$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.
Malvern · Suburb / Locality
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.
All suburb / locality areas, 2021. The marker is Malvern — higher than 88% of areas.
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.
Median weekly rent paid by households renting their home.
$3,057 ▲ +9.2%
Higher than 92% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Malvern, the largest group is $350–$549 at 46%, followed by $750 or more (18%) and $200–$349 (17%).
In Malvern, $3,000 or more is the majority at 54%; $1,800–$2,999 is next at 19%.
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.
Share of occupied private dwellings that are rented.
41.9% ▲ +1.3%
Higher than 52% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Malvern, the largest group is Owned outright at 42%, followed by Owned with a mortgage (28%) and Rented (27%).
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.
Average number of usual residents per bedroom — a crowding measure.
45.8% ▼ -16.0%
Lower than 93% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
58.3% ▲ +0.5%
Lower than 87% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Malvern, the largest group is Separate house at 46%, followed by Flat or apartment (31%) and Townhouse / semi-detached (19%).
Malvern splits fairly evenly between 2 bedrooms (32%) and 3 bedrooms (31%), with 4 bedrooms at 22%.
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