Search

Malvern East

The Malvern East property market has eased slightly over the past 12 months to August 2019.

There have been 461 properties listed over the past 12 months, while 272 have sold. This compares to 566 listings for the same time last year, and 399 sales.

The current median sales price of a house in Malvern East is $1,750,000. This represents a fairly consistent movement of 0.7% over the past 12 months.

The time it takes to sell a house in Malvern East is currently 28 days. This timing is 0 days higher than a typical 4 week auction campaign.

For apartments, the median sales price is $638,250. Apartment prices have declined by -1.7% over the past 12 months. The time it takes to sell a unit in Malvern East is currently 36 days.

MICRO-SUBURBS
Median (# Sales)
HousesUnits
1$1,922,500
(82)
$656,000
(73)
2$1,325,944
(48)
$642,500
(38)
3$2,730,000
(28)
$468,050
(34)

Median Sales

House
Unit
$1,737,500

Aug 2018
(12 months)

$1,750,000

Aug 2019
(12 months)

$649,500

Aug 2018
(12 months)

$638,250

Aug 2019
(12 months)

 HouseMedian Sales Price Change inHouseMedian Sales Price

Number of Sales

254
Aug 2018
(12 months)
169
Aug 2019
(12 months)

-33.5%

MOVEMENT


145
Aug 2018
(12 months)
103
Aug 2019
(12 months)

-29%

MOVEMENT

Number of Listings

 House Listings Unit Listings
209
254
31
Days on Market

Rentals

Rental Yield

1.9%

Median Asking Rent

$650
per week

Percentage Rented

HOUSES & UNITS
32.2%

Rental Yield

3.5%

Median Asking Rent

$420
per week

Population

Population
21,713

Family Composition

CHILDLESS COUPLE

34.2%

COUPLES WITH CHILDREN

52.2%

SINGLE PARENTS

11.1%

OTHER

2.5%

Tenure Type

RENTING

32.2%

OWNS OUTRIGHT

35.1%

PURCHASING

29.8%

OTHER

0%

Definitions and Disclaimers

Sales metrics are for the period 1 Sep 18 - Aug 19 unless otherwise stated. For listings, 1 Nov 18 - Oct 19.

The CoreLogic Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While CoreLogic uses commercially reasonable efforts to ensure the CoreLogic Data is current, CoreLogic does not warrant the accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the CoreLogic Data.

The State of Victoria owns the copyright in the Property Sales Data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the Property Sales Data and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.