Suburb / Locality · Area profile
Malvern
3 km²
Tucked into the inner suburbs of Melbourne, Malvern is a wealthy and highly educated community. It is a place of striking prosperity, where a huge proportion of residents hold university degrees and earn far above the national average. The area is notably older than most of Australia, with a large population of seniors and a smaller number of children. This combination of professional success and established living creates a sophisticated residential character.
Malvern's schools draw a community as advantaged as its high household incomes suggest.
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The typical resident is 44, making the area noticeably older than the Victorian average. Seniors aged 65 and over make up 23.0% of the population, which is well above the national figure.
About 23.9% of people were born overseas, a rate much higher than most similar areas, though still well below the state average. English, Australian, and Irish are the most common ancestries.
English is used in 80.4% of homes, but 16.2% of residents speak another language, which is much higher than in most similar areas. Mandarin and Greek are the most common non-English languages.
Christianity is the most common affiliation at 44.7%, while 38.1% of residents report no religion, a figure that is about the same as the national average.
This is an exceptionally well-qualified community, with 53.1% of adults holding a bachelor degree or higher—far above the national figure of 26.3%. Year 12 completion is also very high at 82.7%.
Malvern is very affluent, with 43.0% of households earning $3,000 or more a week. The typical family income of $3,814 is far above the Victorian average.
Residents report fewer long-term health conditions than most areas, with 26.7% affected. Mental health conditions are also a little below the state average at 7.1%.
Volunteering is common here, with 19.7% of people helping out, which is well above the national figure. More people provide unpaid care compared to most similar areas.
There are 32 Aboriginal and Torres Strait Islander people in the area. This group is noticeably older than the national average, with a typical age of 31 and a very high Year 12 completion rate of 83.3%.
The area has a high number of people living alone (31.7%) and smaller households than usual, with only 2.3 people per home.
Homes are often owned outright (41.9%), and typical monthly mortgage payments are among the highest at $3,057. Detached houses are far less common here than across the state.
Working from home is very common at 43.6%, far above the national figure. The area is exceptionally well-served by public transport, with a three-minute walk to the nearest stop.
The community is quite mobile, with 38.6% of people moving in the last five years. Recent arrivals from overseas make up 13.6% of the population.
Employment is high, with 61.4% of people working full-time. Most residents work in professional, technical, or health care roles.
This is a walker's paradise, where 100% of homes are within a 15-minute walk of groceries, health services, and public transport.
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