$410 ▲ +20.2%
Higher than 67% of statistical area 2 (sa2) areas.
- 2011: $341
- 2016: $381
- 2021: $410
Median weekly rent paid by households renting their home.
Malvern - Glen Iris · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Typical monthly home-loan payments of $2,800 are among the highest for this level in Malvern - Glen Iris. This is a costly area where both mortgage and rent payments sit well above the state and national figures. While many residents own their homes outright, there is also a significant number of renters.
All statistical area 2 (sa2) areas, 2021. The marker is Malvern - Glen Iris — higher than 67% of areas.
Rents, mortgages and crowding.
Monthly mortgage payments are well above the Victorian figure of $1,859, having risen by $300 since 2011. Typical weekly rents are also a little above the national figure at $410, which is an increase of $69 over the last decade.
$410 ▲ +20.2%
Higher than 67% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,800 ▲ +12.0%
Higher than 92% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Malvern - Glen Iris, the largest group is $350–$549 at 45%, followed by $200–$349 (23%) and $750 or more (14%).
In Malvern - Glen Iris, the largest group is $3,000 or more at 48%, followed by $1,800–$2,999 (24%) and $1,000–$1,799 (15%).
How homes are owned or rented.
Home ownership is strong, with 35.8% of homes owned outright, a figure well above the Australian average. Renting is also more common here than in most areas, though the share of renters fell slightly to 31.8% since 2011.
31.8% ▼ -4.7%
Higher than 63% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
35.8% ▲ +0.1%
Higher than 61% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
Malvern - Glen Iris splits fairly evenly between Owned outright (36%) and Rented (32%), with Owned with a mortgage at 29%.
Houses, townhouses, apartments and bedrooms.
Separate houses are far less common here than across Victoria, making up only 39.2% of homes. This explains why the area has far fewer three-bedroom homes than the national average, with 41.4% of dwellings being flats or apartments.
0.90 ▼ -18.2%
Higher than 86% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
39.2% ▼ -15.0%
Lower than 90% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
53.1% ▲ +1.9%
Lower than 88% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
Malvern - Glen Iris splits fairly evenly between Flat or apartment (41%) and Separate house (39%), with Townhouse / semi-detached at 18%.
In Malvern - Glen Iris, the largest group is 2 bedrooms at 35%, followed by 3 bedrooms (29%) and 4 bedrooms (19%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Malvern - Glen Iris [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/208041194/malvern-glen-iris/topic/housing-dwellings