Thinking about buying in Grovedale? Now could not be a better time, with 8052 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $781,000 with prices in this suburb ranging from $250,000 to $8,589,000. Grovedale is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Grovedale Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Grovedale are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Grovedale provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Grovedale requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Grovedale

	98 MARSHALLTOWN RD, GROVEDALE, VIC, 3216				$5,000,000-$5,500,000
	7 MOONA CT, GROVEDALE, VIC, 3216	3	2	1	$670,000 - $730,000
	UNIT 2, 18 FELIX ST, GROVEDALE, VIC, 3216	2	1	1	$529,000 - $549,000
	75 MEADOWVALE DR, GROVEDALE, VIC, 3216	4	2	2	$899,000 - $979,000
	2 TATHRA CT, GROVEDALE, VIC, 3216	4	2	2	$779,000 - $809,000
	13 CARNARVON DR, GROVEDALE, VIC, 3216	3	1	2
	UNIT 6, 5 PETER ST, GROVEDALE, VIC, 3216	2	1	1	$459,000 - $479,000
	UNIT 2, 33 MEADOWVALE DR, GROVEDALE, VIC, 3216	3	2	2	$649,000 - $699,000
	59 BIESKE RD, GROVEDALE, VIC, 3216	3	1	2	$669,000 - $699,000
	16 DENNYS CT, GROVEDALE, VIC, 3216	5	3	4	$1,695,000 - $1,795,000
	9 LEWIS CT, GROVEDALE, VIC, 3216	3	2	1	$585,000 - $640,000
	UNIT 5, 15 MATTHEWS ST, GROVEDALE, VIC, 3216	3	1	1	$599,000 - $639,000
	21 CHURCH ST, GROVEDALE, VIC, 3216	4	2		$679,000 - $699,000
	10 HINDLE ST, GROVEDALE, VIC, 3216	3	2	2	600000
	9 BIRKENHEAD DR, GROVEDALE, VIC, 3216	3	2	1	649000
	7 COTSWOLD CT, GROVEDALE, VIC, 3216	3	2	2	649000
	27 ILLOUERA AV, GROVEDALE, VIC, 3216	3	2	2	699000
	12 MUSCOVY DR, GROVEDALE, VIC, 3216	3	1	2	580000
	1 MURA CT, GROVEDALE, VIC, 3216	3	1	2	650000
	6 ROSEWOOD CT, GROVEDALE, VIC, 3216	4	2	2	800000

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General Points of Interest

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