Malvern · Suburb / Locality

Housing & Dwellings in Malvern

Where and how people live — the homes, how they are held, and what they cost.

Almost 42% of homes in Malvern are owned outright, marking it as an area where many residents have fully paid off their properties. This creates a distinct housing market where high ownership rates sit alongside some of the most expensive mortgage and rent costs in the region.

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📍 Malvern, Suburb / Locality

Where Malvern sits — Median rent (weekly)

$450 ▲ +25.0%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Malvern — higher than 88% of areas.

Median rent (weekly) compared with the state and national average
Malvern$450
3144, VIC $451
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Typical monthly mortgage payments are far above the national figure at $3,057, placing Malvern among the highest for this cost. Weekly rents are also much higher than most areas, with a typical price of $450.

$450 ▲ +25.0%

Higher than 88% of suburb / locality areas.

  • 2011: $360
  • 2016: $411
  • 2021: $450

Median weekly rent paid by households renting their home.

$3,057 ▲ +9.2%

Higher than 92% of suburb / locality areas.

  • 2011: $2,800
  • 2016: $3,000
  • 2021: $3,057

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Malvern, the largest group is $350–$549 at 46%, followed by $750 or more (18%) and $200–$349 (17%).

Monthly mortgage distribution

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In Malvern, $3,000 or more is the majority at 54%; $1,800–$2,999 is next at 19%.

Owning & renting

How homes are owned or rented.

Home ownership is strong here, with 41.9% of houses owned outright, which is far above the Australian average of 31.0%. Around 26.7% of households rent, a figure that is well below the national average.

26.7% ▼ -7.3%

Higher than 74% of suburb / locality areas.

  • 2011: 28.8%
  • 2016: 30.2%
  • 2021: 26.7%

Share of occupied private dwellings that are rented.

41.9% ▲ +1.3%

Higher than 52% of suburb / locality areas.

  • 2011: 41.3%
  • 2016: 41.1%
  • 2021: 41.9%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Malvern, the largest group is Owned outright at 42%, followed by Owned with a mortgage (28%) and Rented (27%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 45.8% of homes, which is far below the state and national figures. This is consistent with a smaller share of large homes, as the 58.3% of houses with three or more bedrooms is much lower than most areas.

0.80 ▼ -27.3%

Lower than 57% of suburb / locality areas.

  • 2011: 1.10
  • 2016: 0.90
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

45.8% ▼ -16.0%

Lower than 93% of suburb / locality areas.

  • 2011: 54.5%
  • 2016: 46.2%
  • 2021: 45.8%

Share of occupied private dwellings that are separate houses.

58.3% ▲ +0.5%

Lower than 87% of suburb / locality areas.

  • 2011: 58.0%
  • 2016: 57.2%
  • 2021: 58.3%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Malvern, the largest group is Separate house at 46%, followed by Flat or apartment (31%) and Townhouse / semi-detached (19%).

Bedrooms per home

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Malvern splits fairly evenly between 2 bedrooms (32%) and 3 bedrooms (31%), with 4 bedrooms at 22%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Malvern

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Malvern [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL21586/malvern/topic/housing-dwellings