Melbourne inner south east · VIC 3145

Buyers agent in Malvern East

$1.85m, and the last twelve months took 5.2% off it.

Figures below are August 2026, suburb level, all bedroom counts. Full Stonnington council report.

Book a free call Run the Malvern East snapshot

The Malvern East numbers

Houses

$1,847,398

Typical price

$915

Weekly rent

2.58%

Gross yield

-0.6%

Growth a year, 10yr

-5.2%

Growth, last 12mth

244

Sales a year

Units

$647,714

Typical price

$602

Weekly rent

4.83%

Gross yield

-0.9%

Growth a year, 10yr

-3.7%

Growth, last 12mth

265

Sales a year

Vacancy rate 1.96% across roughly 11,531 dwellings. HtAG Analytics, suburb level, all bedroom counts. Typical price is a modelled estimate, not a median of recent sales.

The honest read

What I'd tell you over a coffee

Malvern East houses are down 5.22% over twelve months, down 3.45% a year over five, and down 0.58% a year across the whole decade.

That is a $1,847,398 asset that has cost its owners money to hold, before a single dollar of rates, insurance or interest.

The yield does not soften it. 2.58% gross, about $915 a week on nearly $1.85m.

Units are the same shape, just cheaper. $647,714, minus 0.94% a year over the decade, on a 4.83% yield.

Here is the genuinely interesting part. Rent in Malvern East has grown 3.68% a year over ten years while prices fell. That gap is the market telling you people want to live there and do not want to buy there at these prices.

Vacancy is 1.96%. Fine, not tight. 244 house sales a year across about 11,531 dwellings.

Who Malvern East suits

Owner occupiers who want Malvern East schools and Malvern East streets and have made peace with what that costs. Nothing wrong with that. Just do not let anyone tell you it is also an investment.

What I'd watch

The five year number. Minus 3.45% a year compounding is not a blip, it is a trend with a decade of context behind it. If your plan relies on this market turning, ask what specifically is going to turn it.

How I work

Flat $20,000 fee, whatever you buy and wherever it is
No commissions from agents, developers or builders
I'll tell you when a suburb doesn't stack up, including this one

How the process runs

Fair questions

Buying in Malvern East, answered

Would you buy in Malvern East?

For a home, yes, and I would negotiate hard, because a market falling 5.22% a year gives a buyer's agent something to work with. For an investment, no. I would put Craigieburn and Langwarrin next to it and let the ten year numbers argue it out.

What is a house worth in Malvern East?

About $1,847,398 as at August 2026, on roughly 244 sales a year. Units sit near $647,714 on about 265 sales.

Is rent holding up?

Better than the price. Rent has grown 3.68% a year over ten years and vacancy is 1.96%. The rental market works. The capital market has not.

Other Melbourne suburbs

Same treatment, same data, different answer in every one of them.

Thinking seriously about Malvern East? Read the full Stonnington council report before you look at a single listing.

Read the council report Book my free call