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Published by Egle Skridulis, 2022-08-12 19:25:12

Grovedale Suburb Flyover

Grovedale Suburb Flyover

SUBURB FLYOVER REPORT

GROVEDALE (HOUSE)

PREPARED BY: EGLE SKRIDULIS, MCGRATH GEELONG | NEWTOWN

GROVEDALE - Suburb Map

This report has been compiled on 13/08/2022 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2022 - www.pricefinder.com.au
© The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of
the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does
so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

GROVEDALE - Sales Statistics (Houses)

Year # Sales Median Growth Low High Median Sale Price

2004 362 $ 230,000 0.0 % $ 27,000 $ 1,300,000 $695k
2005 345 $ 237,000 3.0 % $ 80,000 $ 650,000
2006 302 $ 242,750 2.4 % $ 80,000 $ 555,000 Based on 239 recorded House sales within
2007 373 $ 261,001 7.5 % $ 78,750 $ 825,000 the last 12 months (Financial Year 2022)
2008 283 $ 278,000 6.5 % $ 110,000
2009 281 $ 288,000 3.6 % $ 120,000 $ 1,000,000 Based on a rolling 12 month period and may differ
2010 246 $ 328,750 14.1 % $ 64,000 $ 1,100,000 from calendar year statistics
2011 259 $ 340,000 3.4 % $ 20,000
2012 255 $ 340,000 0.0 % $ 185,000 $ 795,000 Suburb Growth
2013 239 $ 350,000 2.9 % $ 180,000 $ 3,345,000
2014 237 $ 362,000 3.4 % $ 138,390 +19.3%
2015 249 $ 370,000 2.2 % $ 130,000 $ 701,000
2016 234 $ 400,000 8.1 % $ 150,000 $ 975,000 Current Median Price: $695,000
2017 261 $ 433,500 8.4 % $ 205,000 $ 1,350,000 Previous Median Price: $582,690
2018 234 $ 495,000 14.2 % $ 250,000 $ 1,280,000
2019 246 $ 505,250 2.1 % $ 115,000 $ 1,920,000 Based on 481 recorded House sales compared over the last two
2020 220 $ 550,000 8.9 % $ 230,904 $ 1,700,000 rolling 12 month periods
2021 238 $ 660,000 20.0 % $ 222,500 $ 1,300,000
2022 115 $ 700,000 6.1 % $ 535,000 $ 1,182,000
$ 1,870,000
$ 1,351,000
$ 1,210,000

This report has been compiled on 13/08/2022 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2022 - www.pricefinder.com.au

© The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of
the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does
so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

GROVEDALE - Peak Selling Periods (3 years)

GROVEDALE - Price Range Segments (12 months)

This report has been compiled on 13/08/2022 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2022 - www.pricefinder.com.au
© The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of
the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does
so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

Median Weekly Rents (Houses)

Suburb Sale Price Growth

+19.3%

Current Median Price: $695,000
Previous Median Price: $582,690

Based on 481 registered House sales compared over
the last two rolling 12 month periods.

Suburb Rental Yield

+3.0%

Current Median Price: $695,000
Current Median Rent: $400

Based on 207 registered House rentals compared
over the last 12 months.

Median Weekly Rents (Units)

Suburb Sale Price Growth

+7.3%

Current Median Price: $515,000
Previous Median Price: $480,000

Based on 112 registered Unit sales compared over
the last two rolling 12 month periods.

Suburb Rental Yield

+3.2%

Current Median Price: $515,000
Current Median Rent: $320

Based on 63 registered Unit rentals compared over
the last 12 months.

This report has been compiled on 13/08/2022 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2022 - www.pricefinder.com.au
© The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of
the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does
so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

GROVEDALE - Recently Sold Properties

Median Sale Price Suburb Growth # Sold Properties

$695k +19.3% 239

Based on 239 recorded House sales within Current Median Price: $695,000 Based on recorded House sales within the 12
the last 12 months (Financial Year 2022) Previous Median Price: $582,690 months (Financial Year 2022)

Based on a rolling 12 month period and may differ Based on 481 recorded House sales compared over the last two Based on a rolling 12 month period and may differ
from calendar year statistics rolling 12 month periods from calendar year statistics

36 MANET AVE 12 KILLARNEY AVE 204 HEYERS RD

$750,000 $705,000 $900,000

Aug 616 m² 4 2 2 Aug 495 m² 3 2 2 Jul 700 m² 4 2 2

2022 2022 2022

20 Days 25 Days 23 Days

16 ILLOUERA AVE 12 CANOWINDRA PL 3 SANDALWOOD CRT

$800,000 $645,000 $707,500

Jul 654 m² 3 2 3 Jul 658 m² 3 2 2 Jul 654 m² 3 2 2

2022 2022 2022

7 Days 35 Days 48 Days

6 ELINBANK DR 28 BELTANA ST 10 RUBENS CRT

$805,000 $650,000 $867,500

Jul 593 m² 4 2 2 Jul 569 m² 3 2 4 Jul 738 m² 4 2 2

2022 2022 2022

19 Days 29 Days 25 Days

This report has been compiled on 13/08/2022 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2022 - www.pricefinder.com.au

