$421 ▲ +20.3%
Higher than 72% of statistical area 2 (sa2) areas.
- 2011: $350
- 2016: $391
- 2021: $421
Median weekly rent paid by households renting their home.
Malvern East · Statistical Area 2 (SA2)
Where and how people live — the homes, how they are held, and what they cost.
Monthly mortgage payments in Malvern East have climbed by $544 since 2011, reaching a typical $2,944. This is one of the highest figures for an area of this type, reflecting a neighborhood where housing costs are well above the state and national figures.
All statistical area 2 (sa2) areas, 2021. The marker is Malvern East — higher than 72% of areas.
Rents, mortgages and crowding.
Typical weekly rent is $421, which is a little above the figures for Victoria and Australia. For those with home loans, the typical monthly payment of $2,944 is well above the Victorian average of $1,859.
$421 ▲ +20.3%
Higher than 72% of statistical area 2 (sa2) areas.
Median weekly rent paid by households renting their home.
$2,944 ▲ +22.7%
Higher than 95% of statistical area 2 (sa2) areas.
Median monthly mortgage repayment for households with a mortgage.
In Malvern East, the largest group is $350–$549 at 46%, followed by $200–$349 (22%) and $550–$749 (15%).
In Malvern East, the largest group is $3,000 or more at 50%, followed by $1,800–$2,999 (22%) and $1,000–$1,799 (15%).
How homes are owned or rented.
About 35.3% of homes are owned outright, which is well above the national figure, though this has fallen 2.8 points since 2011. Meanwhile, the share of households renting has risen to 31.1%.
31.1% ▲ +7.0%
Higher than 62% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are rented.
35.3% ▼ -7.2%
Higher than 60% of statistical area 2 (sa2) areas.
Share of occupied private dwellings owned outright (no mortgage).
Malvern East splits fairly evenly between Owned outright (35%) and Owned with a mortgage (31%), with Rented at 31%.
Houses, townhouses, apartments and bedrooms.
Separate houses make up 53.4% of homes, a figure far below the state and national averages. This contributes to a lower proportion of homes with three or more bedrooms compared to most areas.
0.90 ▼ -18.2%
Higher than 86% of statistical area 2 (sa2) areas.
Average number of usual residents per bedroom — a crowding measure.
53.4% ▼ -15.0%
Lower than 85% of statistical area 2 (sa2) areas.
Share of occupied private dwellings that are separate houses.
63.9% ▼ -2.8%
Lower than 79% of statistical area 2 (sa2) areas.
Share of occupied private dwellings with three or more bedrooms.
In Malvern East, Separate house is the majority at 53%; Townhouse / semi-detached is next at 24%.
In Malvern East, the largest group is 3 bedrooms at 33%, followed by 2 bedrooms (26%) and 4 bedrooms (24%).
Australian Bureau of Statistics. (2021). Housing & Dwellings in Malvern East [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sa2/208041195/malvern-east/topic/housing-dwellings