Gowanbrae Suburb Profile

Victoria 3043

Gowanbrae has 1,211 properties. Over the last 5 years, Houses in Gowanbrae have seen a 14.22% increase in median value, while Units have seen a 10.58% increase. As at 30 November 2024:

• The median value for Houses in Gowanbrae is $941,085 while the median value for Units is $687,548.
• Houses have a median rent of $560 while Units have a median rent of $533.

The size of Gowanbrae is approximately 1.3 square kilometres. It has 3 parks covering nearly 12.1% of total area. The population of Gowanbrae in 2011 was 2,745 people. By 2016 the population was 2,778 showing a population growth of 1.2% in the area during that time. The predominant age group in Gowanbrae is 40-49 years. Households in Gowanbrae are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Gowanbrae work in a professional occupation. In 2011, 72.7% of the homes in Gowanbrae were owner-occupied compared with 80.6% in 2016.