Real Estate Grovedale Vic 3216

Grovedale: Family-friendly, sporty, close to nature.

Housing Market in Grovedale

Key Grovedale Metrics & Forecast to 2028

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Geelong	Trend
Capital Growth Forecast: Houses	Premium	Premium	Premium
Capital Growth Forecast: Houses (2-Year Outlook)	Premium	Premium	Premium
Median yield for houses	Premium	Premium	Premium
Smart median rent: All houses	$549	Bottom 42%	137% to Dec 2025
Smart median sale price: All houses	Premium	Premium	Premium

Housing Supply in Grovedale

Grovedale Real Estate Investor Report

Sample Graphic

The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023

Field	Value	VS Geelong	Trend
Development applications	50.4	Top 20%	65% to Jun 2025
Developments	0.0	Bottom 10%	Data for Jul 2023
Housing Stock Quality Indicator	46.8	Top 15%	Data for May 2023
Total new residential buildings value (SA2)	Premium	Premium	Premium
Days on market: houses	Premium	Premium	Premium
Days on market: units	Premium	Premium	Premium
Number of Subdivisions	10 lots	Top 41%	66% to May 2023
Volume of houses sold in the last 30 days	Premium	Premium	Premium
Volume of units sold in the last 30 days	Premium	Premium	Premium
Stock on Market	22	Top 3%	450% to Dec 2025

Housing Stock Quality in Grovedale

The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023

Field	Value	VS Geelong	Trend
Houses	85.9%	Bottom 16%	0 to Jan 2021
Average bedrooms - all homes	2.4	Bottom 42%	4% to Jan 2021
NBN connection: fibreoptic cable to node	96.9%	Top 2%	Data for Jun 2023

Development Restrictions in Grovedale

Grovedale Zoning Map

Sample Graphic

The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023

Field	Value	VS Geelong	Trend
Total area	8.5 sq km	Top 49%	Data for Jan 2021
Heritage overlay total area	0.0 sq km	Bottom 49%	Data for Jun 2023
Residential density	395 sqm per resident	Bottom 19%	Data for Jan 2021

Risk in Grovedale

Grovedale Risk Report

Sample Graphic

The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023

Field	Value	VS Geelong	Trend
% Owner Occupied	82.9%	Bottom 22%	0% to May 2023
% Rentals	17.1%	Top 22%	4% to May 2023
Housing Affordability Index	34	Top 44%	Data for Jun 2023
Median monthly mortgage	$1,880	Bottom 47%	28% to May 2023
Rent Affordability Index (Houses)	81	Top 35%	Data for Jun 2023
Rent Affordability Index (Units)	75	Bottom 46%	Data for Jun 2023
Mortgage as a percent of income	24.6%	Top 36%	11% to Jan 2021
Mortgaged Dwellings	38.0%	Bottom 48%	10% to May 2023

Housing Demand in Grovedale

The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 2004 - 2030

Field	Value	VS Geelong	Trend
Net internal migration (LGA)	Premium	Premium	Premium
Net overseas migration (LGA)	Premium	Premium	Premium
Future Population (SA2)	35000	Top 1%	41% to Dec 2036
Historical Population (SA3)	219000	Top 2%	36% to Dec 2023
Historical population growth	Premium	Premium	Premium
Population (LGA)	301000	Top 3%	56% to Dec 2030
Population Projection (LGA)	Premium	Premium	Premium
Auction clearance rate	Premium	Premium	Premium
Proportion of distressed listings	Premium	Premium	Premium
Vacancy rate	Premium	Premium	Premium

Unit Market in Grovedale

Grovedale Unit Investor Report

Sample Graphic

Sources: Property Listings, VIC RENTALS and Microburbs, 2000 - 2023

Field	Value	VS Geelong	Trend
Median yield for units	Premium	Premium	Premium
Smart median rent: All units	$442	Bottom 49%	148% to Dec 2025
Smart median sale price: All units	Premium	Premium	Premium
Unit to house ratio	72.0%	Top 39%	35% to Dec 2025

