Suburb Report - Grovedale

Suburb Report

Grovedale VIC 3216

Prepared on: 02 October 2018

Prepared by: David McGuinness
Phone: 0412646009
Email: [email protected]

Suburb Report
Grovedale VIC 3216

GROVEDALE

70km

Distance from GPO

14.3k

Population

1.1%

5 year population change

10 years

Average length of ownership

The size of Grovedale is approximately 7 square kilometres. It has 4 parks covering nearly 2.2% of total area.
The population of Grovedale in 2011 was 14,153 people. By 2016 the population was 14,314 showing a
population growth of 1.1% in the area during that time. The predominant age group in Grovedale is 20-29
years. Households in Grovedale are primarily childless couples and are likely to be repaying $1400 - $1799 per
month on mortgage repayments. In general, people in Grovedale work in a professional occupation. In 2011,
74.1% of the homes in Grovedale were owner-occupied compared with 70.5% in 2016. Currently the median
sales price of houses in the area is $460,000.

Total dwellings Total new listings* Median Value Total number currently listed

4,482 207 $454,459 27

813 37 $362,112 11

*Total number of unique properties listed for sale over the past 12 months.

02 October 2018 Page 2

© Copyright 2018 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Grovedale VIC 3216

HOUSES: FOR SALE

$$$ $516,000 The 75th percentile sale price of sales over the past 12 months within
$460,000 the suburb.
Upper Quartile Price*
The middle sale price of all transactions recorded over the past 12
$$ months within the suburb. Note that sale prices lower than $10,000 and
higher than $80,000,000 are excluded from the analysis.
Median Price*
The 25th percentile sale price of sales over the past 12 months within
$ $420,000 the suburb.

Lower Quartile Price*

*Statistics are calculated over a rolling 12 month period

02 October 2018 Page 3

© Copyright 2018 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Grovedale VIC 3216

HOUSES: MARKET ACTIVITY SNAPSHOT RECENTLY SOLD 2
1
ON THE MARKET 9 530m2

02 11 Amarina Crescent 2
BEDROOMS Grovedale VIC 3216 1
There are no 2 bedroom Houses on the market in this suburb Sold on 21 Aug 2018 230m2
$445,000*

1/229 Torquay Road
Grovedale VIC 3216

Sold on 03 Jul 2018
$290,000*

13 3 74
BEDROOMS

8 Lewis Court Grovedale VIC - 41 Birkenhead Drive 1
3216 Grovedale VIC 3216 1
Sold on 22 Sep 2018 617m2
Listed on 01 Oct 2018 - $487,000*
$520,000 2
8 Ryong Street Grovedale 1
1,031m2 VIC 3216 551m2
Sold on 20 Sep 2018
4 Mayfield Court Grovedale 2 $445,000*
VIC 3216 1
717m2
Listed on 01 Oct 2018
Contact Agent - Auction

12 4 31
BEDROOMS

99 Bickford Road Grovedale 2 88 Heyers Road Grovedale 4
VIC 3216 2 VIC 3216 2
650m2 Sold on 24 Sep 2018 725m2
Listed on 30 Sep 2018 $465,000*
$530,000-$560,000 5
62 Meadowvale Drive 4
10 Hume Street Grovedale 2 Grovedale VIC 3216 1,612m2
VIC 3216 2 Sold on 22 Sep 2018
646m2 Not Disclosed
Listed on 29 Sep 2018
AUCTION

= number of houses currently On the Market or Sold within the last 6 months Page 4
*Agent advised

02 October 2018

© Copyright 2018 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Grovedale VIC 3216

UNITS: FOR SALE

$$$ $395,000 The 75th percentile sale price of sales over the past 12 months within
the suburb.
Upper Quartile Price*
The middle sale price of all transactions recorded over the past 12
$$ $350,000 months within the suburb. Note that sale prices lower than $10,000 and
higher than $80,000,000 are excluded from the analysis.
Median Price*
The 25th percentile sale price of sales over the past 12 months within
$ $325,000 the suburb.

