Download your FREE reports now!

Investment Property Grovedale, VIC, 3216

Suburb Snapshot

Grovedale is a suburb in the Greater Geelong Region of Victoria. Grovedale has a population of 14,304 people and 23.89% of its occupants live in rental accommodation. The median listing price for houses is $650,000 and this has changed 0.15% over the past year and changed -2.85% over 2 years.

The median rent in Grovedale for houses is $500 per week and the median rental yield is 4.00%. Stock on the market for houses/townhouses has changed 1.59% compared to last year and the average time to sell a house/townhouse is 56 days.The median listing price for units is $459,000 and this has changed 0.87% over the past year. The average unit takes 115 days to sell and the median rent for a unit in Grovedale is $430 per week, producing a rental yield of 4.87%.

Supply & Demand in Grovedale, Greater Geelong

0.93%

Current vacancy rate


62

Rental stock available


14,304

Population


23.89%

Rental population


0.88%

Current vacancy rate


1,294

Rental stock available


233,426

Population


23.30%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Grovedale, Greater Geelong

  House Townhouses Units
Median listing price $650,000 $489,000 $459,000
Median price change - last quarter 0.00% 0.00% -1.65%
Median price change - 1 year 0.15% 0.41% 0.87%
Median price change - 2 years -2.85% NA -6.14%
  House Townhouses Units
Median weekly rent $500 NA $430
Median yield % 4.00% NA 4.87%
Median rent change - 1 year 4.16% NA 4.87%
  House Units
Previous month sales 16 4
Stock on market previous month 64 11
Stock variance vs. last year 1.59% -21.43%
Average days on market 56 115

Grovedale investment property listings

Showing 5 of 118 investment properties found in Grovedale on realestateinvestar.com.au

107 Rossack Dr, Grovedale

$779,000

property pic

Spacious Family Living with Beautiful Gardens

Set on a spacious 692m² (approx.) allotment in a convenient Grovedale location, this well presented Dennis Family Homes build offers comfortable family living with a thoughtful layout, multiple living zones and beautifully maintained gardens that create a welcoming and private setting. From the ...

Get more info on this property
rei

4

rei

2

rei

2

House

VIC 3216


5 Booral Ct, Grovedale

$789,000

property pic

Dual living in court location

Located in the ever-growing pocket of Grovedale, this neat and well-kept home presents a great opportunity for first home buyers or investors looking for something low-maintenance with added upside. Set in a quiet court on a large 824sqm site, the property offers a flexible setup with two separate ...

Get more info on this property
rei

4

rei

2

rei

2

House

VIC 3216


16 Dennys Ct, Grovedale

$1,595,000

property pic

Family Entertainer Offers Next Level Luxury

Prepare to be amazed at this extraordinary property, masterfully designed to offer grand, light filled living, exceptional poolside entertaining, your own private basketball and tennis court, and all the extras that take family living to the next level of luxury. Tucked away in a secluded setting, ...

Get more info on this property
rei

5

rei

3

rei

4

House

VIC 3216


79 Peter St, Grovedale

$699,000

property pic

Renovated and ready to go- 584m2 block

Here's the perfect entry into the Grovedale market, whether you're a first home buyer, investor or downsizer, this could be the one. It's had extensive updates throughout with new kitchen, open plan living with new awning windows taking in the views across Geelong. There's 2 new bathrooms and 3 ...

Get more info on this property
rei

3

rei

2

rei

1

House

VIC 3216


9 Ainslie Ave, Grovedale

$745,000

property pic

Perfect First Home or Investment in a Quiet Grovedale Pocket

Set in a peaceful and family-friendly pocket of Grovedale, this fantastic opportunity is ideal for first home buyers or savvy investors looking to secure a solid property in a high-demand location. Offering four bedrooms, the home includes a master suite complete with its own ensuite, while the ...

Get more info on this property
rei

4

rei

2

rei

2

House

VIC 3216


Navigate to more Suburbs, Regions or States