Malvern is feeling the same flight to quality shaping the wider pocket right now, with buyers prioritising solid brick, carefully built homes over anything newer or flashier. Privacy, genuine outdoor space and parking remain front of mind, even with the suburb's transport links close by and convenient.
Interestingly, it's the unit market bucking the wider trend here, up 5.7 per cent year on year and clearing at 71.8 per cent, while house prices ease 8.6 per cent and clear at a more measured 53.8 per cent for the year. Interstate buyers continue to show real interest in the area too.
As the weather warms and sentiment lifts heading into finals season, plenty of buyers are trying to move before the market shifts further. Well-presented homes that lean into genuine quality construction, rather than cosmetic flash, are the ones cutting through in Malvern right now.
Median sale price for houses in Malvern is $2,690,000, down 8.1% from last year.
Median sale price for units in Malvern is $720,000, up 1.6% from last year.
Properties sold for houses in Malvern is 130, down 1.5% from last year.
Properties sold for units in Malvern is 110, down 12.0% from last year.
Auction clearance for houses in Malvern is 53.3%, down 26.8% from last year.
Auction clearance for units in Malvern is 72.2%, up 14.7% from last year.
Av days on market for houses in Malvern is 37, up 8.8% from last year.
Av days on market for units in Malvern is 44, up 18.9% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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