Malvern, a charming suburb located in Melbourne, Victoria, is known for its leafy streets, historic architecture, and a vibrant community atmosphere. With a blend of suburban tranquillity and close proximity to the bustling city, Malvern offers a comfortable lifestyle ideal for families, young professionals, and retirees. This article highlights the best residential areas within Malvern, detailing their unique characteristics, housing options, price ranges, and the services available.
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Malvern East
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Malvern East is a family-friendly suburb featuring spacious parks, excellent schools, and a strong community spirit. It's known for its quiet ambience and access to public transport, making it convenient for commuting to the CBD.
Characteristics of the Malvern East
* Culture: Strong focus on families and community events, local markets
* Transportation: Well-connected by train (Malvern East Station) and bus services
* Services: Variety of shops, supermarkets, schools, and recreational facilities
* Environment: Peaceful and suburban, with tree-lined streets
Housing Options in the Malvern East
Family homes, Units, Townhouses
Average Home Prices in the Malvern East
* Buying: $1,200,000 – $1,800,000
* Renting: $700 – $1,200/month
Malvern Central
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Malvern Central is the heart of the suburb with vibrant shopping precincts, cafes, and restaurants. It offers a dynamic lifestyle with easy access to all necessary amenities, ideal for those seeking convenience.
Characteristics of the Malvern Central
* Culture: Bustling with cafes, boutiques, and community events
* Transportation: Direct access to Malvern Station, tram services on Malvern Road
* Services: Extensive shopping options, medical facilities, recreational parks
* Environment: Lively with a modern urban feel
Housing Options in the Malvern Central
Apartments, Units, Heritage homes
Average Home Prices in the Malvern Central
* Buying: $1,000,000 – $1,500,000
* Renting: $800 – $1,500/month
Malvern North
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Malvern North offers a beautiful mix of residential properties and green spaces. Known for its charm, it attracts families and professionals looking for a serene environment with easy access to the city.
Characteristics of the Malvern North
* Culture: Community-oriented with a focus on sustainability and greenery
* Transportation: Close to tram lines, with easy bus connectivity
* Services: Local cafes, parks, schools, and community centres
* Environment: Tranquil and family-centric
Housing Options in the Malvern North
Large family homes, Townhouses
Average Home Prices in the Malvern North
* Buying: $1,500,000 – $2,200,000
* Renting: $900 – $1,600/month
Malvern South
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Malvern South is known for its more spacious properties and luxury homes. It's a sought-after area that offers a blend of elegant residences and a relaxed lifestyle.
Characteristics of the Malvern South
* Culture: Upscale living with proximity to elite private schools
* Transportation: Access to train stations and bus routes for easy commuting
* Services: High-end shopping, fine dining, and professional services
* Environment: Affluent and picturesque
Housing Options in the Malvern South
Luxury homes, Modern townhouses
Average Home Prices in the Malvern South
* Buying: $2,000,000 – $3,000,000
* Renting: $1,500 – $2,200/month
Glen Iris
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Glen Iris borders Malvern and provides residents with ample parklands and recreational facilities. It's well-regarded for its family-friendly atmosphere and strong community ties.
Characteristics of the Glen Iris
* Culture: Community events, local art scene
* Transportation: Multiple train and tram options available
* Services: Schools, parks, cafes, and local shops
* Environment: Wholesome and active
Housing Options in the Glen Iris
Heritage homes, New builds, Units
Average Home Prices in the Glen Iris
* Buying: $1,100,000 – $1,800,000
* Renting: $750 – $1,200/month
Camberwell
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Camberwell is just a stone's throw from Malvern and is famous for its market, lush parklands, and vibrant community. The suburb is ideal for those who desire a suburban lifestyle with city conveniences.
Characteristics of the Camberwell
* Culture: Diverse cultural offerings and strong local community
* Transportation: Trains, trams, and buses ensure easy transport
* Services: Wide range of restaurants, boutique shops, and entertainment
* Environment: Friendly and vibrant
Housing Options in the Camberwell
Period homes, Modern apartments
Average Home Prices in the Camberwell
* Buying: $1,300,000 – $2,500,000
* Renting: $800 – $1,400/month
Frequently Asked Questions About the Best Residential Areas in Malvern:
The best residential areas in Malvern include Malvern East, Malvern Central, Malvern North, Malvern South, Glen Iris, and Camberwell.
Malvern East and Malvern North are particularly family-friendly, with good schools, parks, and a community atmosphere.
Malvern South is known for its luxury homes and spacious properties, making it an ideal area for those seeking upscale living.
Average property prices in Malvern vary, ranging from around $1,000,000 to $3,000,000 depending on the suburb and type of dwelling.
Malvern has excellent public transport options, including several train stations and tram services that provide easy access to the Melbourne CBD.
Yes, Malvern is home to several reputable primary and secondary schools, making it a popular choice for families.
Residents can expect a relaxed suburban lifestyle with close-knit community events, ample green spaces, and vibrant local amenities.
Homes in Malvern are frequently listed, and buyers can often find open homes and auctions, although competition can be fierce.
Rental prices vary widely, typically ranging from $700 to $2,200 per month, depending on the area and property type.
Yes, Malvern is a sought-after suburb with strong demand for housing, making it a potentially good investment for capital growth.
Conclusion on the Best Residential Areas in Malvern:
Malvern is a picturesque suburb offering a diverse range of residential areas that cater to different lifestyles and preferences. With its blend of historical charm and modern conveniences, Malvern provides an appealing option for families, professionals, and retirees alike. Whether you choose the leafy tranquillity of Malvern East or the vibrant central hub, each area has its unique features and advantages. Given its proximity to Melbourne's CBD and extensive amenities, Malvern not only enhances your quality of life but also represents a sound investment opportunity in the ever-growing Melbourne housing market.
About the Author
Published by:Eribert De Oliveira
Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.