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Published by maryannespina, 2019-11-10 23:54:08

Suburb_Report_Grovedale_VIC_3216_08-11-2019

Suburb_Report_Grovedale_VIC_3216_08-11-2019

Suburb Report

Grovedale VIC 3216

Prepared on 08 November 2019

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

12 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 $495,500.

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

4,343 239 $519,263 42

772 41 $360,593 13

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

08 November 2019 Page 2

© Copyright 2019 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

$$$ $559,500 The 75th percentile sale price of sales over the past 12 months within
$495,500 the suburb.
Upper Quartile Price*
The middle sale price of all transactions recorded over the past 12
$$ 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
$ $446,250 the suburb.

Lower Quartile Price*

*Statistics are calculated over a rolling 12 month period

08 November 2019 Page 3

© Copyright 2019 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

ON THE MARKET 6

02 5/46 Peter Street Grovedale 1
BEDROOMS VIC 3216 2
There are no 2 bedroom Houses on the market in this suburb Sold on 17 Oct 2019 243m2
$385,000*
1
79 Moruya Drive Grovedale 1
VIC 3216 696m2
Sold on 11 Sep 2019
$472,500

24 3 73

20 Felix Street Grovedale BEDROOMS 8 Camira Court Grovedale 2
VIC 3216 VIC 3216 2
Listed on 06 Nov 2019 2 Sold on 06 Nov 2019 861m2
$445,000-$485,000 1 $535,000*
626m2 3
2 Wesona Place Grovedale 1 Birrilee Court Grovedale 2
VIC 3216 2 VIC 3216 723m2
Listed on 06 Nov 2019 2 Sold on 31 Oct 2019
Current Bid: $480,000 910m2 Not Disclosed

16 4 29
BEDROOMS

29 Banksia Place Grovedale 3 5 Bradley Place Grovedale 2
VIC 3216 2 VIC 3216 2
738m2 Sold on 24 Oct 2019 812m2
Listed on 06 Nov 2019 $620,000*
$599,000 - $629,000 2
1-2 Barry Court Grovedale 2
20 Edna Way Grovedale VIC 2 VIC 3216 503m2
3216 2 Sold on 07 Oct 2019
642m2 $635,000*
Listed on 05 Nov 2019
$569,000 - $619,000

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

08 November 2019

© Copyright 2019 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

$$$ $420,000 The 75th percentile sale price of sales over the past 12 months within
the suburb.
Upper Quartile Price*
The middle sale price of all transactions recorded over the past 12
$$ $395,000 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
$ $354,250 the suburb.

Lower Quartile Price*

*Statistics are calculated over a rolling 12 month period

08 November 2019 Page 5

© Copyright 2019 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

ON THE MARKET RECENTLY SOLD

01 0
BEDROOMS

There are no 1 bedroom Units on the market in this suburb There are no recently sold 1 bedroom Units in this suburb

52 15
BEDROOMS
2/142 Church Street
2/2 Camira Court Grovedale 1 Grovedale VIC 3216 1
VIC 3216 1 Sold on 06 Nov 2019 1
396m2 $375,000* 183m2
Listed on 04 Nov 2019
$399,000-$435,000 7/199-201 Bailey Street 1
Grovedale VIC 3216 1
1/11 Corang Avenue 1 Sold on 30 Oct 2019 210m2
Grovedale VIC 3216 1 $380,000*
265m2
Listed on 04 Nov 2019
$399,000

83 9
BEDROOMS

8/31 Meadowvale Drive 1 2/160 Church Street 2
Grovedale VIC 3216 2 Grovedale VIC 3216 2
Listed on 06 Nov 2019 203m2 235m2
$399,000-$439,000 Sold on 10 Oct 2019
2 Not Disclosed
3/9 Chiller Court Grovedale 2
VIC 3216 262m2 2/8 Dennys Court Grovedale 1
Listed on 04 Nov 2019 VIC 3216 1
$429,000 - $469,000 233m2
Sold on 21 Sep 2019
Not Disclosed

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

08 November 2019

© Copyright 2019 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

32
BEDROOMS

2/117 Church Street 1 19/5 Peter Street Grovedale 1
Grovedale VIC 3216 1 VIC 3216 1
216m2 96m2
Listed on 05 Nov 2019 Listed on 31 Oct 2019
$350/W $355/W

30 3

BEDROOMS

4 Banksia Place Grovedale 2 26 Burleigh Drive Grovedale 2
VIC 3216 1 VIC 3216 2
322m2 646m2
Listed on 06 Nov 2019 Listed on 06 Nov 2019
$375/W $420/W

74
BEDROOMS

8 Verdal Court Grovedale 2 2 Binalong Court Grovedale 2
VIC 3216 2 VIC 3216 3
732m2 742m2
Listed on 05 Nov 2019 Listed on 02 Nov 2019
$410/W $550/W

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

08 November 2019 Page 7

© Copyright 2019 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

6 2

1 BEDROOMS
1
3/50-52 Moruya Drive 185m2 8/199-201 Bailey Street 1
Grovedale VIC 3216 Grovedale VIC 3216 1
220m2
Listed on 06 Nov 2019 Listed on 02 Nov 2019
$290/W $350/W

5 3

BEDROOMS

1/5 Jean Place Grovedale 2 1/101 Rossack Drive 3
VIC 3216 1 Grovedale VIC 3216 2
283m2 332m2
Listed on 04 Nov 2019 Listed on 04 Nov 2019
$400/W $400/W

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

08 November 2019 Page 8

© Copyright 2019 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]

08 November 2019 Page 9

© Copyright 2019 RP Data Pty Ltd trading as CoreLogic Asia Pacific (CoreLogic),
Local, State, and Commonwealth Governments. All rights reserved.


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