Malvern is a smaller suburb in South Australia within the Unley local government area (postcode 5061). With a population of 2,713, the suburb has a mature demographic with a median age of 46. Households earn a median income of $138K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Malvern is $1.9 million, having risen modestly 0.8% over the past year. The current median weekly rent is $890. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,800.
Public transport access includes 16 bus stops. The crime rate in the Unley LGA is moderate at 5,455 incidents per 100,000 population.
From an investment perspective, Malvern offers a gross rental yield of 2.5%, rated as low yield. Property prices are above the state median ($1.9M/$950K), placing it in the premium segment. The price-to-income ratio of 13.6x is considered stretched. House prices have moved +0.8% year-on-year.
Malvern is a smaller suburb in South Australia within the Unley local government area (postcode 5061). With a population of 2,713, the suburb has a mature demographic with a median age of 46. Households earn a median income of $138K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Malvern is $1.9 million, having risen modestly 0.8% over the past year. The current median weekly rent is $890. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,800.
Public transport access includes 16 bus stops. The crime rate in the Unley LGA is moderate at 5,455 incidents per 100,000 population.
From an investment perspective, Malvern offers a gross rental yield of 2.5%, rated as low yield. Property prices are above the state median ($1.9M/$950K), placing it in the premium segment. The price-to-income ratio of 13.6x is considered stretched. House prices have moved +0.8% year-on-year.