Average rent in Malvern East, VIC — 2026

Malvern East commands one of the higher rent points in Victoria, with the typical renter paying $421/week — about 16% above the state median of $363/week (ABS Census 2021). Unlike inner-city renter hubs, this suburb skews owner-occupier (67% own outright or with a mortgage), and the housing stock is overwhelmingly separate houses (53%). The renter cohort is smaller but rent itself tends to be sticky — there's typically less turnover than in higher-density nearby suburbs. Population sits around 21,923, the median age is 38, and the most common occupation category is Professionals. Malvern East is 12km from Melbourne. If you're searching here, expect longer search times and tighter inspection windows than denser markets nearby.