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Serving up a steady supply of restaurants, bars and cafes, the always popular Malvern and Malvern East suburbs know how to entertain - and the locals love it.
Cleverly mixing the old with the new, streets are filled with heritage architecture and new businesses. Sitting only 8km from Melbourne CBD, Malvern and Malvern East is a popular choice for young families and professionals looking for a vibrant lifestyle.
Living in Malvern or Malvern East, you’ll be surrounded by plenty of families drawn here by the friendly, safe streets and the wide selection of respected schools. The frequent trains from Malvern Station and a selection of tram routes also means many young professionals love the convenience of being this close to the city.
With plenty of contemporary apartments popping up, Malvern and Malvern East is gaining a more youthful influence captured by the cafe scene. While primarily family focused, the suburb ensures there’s plenty to keep the younger couples and singles occupied, particularly on the weekends when the locals are out in force for a street-front coffee and a spot of people watching.
Choose from a swag of parks and outdoor recreation options, or head to Chadstone Shopping Centre - there’s plenty to do.
Taking into account the price premium an established suburb like Malvern and Malvern East can demand, current prices reflect the reasonable demand in the area.
With a two bedroom home currently priced at around $1.5m, the apartment market is supplying a more affordable solution. A 2 bedroom apartment in Malvern will cost around $630k with the rental cost of the same sitting at around $425 p/w. Malvern East sits a little below, with a two bedroom at $595k to purchase and $400 p/w to rent.