Average rent in Malvern - Glen Iris, VIC — 2026
Malvern - Glen Iris sits in the Stonnington local government area, 9km from the Melbourne CBD, with a population of around 20,239 at the most recent ABS Census (2021). The typical renter pays $410/week — above the Victoria state median of $363/week. 32% of households rent, and the rest own outright or are paying off a mortgage.
$410/wk
ABS 2021 Census median
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Suburb at a glance
- Population
- 20,239
- Median age
- 40
- Distance to Melbourne
- 9 km
- Households renting
- 32%
- Separate houses
- 39%
- Flats / apartments
- 41%
- Born overseas
- 27%
- Top occupation
- Professionals
- LGA
- Stonnington
ABS 2021
Renting in Malvern - Glen Iris
Renting in Malvern - Glen Iris costs more than most of Victoria — the typical renter pays $410/week, which is 13% above the state median of $363/week (ABS Census 2021). The suburb is mostly renters (32%) living mostly in flats and apartments (41%), which fits the inner-Melbourne pattern. About 27% of residents were born overseas, and Professionals is the biggest occupation category. Malvern - Glen Iris is 9km from the CBD — close to jobs, transit, and the kind of inner-city amenity that pushes rent up. Applications close fast and competition is real. State rent indices have moved a lot since 2021, so the live figure above matters more than the Census baseline.
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