FOR SALE
$1,350,000 - $1,450,000

Contact Agent For Address
Grovedale VIC 3216

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 300m2
Land area: 400m2
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Outstanding Returns - Minimal Fuss Investment 12% ROI

SDA Category - High Physical Support
House Details:
• 4 Bedrooms - 3 built for High Physical Support and one for the overnight support staff
• 4 bathrooms
• Open Plan living with the Stone Benches
• Fire Sprinklers
• Full Battery Backup
• 3 Phase Power
• Registered with the NDIS
The total return is $185,147.84 per annum
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Property Details for Contact Agent For Address, Grovedale

Building Type
Commercial
Floor Size
300m2
Land Size
400m2

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About Grovedale 3216

The size of Grovedale is approximately 7 square kilometres. It has 21 parks covering nearly 14.3% 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.

Grovedale has 7,498 properties. Over the last 5 years, Houses in Grovedale have seen a 32.04% increase in median value, while Units have seen a 20.98% increase. As at 30 November 2024:

  • The median value for Houses in Grovedale is $706,870 while the median value for Units is $448,653.
  • Houses have a median rent of $510 while Units have a median rent of $430.
There are currently 14 properties listed for sale, and 10 properties listed for rent in Grovedale on OnTheHouse. According to CoreLogic's data, 271 properties were sold in the past 12 months in Grovedale.

Suburb Insights for Grovedale 3216

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Adam Natonewski
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Ray White Highton
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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.