Thinking about buying in Grahamvale? Now could not be a better time, with just 323 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $912,000 with prices in this suburb ranging from $378,000 to $1,382,000. The aproximate distance to the coast is 165 Km.
Median Weekly Rent | $277.91 |
Median Monthly Mortgage | $1473.45 |
Median Persons Per Bedroom | 0.77 |
Average Household Size | 2.91 |
Average Age | 41.91 |
Average Income | $796.36 |
Average Cars Per Dwelling | 2.39 |
Average Properties Within 50M | 2 |
1 Bed  $949,000 |
3 Bed  $737,000 |
4 Bed  $840,000 |
5 Bed  $949,000 |
6 Bed+$949,000 |
Consistent high demand relative to supply is a key feature in Grahamvale driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Grahamvale due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Grahamvale provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Grahamvale necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Grahamvale we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Grahamvale a better buying opportunity than it may have been in the past.
7 BRIAN CT, GRAHAMVALE, VIC, 3631 | 4 | 2 | 4 | $880,000 - $930,000 |
Grahamvale Primary School
Goulburn Valley Grammar School
St Luke's Catholic Primary School
Shepparton Christian College Ltd
Lemnos Primary School
Verney Road School
Bourchier Street Primary School Shepparton
Shepparton High School
Shepparton Adult & Community Education Inc
(While the above schools are located with the suburb of Grahamvale there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 0.9 | 15.6 | 32.8 | 22.1 | 77.2 | 4.7 | 27.1 |
Feb | 1.6 | 15.6 | 30.8 | 29.0 | 82.0 | 4.2 | 23.4 |
Mar | 1.7 | 12.7 | 26.7 | 34.4 | 85.5 | 3.9 | 18.8 |
Apr | 1.4 | 9.2 | 22.8 | 41.7 | 92.2 | 3.0 | 13.6 |
May | 1.1 | 5.6 | 17.5 | 54.0 | 96.5 | 3.0 | 9.9 |
Jun | 1.3 | 3.5 | 14.1 | 65.0 | 98.5 | 2.7 | 8.1 |
Jul | 1.5 | 3.9 | 13.3 | 66.8 | 98.4 | 3.3 | 8.2 |
Aug | 1.2 | 3.7 | 14.7 | 57.0 | 97.8 | 3.4 | 11.3 |
Sept | 1.1 | 5.5 | 18.4 | 46.7 | 95.7 | 3.7 | 16.0 |
Oct | 1.0 | 8 | 22.8 | 36.5 | 91.2 | 4.0 | 21.7 |
Nov | 0.9 | 11.2 | 27.0 | 26.5 | 86.9 | 4.4 | 24.8 |
Dec | 1.1 | 13.8 | 30.2 | 22.3 | 80.3 | 4.6 | 27.1 |
source: Australian Government Bureau of Meteorology
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