Lower Quartile Price*

*Statistics are calculated over a rolling 12 month period

02 October 2018 Page 5

© Copyright 2018 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Grovedale VIC 3216

UNITS: MARKET ACTIVITY SNAPSHOT RECENTLY SOLD

ON THE MARKET 2

01 2/7 Bieske Road Grovedale 1
BEDROOMS VIC 3216 1
There are no 1 bedroom Units on the market in this suburb Sold on 19 Sep 2018 142m2
$250,000*
1
2/119 Pioneer Road 1
Grovedale VIC 3216 100m2
Sold on 13 Sep 2018
$310,000*

10 2 13
BEDROOMS

2/76 Church Street 1 1A Heyers Road Grovedale 1
Grovedale VIC 3216 1 VIC 3216 1
254m2 Sold on 19 Sep 2018 255m2
Listed on 30 Sep 2018 $379,000*
$399,000-$438,000 1
1 Wesona Place Grovedale 1
3/15 Bieske Road Grovedale 1 VIC 3216 356m2
VIC 3216 1 Sold on 18 Sep 2018
219m2 $390,000*
Listed on 29 Sep 2018
$365,000 - $385,000

1 3 5

1 Abervale Way Grovedale BEDROOMS 177 Heyers Road Grovedale 2
VIC 3216 VIC 3216 2
Listed on 21 Sep 2018 1 Sold on 20 Sep 2018 385m2
Not Disclosed 2 $513,000*
9.63Ha 2
5/33 Meadowvale Drive 2
Grovedale VIC 3216 409m2
Sold on 25 Jun 2018
$520,000

= number of units currently On the Market or Sold within the last 6 months Page 6
*Agent advised

02 October 2018

© Copyright 2018 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Grovedale VIC 3216

HOUSES: FOR RENT

HOUSES: RENTAL ACTIVITY SNAPSHOT

FOR RENT

12
BEDROOMS

30 Church Street Grovedale 2
VIC 3216 1
661m2
Listed on 27 Sep 2018
$340/W

12 3

1 BEDROOMS
2
1 Abbey Court Grovedale 400m2 20 Peter Street Grovedale 2
VIC 3216 VIC 3216 1
819m2
Listed on 30 Sep 2018 Listed on 30 Sep 2018
$340/W $385/W

10 4

BEDROOMS

4 Jockia Ridge Grovedale 1 2 Pindari Court Grovedale 2
VIC 3216 2 VIC 3216 2
336m2 733m2
Listed on 28 Sep 2018 Listed on 27 Sep 2018
$420/W $385/W

= number of houses observed as On the Market for Rent within the last month

02 October 2018 Page 7

© Copyright 2018 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Grovedale VIC 3216

UNITS: FOR RENT

UNITS: RENTAL ACTIVITY SNAPSHOT

FOR RENT

01
BEDROOMS

There are no 1 bedroom Units for rent in this suburb

7 2

BEDROOMS

6/5 Peter Street Grovedale 1 1/5 Hindle Street Grovedale 1
VIC 3216 1 VIC 3216 1
149m2 176m2
Listed on 28 Sep 2018 Listed on 27 Sep 2018
$335/W $285/W

2 3

2 BEDROOMS
2
4 Tracken Terrace 356m2 6/33 Meadowvale Drive 2
Grovedale VIC 3216 Grovedale VIC 3216 2
442m2
Listed on 25 Sep 2018 Listed on 22 Sep 2018
$370/W $360/W

= number of units observed as On the Market for Rent within the last month

02 October 2018 Page 8

© Copyright 2018 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.

Suburb Report
Grovedale VIC 3216

u DISCLAIMER

CoreLogic Disclaimer

Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the
accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law
excludes all for any loss or damage arising in connection with the data and information contained in this publication.

The listing prices shown represent the first and last listing price CoreLogic recorded in the advertising campaign for the
property. In some instances we may have derived the price from the advertisement text. Where we have been unable to derive
the price from the advertisement text (for example “Auctions”), the discount calculations will be unavailable.

Census statistics are provided by the Australian Bureau of Statistics (ABS) available at http://www.abs.gov.au/ under Creative
Commons Attribution 2.5 (http://creativecommons.org/licenses/by/2.5/au/legalcode).

State Government Copyright Notice and Disclaimer

VIC - The State of Victoria owns the copyright in the Property Sales Data and reproduction of that 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 Property Sales Data 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.

Publisher

RP Data Pty Ltd trading as CoreLogic Asia Pacific
ABN 67 087 759 171
P: 1300 734 318
E: [email protected]

02 October 2018 Page 9

© Copyright 2018 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.