© The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of
the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does
so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

17A RIMBOOL RD 34 PIONEER RD 20 EDNA WAY

$615,000 $622,000 $815,000

Jul 468 m² 3 2 2 Jul 568 m² 3 1 1 Jun 641 m² 4 2 3

2022 2022 2022

22 Days 8 Days 12 Days

98 HEYERS RD 11 JOCKIA RDGE 111 MARSHALLTOWN RD

$600,000 $850,000 $627,000

Jun 632 m² 3 1 1 Jun 512 m² 3 2 3 Jun 420 m² 3 2 2

2022 2022 2022

N/A 18 Days 128 Days

5 COVENTRY CRT 10 MOIRA LANE 9 TRACKEN TCE

$570,000 $580,000 $865,000

Jun Jun Jun

2022 2022 2022

7 Days 638 m² 3 1 2 21 Days 355 m² 3 1 1 685 m² 4 2 2

3 RIATTA AVE 11 CAMIRA CRT 39 HINDLE ST

$666,000 $620,000 $538,000

Jun 635 m² 3 2 2 Jun 733 m² 3 1 1 Jun 329 m² 2 1 1

2022 2022 2022

15 Days 11 Days 7 Days

This report has been compiled on 13/08/2022 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2022 - www.pricefinder.com.au

© The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of
the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does
so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

GROVEDALE - Properties For Rent

Median Rental Price Rental Yield Number of Rentals

$400 /w +3.0% 207

Based on 207 recorded House rentals Current Median Price: $695,000 Based on recorded House rentals within the
within the last 12 months (Financial Year Current Median Rent: $400 last 12 months (Financial Year 2022)

2022) Based on 239 recorded House sales and 207 House rentals Based on a rolling 12 month period and may differ
compared over the last 12 months from calendar year statistics
Based on a rolling 12 month period and may differ
from calendar year statistics

1 PORTSMOUTH CRESCENT 9 CAMIRA COURT 3/45 BURDOO DRIVE
$510 per week
$520 $380.00

Aug 601 m² 4 1 1 Aug 866 m² 4 2 2 Aug 178 m² 2 1 1

2022 2022 2022

1 Day 1 Day 2 Days

35 JOCKIA RIDGE 52 PIONEER ROAD 3 LORIS CLOSE

$550 per week $450 weekly $430

Aug 400 m² 4 2 2 Aug 562 m² 3 1 1 Aug 757 m² 3 1 3

2022 2022 2022

4 Days 5 Days 5 Days

7 SUFFOLK COURT 35 PETER STREET 11 CAMIRA COURT

$460 per week $450.00 $450 per week

Aug 600 m² 3 2 2 Aug 300 m² 3 2 1 Aug 733 m² 3 1 1

2022 2022 2022

7 Days 8 Days 10 Days

This report has been compiled on 13/08/2022 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2022 - www.pricefinder.com.au

© The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of
the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does
so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

24 KARANA AVENUE 93 HEYERS ROAD 1/123 CHURCH STREET

$400 Per Week $850 per week $380 per week

Aug 602 m² 3 1 2 Jul 575 m² 6 3 6 Jul 235 m² 2 1 1

2022 2022 2022

11 Days 14 Days 15 Days

2 VILLEA AVENUE 5 TEMT TERRACE 24 HOLLOWS COURT

$500 $510 Per Week $560.00

Jul 673 m² 4 2 1 Jul 447 m² 4 2 2 Jul 744 m² 4 2 2

2022 2022 2022

16 Days 16 Days 17 Days

76 HEYERS ROAD 2/11 BYAMBEE COURT 1/18 PETKELL PARADE

$390 per week UNDER $220

Jul 617 m² 4 1 1 Jul 500 m² 3 2 2 Jul 739 m² 1 1 1

2022 2022 2022

17 Days 18 Days 26 Days

Room 1/18 Petkell Parade 111 MARSHALLTOWN ROAD 81 CHURCH STREET
$480 per week
$220 per week $430 pw

Jul 739 m² 1 1 1 Jul 420 m² 3 2 2 Jul 683 m² 3 1 2

2022 2022 2022

27 Days 32 Days 33 Days

This report has been compiled on 13/08/2022 by McGrath Geelong | Newtown. Property Data Solutions Pty Ltd 2022 - www.pricefinder.com.au

© The State of Victoria. The State of Victoria owns the copyright in the Property Sales Data and reproduction of the data in any way without the consent of the State of Victoria will constitute a breach of
the Copyright Act 1968 (Cth). The State of Victoria does not warrant the accuracy or completeness of the information contained in this report and any person using or relying upon such information does
so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.


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