard given how few come to market in any given quarter.

How do I find out what my Malvern property is worth?

A useful appraisal considers recent comparable sales, land size, orientation, accommodation, condition, planning controls, school zoning and current buyer demand. Contact the local Fletchers team for a confidential, property-specific assessment.