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Suburb identity
Market snapshot
Stats
Snapshot disclaimer
In brief
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Secondary bullets (small text)
Image 1
Homes and units split
Top 10 lists
Locals love (aim for 10)
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Clubs and community groups (aim for 10)
Six things to check
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Pull quote
Buyer groups
Schools
Government schools
Independent schools
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FAQ
Median price answer (auto-generated)
REIV market insights report a median house sale price of $1,700,000 and a median unit sale price of $631,000. 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.
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Malvern East market snapshot

Source: REIV market insights, accessed July 2026
Median house price
$1,700,000
Median unit price
$631,000
Clearance rate
60%
Days on market
32
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 East in brief

  • Buyers come for Chadstone, the schools, and the genuine mix of house and unit stock.
  • Malvern East covers a lot of ground, from the Chadstone fringe to the Gardiners Creek side, so treat the suburb median as a starting point rather than the answer.
  • Fletchers has served Melbourne's eastern suburbs since 1919.
The Urban Forest Reserve, a green corridor through Malvern East
The Urban Forest Reserve offers a shaded walking loop away from the traffic on Wattletree Road.
  • Home to the Chadstone Shopping Centre fringe
  • A genuine mix of house and unit stock
  • Zoned to Auburn High School

Different homes, different buyer markets

Established family homes

Family homes in Malvern East range from Californian bungalows and post-war brick veneer through to larger, more recent rebuilds, especially in the streets nearer Central Park and Gardiners Creek. The suburb covers enough ground that house character shifts noticeably from one pocket to the next.

Units and townhouses

Malvern East has a genuinely large unit and townhouse market, from older blocks near Chadstone through to newer developments aimed at downsizers and first home buyers. It remains one of the more accessible entry points into the wider Stonnington area for this kind of property.


Top 10 things Malvern East locals love

  1. The Urban Forest Reserve's walking loop
  2. The Duldig Studio, a home, gallery and sculpture garden open to the public
  3. Phoenix Park's adventure playground
  4. Central Park and Hedgeley Dene Gardens
  5. Waverley Oval, home to local football and cricket clubs
  6. Proximity to Chadstone Shopping Centre
  7. Darling and East Malvern railway stations
  8. The Malvern Valley Public Golf Course
  9. The Buddhist Society of Victoria, the oldest Buddhist institution in the state
  10. A genuine mix of established houses, townhouses and units
The Duldig Studio gallery, the former home and studio of artist Slawa Duldig
The Duldig Studio preserves the home, gallery and sculpture garden of artist and inventor Slawa Duldig.

Top 10 clubs and community organisations in Malvern East

  1. East Malvern Football Club, the Panthers
  2. Malvern Valley Cricket Club, based at Basil Park Reserve
  3. Old Scotch Football Club, playing at Waverley Oval
  4. East Malvern Tennis Club
  5. De La Salle Old Collegians Associated Football Club
  6. Rotary Club of Chadstone and East Malvern
  7. The Buddhist Society of Victoria
  8. St Mary's Parish community
  9. Duldig Studio's volunteer guides and cultural programs
  10. Malvern Valley Primary School parent community

Six things to check before buying in Malvern East

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.
Chadstone at one end, Gardiners Creek at the other, family homes in between.

Common buyer groups in Malvern East

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 East

Government schools
•  Malvern Primary School
•  Malvern Valley Primary School
•  Auburn High School
•  Malvern Central School
Independent schools nearby
•  St Mary's School
•  Holy Eucharist Campus, De La Salle College
•  Korowa Anglican Girls' School
•  De La Salle College

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


Questions about buying or selling in Malvern East

What is the median house price in Malvern East?
REIV market insights report a median house sale price of $1,700,000 and a median unit sale price of $631,000. 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.
What types of properties are available in Malvern East?
Malvern East has a healthier mix of houses, units and townhouses than most of its neighbours, giving buyers genuine choice at different price points. The trade-off is that the suburb median blends quite different pockets, so comparable sales matter more than usual here.
How do I find out what my Malvern East 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.