$421 ▲ +20.3%
Higher than 86% of suburb / locality areas.
- 2011: $350
- 2016: $390
- 2021: $421
Median weekly rent paid by households renting their home.
Malvern East · Suburb / Locality
Where and how people live — the homes, how they are held, and what they cost.
A typical monthly mortgage payment of $2,944 in Malvern East is well above the Victorian figure, highlighting a significant cost gap. This is an expensive area where housing costs are much higher than most other places. While many homes are owned outright, there is also a notable proportion of renters.
All suburb / locality areas, 2021. The marker is Malvern East — higher than 86% of areas.
Rents, mortgages and crowding.
Monthly mortgage payments are among the highest for this type of area, sitting $1,085 above the Victorian typical. Weekly rents are also much higher than most areas, with a typical payment of $421.
$421 ▲ +20.3%
Higher than 86% of suburb / locality areas.
Median weekly rent paid by households renting their home.
$2,944 ▲ +22.7%
Higher than 91% of suburb / locality 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 35.6% of homes are owned outright, which is well above the national figure of 31%. Meanwhile, 30.9% of households rent, a rate that is much higher than most other similar areas.
30.9% ▲ +6.4%
Higher than 80% of suburb / locality areas.
Share of occupied private dwellings that are rented.
35.6% ▼ -6.5%
Lower than 66% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
Malvern East splits fairly evenly between Owned outright (36%) and Owned with a mortgage (31%), with Rented at 31%.
Houses, townhouses, apartments and bedrooms.
Detached houses make up 53.2% of the area, which is far below the Victorian average of 73.4%. With only 63.9% of homes having three or more bedrooms, the area has far fewer large houses than most other places.
0.90 ▼ -18.2%
Higher than 86% of suburb / locality areas.
Average number of usual residents per bedroom — a crowding measure.
53.2% ▼ -15.2%
Lower than 91% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
63.9% ▼ -2.8%
Lower than 82% of suburb / locality 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/sal/SAL21587/malvern-east/topic/housing-dwellings