Malvern

POSTAL CODE: SA, 5061
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 8.47% capital gain.

Property investors in MALVERN enjoyed capital gains of 7.81% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $2,305,000.

Profits due to an upward trend in home prices there averaged 2.82% per annum over a 3-year period.

Home owners selling their properties and realtors in MALVERN usually have to wait an average of 98.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $1100 mark, reflecting a 2.48% increase in returns based on the current median price in MALVERN.

MALVERN, 5061 places 151st in Australia based on median property value growth during the quarter.

Surburb overview

Malvern, located in South Australia with the postcode 5061, is an affluent suburb situated approximately 5 kilometres south of Adelaide’s central business district (CBD). It is part of the City of Unley and is known for its tree-lined streets, charming period homes, and a peaceful, residential atmosphere.

Malvern has a population of around 2,500 people, with a demographic consisting largely of families, professionals, and retirees. The suburb’s proximity to Adelaide’s CBD makes it a desirable location for those seeking a tranquil lifestyle while maintaining easy access to the city’s amenities. The population is predominantly of Anglo-Celtic origin, but the suburb also attracts a growing number of younger families due to its prestigious schools and convenient location.

Public transportation in Malvern is well-serviced, with several bus routes and the Unley Road tram providing easy access to the CBD and surrounding suburbs. The area is also popular with cyclists due to its proximity to the CBD and the availability of dedicated cycling paths.

Malvern offers a range of amenities, including boutique shopping, cafés, and restaurants, many of which can be found along nearby Unley and Duthy Streets. The suburb is home to several highly regarded schools, including Concordia College and Walford Anglican School for Girls, making it an attractive location for families.

For recreation, Malvern residents can enjoy the nearby Unley Oval, which provides open green spaces for sports, walking, and picnics. Additionally, the area’s close proximity to the Adelaide Parklands and other nearby reserves offers plenty of opportunities for outdoor activities and relaxation.

Malvern’s well-preserved heritage homes, which include a mix of Federation and Victorian-style architecture, add to the suburb’s character and charm. The combination of quiet residential streets, excellent schools, and easy access to both the city and parks makes Malvern a highly sought-after suburb for those looking to enjoy a balanced, suburban lifestyle.

 

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