Malvern East is another pocket benefiting from the flight to quality and affordability playing out right now. Buyers want solid, well-constructed homes with genuine outdoor space and privacy, and parking remains a real consideration here too, even with good transport options nearby.
The standout result is in units, up 17.5 per cent this year, the strongest movement across this pocket, and clearing at a strong 77.9 per cent. Houses remain the volume leader with 265 sales, even as prices ease slightly and clearance settles at 67.4 per cent for the year overall.
As Melbourne's mood lifts heading into spring and finals season, buyers are looking to move before the market shifts further. Malvern East's unit strength shows genuine buyer conviction extending well beyond the traditional house-and-garden format that usually defines this pocket.
Median sale price for houses in Malvern East is $1,967,500, up 2.1% from last year.
Median sale price for units in Malvern East is $600,000, up 11.0% from last year.
Properties sold for houses in Malvern East is 258, down 12.8% from last year.
Properties sold for units in Malvern East is 194, down 13.4% from last year.
Auction clearance for houses in Malvern East is 66.7%, down 10.4% from last year.
Auction clearance for units in Malvern East is 78.5%, up 16.9% from last year.
Av days on market for houses in Malvern East is 43, up 26.5% from last year.
Av days on market for units in Malvern East is 35, down 22.2% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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