Thinking about buying in Grovedale? Now could not be a better time, with 8052 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $781,000 with prices in this suburb ranging from $250,000 to $8,589,000. Grovedale is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Grovedale Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Grovedale are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Grovedale provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Grovedale requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Houses for sale Grovedale

	98 marshalltown rd, grovedale, vic, 3216				$4,500,000 - $4,750,000
	unit 1, 134 bailey st, grovedale, vic, 3216	3	2	2	$499,000 - $549,000
	unit 1, 41 hindle st, grovedale, vic, 3216	2	1	1	479000
	17 griffith st, grovedale, vic, 3216	4	2	4	789000
	45 amarina cr, grovedale, vic, 3216	5	3	2	950000
	2 balblair dr, grovedale, vic, 3216	3	2	2	599000
	26 param st, grovedale, vic, 3216	4	2	2	$780,000 - $820,000
	33 diaz dr, grovedale, vic, 3216	3	2	4	$599,000 - $649,000
	7 beltana st, grovedale, vic, 3216	4	2	2	$690,000 - $710,000

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General Points of Interest

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