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Malvern East
AREA REPORTS

Malvern East

Malvern East - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3145

house
unit

A steady increase in median property prices over a five-year period in the suburb translates to a 25.74% capital gain.

It 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 $2,125,000

The augmented property values in the suburb are trailing behind the territorial average of 18.09% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of $645.

Home owners selling their properties and realtors in MALVERN EAST usually have to wait an average of 52.0 days days before their assets are lifted off the market.

The VIC suburb ranks 575th on the list of best yielding suburbs for rental properties in VIC, posting a 1.58% return.

It also places places 646th in Australia based on median property value growth during the quarter.

Data report can be found below

Malvern East
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $2,125,000 $873,749
GROWTH REPORT
Median Quarterly 1.12% -1.77%
Median 12 month 11.84% 20.1%
Median 3 years 25.74% 35.05%
Median 5 years 34.07% 33.19%
10 years average annual 6.75% 6.04%
Weekly media advert. rent $645 $360
Time on Market 52.0 days 78.1 days
Gross Rental Yield Percent 1.58% 2.14%
demographics (median values)*
Total Population
23295
Weekly Household Income
1884
Household Size
2.60
Age
35
Monthly Loan Repayment
2400
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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