Grovedale, VIC 3216

Grovedale, VIC 3216

Compare Part of Greater Geelong

70.63 km
Distance from CBD
41 k
Population
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

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