5/48 Magnolia Road

Gardenvale VIC 3185

The size of Gardenvale is approximately 0.3 square kilometres. It has 1 park covering nearly 1.8% of total area. The population of Gardenvale in 2011 was 971 people. By 2016 the population was 1,024 showing a population growth of 5.5% in the area during that time. The predominant age group in Gardenvale is 30-39 years. Households in Gardenvale are primarily childless couples and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Gardenvale work in a professional occupation. In 2011, 48.9% of the homes in Gardenvale were owner-occupied compared with 49.3% in 2016.

Gardenvale has 705 properties. Over the last 5 years, Houses in Gardenvale have seen a 3.73% increase in median value, while Units have seen a -11.89% decrease. As at 31 October 2024:

• The median value for Houses in Gardenvale is $1,886,615 while the median value for Units is $554,316.
• Houses have a median rent of $575 while Units have a median rent of $390.