Malvern East
The median rent for a 2-bedroom unit in Malvern East is $600 a week for leases that started in the year to September 2025, up 3.4% on a year earlier. That is 9% above the typical 2-bedroom unit rent across Melbourne ($550). The median sale price in the Mar 2026 quarter was $2,175,000 for a house and $657,500 for a unit. A year of rent for that home is about 5.0% of its median sale price (gross rental yield).
Median rent in Malvern East
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $480 | +4.3% | 194 |
| 2-bedroom unit | $600 | +3.4% | 357 |
| 3-bedroom unit | $800 | +1.3% | 73 |
| 2-bedroom house | $650 | +1.1% | 36 |
| 3-bedroom house | $750 | -3.8% | 119 |
| 4-bedroom house | $1,150 | 0.0% | 61 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $2,175,000 | Mar 2026 quarter |
| Unit | $657,500 | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Brunswick $600 a week
- Camberwell $600 a week
- Carlton North $600 a week
- Elsternwick $600 a week
- Glen Iris $600 a week
- Hawthorn $600 a week