Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
Year | Median | Growth | Low | High | # Sales |
---|---|---|---|---|---|
2009 | $295,000 | 0.0% | $185,000 | $799,998 | 206 |
2010 | $335,000 | +11.9% | $139,000 | $840,000 | 214 |
2011 | $345,000 | +2.9% | $240,000 | $810,000 | 216 |
2012 | $345,000 | 0.0% | $235,000 | $701,000 | 231 |
2013 | $350,000 | +1.4% | $185,000 | $910,000 | 215 |
2014 | $359,000 | +2.5% | $230,000 | $1,130,000 | 231 |
2015 | $370,000 | +3.0% | $240,000 | $670,000 | 226 |
2016 | $402,500 | +8.1% | $248,000 | $1,255,000 | 199 |
2017 | $435,000 | +7.5% | $170,000 | $1,525,000 | 240 |
2018 | $500,000 | +13.0% | $280,000 | $1,180,000 | 221 |
2019 | $508,500 | +1.7% | $300,000 | $1,182,000 | 236 |
2020 | $555,000 | +8.4% | $375,000 | $1,280,000 | 209 |
2021 | $660,000 | +15.9% | $430,000 | $2,300,000 | 225 |
2022 | $705,000 | +6.4% | $392,000 | $1,210,000 | 226 |
2023 | $665,000 | -6.0% | $470,000 | $2,150,000 | 211 |
2024 | $672,000 | +1.0% | $427,000 | $1,065,000 | 212 |
2025 | $702,000 | +4.3% | $702,000 | $702,000 | 1 |
Median Sale Price
$672K
Based on 212 recorded sales within the last 12 months
Updated on 9 Jan 2025
Suburb Growth
+1.0%
Current Median Price: $672,000
Previous Median Price: $665,000
Based on 424 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
Year | Median | Growth | Low | High | # Rents |
---|---|---|---|---|---|
2011 | $350 | 0.0% | $220 | $460 | 99 |
2012 | $350 | 0.0% | $130 | $880 | 174 |
2013 | $350 | 0.0% | $140 | $595 | 221 |
2014 | $340 | -2.9% | $120 | $470 | 182 |
2015 | $350 | +2.9% | $130 | $490 | 277 |
2016 | $360 | +2.8% | $155 | $600 | 234 |
2017 | $380 | +5.3% | $120 | $550 | 195 |
2018 | $390 | +2.6% | $135 | $645 | 180 |
2019 | $400 | +2.5% | $120 | $595 | 184 |
2020 | $405 | +1.2% | $170 | $850 | 155 |
2021 | $440 | +8.0% | $130 | $750 | 200 |
2022 | $460 | +4.3% | $220 | $780 | 178 |
2023 | $480 | +4.2% | $250 | $800 | 222 |
2024 | $500 | +4.0% | $165 | $800 | 239 |
2025 | - | - | - | - | - |
Median Rent Price
$500
per week
Based on 237 recorded rent within the last 12 months
Updated on 9 Jan 2025
Rent Price Growth
+3.0%
Current Median Rent: $500
Previous Median Rent: $485
Based on 454 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.9%
Current Median Price: $672,000
Current Median rent: $500
Based on 449 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
Auction Results For Grovedale
Houses sold in Last 12 months ends 4 Jan 2025
$515K
Median Sale Price
63%
Clearance Rate
5/8
Sold/Reported
$740K
Highest Sale Price
Sold Price Range | No. of Sold Properties | |
---|---|---|
$600 K - $800 K | 1 | |
$400 K - $600 K (Median Price Range) | 2 | |
Similar Suburbs to Grovedale 3216
Based on median house sale price sold in last 12 months
Schools closest to Grovedale, VIC 3216
School name | Address | Type | Sector | Distance |
---|---|---|---|---|
Mandama Primary School | 10 CORANG AVENUEGrovedale 3216 | Primary | Government | 0.42 km |
Nazareth Primary School | GRIFFITH STGrovedale 3216 | Primary | Catholic | 0.55 km |
Grovedale College | 19 WINGARRA DRIVEGrovedale 3216 | Secondary | Government | 1.09 km |
Grovedale West Primary School | 85A HEYERS ROADGrovedale 3216 | Primary | Government | 1.09 km |
Clairvaux Catholic School | 45 REYNOLDS ROADBelmont 3216 | Primary | Catholic | 1.76 km |
Christian College Highton | 18 BURDEKIN ROADHighton 3216 | Combined | Independent | 1.91 km |
Oberon High School | 12 PICKETT CRESCENTBelmont 3216 | Secondary | Government | 2.05 km |