Malvern East, a wonderful suburb located in the City of Stonnington in Victoria, is known for its leafy streets, excellent schools, and vibrant community. This suburb has a combination of tranquillity and convenience, making it an attractive option for families, professionals, and retirees alike. In this article, we explore the best residential areas within Malvern East, looking at their distinct characteristics, housing options, and average prices.
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Glen Iris
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Glen Iris is a charming suburb bordering Malvern East, featuring beautiful parks and a friendly atmosphere. Home to many families and professionals, it offers easy access to train stations, cafes, and shopping facilities.
Characteristics of the Glen Iris
* Culture: Diverse community with local markets and cultural events
* Transportation: Well-serviced by the Glen Waverley train line, multiple bus routes
* Services: Grocery stores, cafes, restaurants, and local boutiques
* Environment: Family-oriented, community-friendly with green spaces
Housing Options in the Glen Iris
Victorian homes, contemporary townhouses, apartments
Average Home Prices in the Glen Iris
* Buying: $1,200,000 – $2,000,000
* Renting: $450 – $800/month
Moorabbin
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Moorabbin is another desirable suburb in proximity to Malvern East, known for its thriving retail precinct and parklands. It combines urban living with a suburban feel making it appealing to a wide demographic.
Characteristics of the Moorabbin
* Culture: Vibrant community with a mixture of local businesses and cafes
* Transportation: Convenient access to public transport including trains and buses
* Services: Comprehensive shopping options, schools, and recreational facilities
* Environment: Balanced urban-suburban feel with a friendly community
Housing Options in the Moorabbin
Single-family homes, apartments, units
Average Home Prices in the Moorabbin
* Buying: $900,000 – $1,500,000
* Renting: $400 – $700/month
East Malvern
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East Malvern is a peaceful residential enclave known for its spacious homes and proximity to excellent schools. It's perfect for families seeking quality living in a quieter setting.
Characteristics of the East Malvern
* Culture: Strong focus on family-friendly activities and community events
* Transportation: Serviced by the East Malvern train station and several bus lines
* Services: Local parks, schools, and shopping centres
* Environment: Quiet and suburban, ideal for families
Housing Options in the East Malvern
Spacious family homes, modern townhouses
Average Home Prices in the East Malvern
* Buying: $1,000,000 – $1,800,000
* Renting: $450 – $750/month
Caulfield East
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Caulfield East offers a diverse community atmosphere and is renowned for its accessibility to parks and recreational facilities. It is ideal for young families and professionals.
Characteristics of the Caulfield East
* Culture: Culturally diverse, with many local events and markets
* Transportation: Excellent transport options including tram services and trains
* Services: Schools, eateries, parks and shopping amenities
* Environment: Bustling albeit family-friendly vibe
Housing Options in the Caulfield East
Older homes, modern units, newly built townhouses
Average Home Prices in the Caulfield East
* Buying: $950,000 – $1,600,000
* Renting: $420 – $700/month
Balwyn East
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Balwyn East is celebrated for its leafy streets and family-friendly community. It provides excellent access to schools, parks, and metropolitan amenities.
Characteristics of the Balwyn East
* Culture: Proximity to cultural attractions and family-oriented events
* Transportation: Multiple bus routes and tram services available
* Services: Quality shopping, schools, and recreational facilities
* Environment: Relaxed suburban living with green surroundings
Housing Options in the Balwyn East
Family homes, smaller units, townhouses
Average Home Prices in the Balwyn East
* Buying: $1,200,000 – $2,100,000
* Renting: $500 – $900/month
Malvern
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The nearby suburb of Malvern offers an old-world charm combined with modern living. Known for its boutique shops and cafes, this suburb is favoured by young professionals and families alike.
Characteristics of the Malvern
* Culture: Trendy cafes, art galleries, and unique boutiques
* Transportation: Well-connected via Malvern train station and tram services
* Services: Numerous dining options, shopping, and excellent schools
* Environment: Vibrant lifestyle with a strong sense of community
Housing Options in the Malvern
Victorian houses, modern apartments, townhouses
Average Home Prices in the Malvern
* Buying: $1,500,000 – $2,500,000
* Renting: $600 – $1,000/month
Frequently Asked Questions About the Best Residential Areas in Malvern East:
The best residential areas in Malvern East include Glen Iris, Moorabbin, East Malvern, Caulfield East, Balwyn East, and Malvern.
East Malvern is known for its spacious homes and is considered very family-friendly.
Malvern East is rich with parks, particularly in Glen Iris and East Malvern, where families can enjoy various recreational activities.
Glen Iris and Caulfield East offer some of the best public transport options including trains and trams.
In East Malvern, the average house price ranges from $1,000,000 to $1,800,000.
Yes, Malvern East has numerous highly regarded schools that cater to both primary and secondary education.
Renting can be more affordable initially; however, the long-term investment in buying property can yield better financial returns.
The rental price range in Glen Iris is approximately $450 to $800 per month.
Malvern is known for its trendy cafes and outstanding dining options.
Moorabbin offers a variety of housing options, including single-family homes, apartments, and units.
Conclusion on the Best Residential Areas in Malvern East:
Malvern East offers a multitude of attractive residential areas each with their unique benefits, making it a great choice for various lifestyles. From the family-friendly atmosphere of East Malvern to the vibrant community in Malvern, there's something for everyone. Choosing the right suburb will depend on personal preferences, budget, and lifestyle needs, ensuring that Malvern East remains a top contender for anyone looking to reside in one of Victoria's beautiful suburban locales.
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.