Grovedale Suburb Profile

Victoria 3216

Grovedale has 7,478 properties. Over the last 5 years, Houses in Grovedale have seen a 34.20% increase in median value, while Units have seen a 38.07% increase. As at 30 June 2024:

• The median value for Houses in Grovedale is $698,285 while the median value for Units is $490,755.
• Houses have a median rent of $500 while Units have a median rent of $430.

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.