Malvern suburb profile
Malvern is an inner southern Adelaide suburb in the City of Unley, known for its leafy, tree-lined streets and a strong presence of early 20th-century homes, from weatherboard cottages to Edwardian and bungalow styles. It feels quietly residential, popular with professionals and families who want close-in convenience without inner-city density, and the housing mix leans to single-storey period homes with pockets of low-rise infill and modern townhouses. Residents rely on nearby Unley and Goodwood for cafes, shops and services, enjoy local parks and sporting grounds, and benefit from straightforward public transport and road links into the city.
Malvern property market performance
Current median dwelling price$5,203,750Past 3 months
Property growth-0.2%Past 12 months
Malvern has relatively few recent property sales, so there isn't enough data to publish a reliable median price for houses or units. Available figures show house values rose sharply, up 10.4% over the last 12 months. In the past three months eight houses and two units were sold, and houses sold in a median of 75 days.
The rental market in Malvern shows average house rents at $998 a week, up a sharp 24.8% over the last 12 months. Average unit rents are $540 a week, up a modest 4.9% over the same period, so house rents grew more strongly than unit rents.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | N/A | N/A |
Change in value Past 12 months | 10.4% | N/A |
Sold Past 3 months | 8 | 2 |
Median days on market Past 12 months | 75 | N/A |
Average rent Past 12 months | $998 | $540 |
Change in rent Past 12 months | 24.8% | 4.9% |
5 year median price trend for houses and units
Malvern demographics
A community of 2,713 people, Malvern has a median age of 46 and a typical total household income of $2,655 a week, roughly $138,000 a year.
The suburb's family profile is led by couple families with children at 48.9%. Together with couple families without children (39.3%), they make up 88.2% of reported families. One-parent families account for 10.6% and other families 1.3%.
In Malvern, most homes are owner-occupied: 49.4% are owned outright and 31.3% are owned with a mortgage, so about four in five dwellings are owner-occupied while 19.3% are rented.
Suburbs near Malvern
Some popular suburbs near Malvern include:
How does Malvern compare to nearby suburbs?
- Median house prices: Malvern’s median house price is 36.4% higher than Hyde Park’s.
- House price growth: Over the past 12 months, house prices in Malvern have grown 25.5% higher than in Unley Park.
- Unit price growth: Over the past 12 months, unit prices in Malvern have grown 8.0% higher than in Parkside.
- Selling speed for houses: Properties in Malvern are selling 21.1% faster than in Unley Park.
- Investment considerations: In Malvern, the rental yield for house is 57.4% higher than the Adelaide average, while the rental yield for units is 13.4% higher.
- House price growth: Over the past 12 months, house prices in Malvern have grown 152.7% higher than the average rate of growth across Adelaide.
- Unit price growth:Over the past 12 months, unit prices in Malvern have grown 33.5% higher than the average rate of growth for units across Adelaide.

