Carnegie vs Malvern East
House prices, rent and lifestyle, side by side. Every figure shows its period and source.
Bars scale each row to its largest figure.
| Suburb | CarnegieGlen Eira | Malvern EastStonnington |
|---|---|---|
| Price & rent | ||
| Median house priceValuer-General Victoria | $1,742,500 (calendar year 2025) | $2,170,000 (calendar year 2025) |
| Median unit price | $645,000 (calendar year 2025) | $600,000 (calendar year 2025) |
| Median weekly rentDFFH / Census 2021 | $570/wk | $610/wk |
| Gross rental yieldweekly rent x 52 / house price, before costs | 1.70% | 1.46% |
| People | ||
| PopulationABS Census 2021 | 17,909 | 22,296 |
| SEIFA advantage decile | 9/10 | 10/10 |
| Housing | ||
| Houses | 32% | 53% |
| Townhouses | 28% | 24% |
| Apartments/units | 40% | 22% |
| Transport | ||
| Distance to Melbourne CBD | 12.0 km | 11.4 km |
| Train stations | 12 | 9 |
| Tram stops | 12 | 16 |
| Planning & risk | ||
| Flood overlayVicmap Planning | 19% | 12% |
| Bushfire overlayVicmap Planning | 0% | 0% |
| Heritage overlayVicmap Planning | 10% | 23% |
| Schools (zoned government) | ||
| Primary | Carnegie Primary School, Glen Huntly Primary School, Lloyd Street Primary School, McKinnon Primary School, Murrumbeena Primary School | Ashburton Primary School, Carnegie Primary School, Glen Iris Primary School, Lloyd Street Primary School, Malvern Primary School, Malvern Valley Primary School, Murrumbeena Primary School, Oakleigh Primary School, Solway Primary School |
| Secondary | Glen Eira College, McKinnon Secondary College | Ashwood High School, Glen Eira College, South Oakleigh Secondary College |
| Safety | ||
| Recorded crime (council area)Crime Statistics Agency Victoria, council-wide | Lower than most areas | Higher than most areas |
Key differences
- Malvern East is higher on median house price (by about 24%).
- Carnegie is higher on flood overlay share (by about 7 percentage points).
- Malvern East is higher on heritage overlay share (by about 13 percentage points).
- Malvern East is higher on share of houses (vs units/townhouses) (by about 21 percentage points).
- Malvern East is higher on recorded crime rate (council area) (by about 153%).
Median house price over time
CarnegieMalvern East
The median house price in Carnegie was $1,742,500 in calendar year 2025 (Valuer-General Victoria); the median unit price was $645,000 in calendar year 2025. The median house price in Malvern East was $2,170,000 in calendar year 2025 (Valuer-General Victoria); the median unit price was $600,000 in calendar year 2025.