Malvern East, VIC 3145 has a population of 22,296 with a diverse age range from young children to seniors. The suburb boasts a high percentage of professionals and managers, indicating a well-educated and affluent community. The majority of residents commute by motor vehicle, but there is also a significant number who work from home. With a strong interest in educational advantages, the ICSEA percentile for government schools is high at 94.0. For house investors, Malvern East presents a suburb with high demand indicated by a high market absorption rate and low vacancy rate. The suburb's sale price IQR ratio is moderately high, suggesting opportunities for renovators. Potential for future growth is supported by positive population growth over both short and long terms. For unit investors, the market absorption rate is healthy, but attention is needed towards the higher vacancy rate and negative median growth rates in recent years. Malvern East, VIC 3145 offers residents a well-established suburb with a mix of demographic groups and a focus on education. House investors may find opportunities for renovation and growth, supported by strong demand and population increase. Unit investors should be cautious of vacancy rates and recent negative growth trends. Sources: - proptechdata.com.au - Australian Bureau of Statistics (ABS) Census 2021 - Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022