Accommodation Options (4)

Planning Applications: Industrial (3)

Headline	Place	Date
To subdivide the current lot, into 2 separate lots, each lot containing an existing concrete warehouse. Common property no 1 will provide access, house water meters and electricity and provide car parking. - Streamlined Planning through Electronic Applications and Referrals S241054A	9 Dendle Street, Grovedale VIC 3216	12 Dec 2024
Use and Development of an Office and Warehouses Including Signage Structure, Multi-Lot Subdivision and Reduction in Car Parking Requirements - City of Greater Geelong 1015/2023	148-154 Marshalltown Road, Grovedale, VIC	30 Dec 2023
Use of land for Manufacturing Sales, a Food and Drink Premises and Use of Land for the Sale and Consumption of Liquor (General Licence), Waiver of Car Parking Requirements and Display a Sign - City of Greater Geelong 1252/2021/A	Warehouse 36/8 Lewalan Street, Grovedale, VIC	12 May 2023

Planning Applications: Other (40)

Headline	Place	Date
Use of the Land for Sale of Liquor (Packaged Liquor Licence) - City of Greater Geelong 816/2024	19-21 Peter Street, Grovedale, VIC	20 Nov 2024
Use of the Land for Sale of Liquor (Packaged Liquor Licence) - City of Greater Geelong 816/2024	19-21 Peter Street, Grovedale, VIC	20 Nov 2024
Use and development of the land for Service station, Convenience restaurant, Childcare centre, Restricted recreation facility (Gymnasium), and the display of signs; six (6) lot subdivision; create and alter access to a road in a Transport Zone 2; and reduced car parking space requirements - City of Greater Geelong 1353/2021/C	179-193 Colac Road, Grovedale, VIC	09 Nov 2024
Use and development of the land for Service station, Convenience restaurant, Childcare centre, Restricted recreation facility (Gymnasium), and the display of signs; six (6) lot subdivision; create and alter access to a road in a Transport Zone 2; and reduced car parking space requirements - City of Greater Geelong 1353/2021/C	179-193 Colac Road, Grovedale, VIC	09 Nov 2024
Use and development of the land for Service station, Convenience restaurant, Childcare centre, Restricted recreation facility (Gymnasium), and the display of signs; six (6) lot subdivision; create and alter access to a road in a Transport Zone 2; and reduced car parking space requirements - City of Greater Geelong 1353/2021/C	179-193 Colac Road, Grovedale, VIC	09 Nov 2024

Planning Applications: Dwellings (16)

Headline	Place	Date
Use and Development of Food and Drink Premises (Food Truck Park) and Construction and Display of Business Identification Signage - City of Greater Geelong 578/2024	260-264 Torquay Road, Grovedale, VIC	31 Oct 2024
Construction of Two (2) Dwellings & Three (3) Lot Subdivision - City of Greater Geelong 765/2023	64 Reserve Road, Grovedale, VIC	03 Aug 2024
Construct Two (2) Dwellings and a Two (2) Lot Subdivision - City of Greater Geelong 139/2024	5 Karana Avenue, Grovedale, VIC	10 Jul 2024
Construction of a Second Dwelling and Two (2) Lot Subdivision - City of Greater Geelong 1046/2023	5 Winston Court, Grovedale, VIC	23 Jan 2024
Construction of Additional Dwelling and Two (2) Lot Subdivision - City of Greater Geelong 914/2023	14 Stratford Court, Grovedale, VIC	11 Nov 2023

Median Unit Sale Prices by Street (22)

Date	Median sale value	Street
06 Dec 2025	$548,200	Bailey St
06 Dec 2025	$474,300	Bieske Rd
06 Dec 2025	$1,542,000	Capital Dr
06 Dec 2025	$517,400	Cerise Ct
06 Dec 2025	$517,400	Church St

Turnover Rate by Street (100)

Turnover rate	Street	Turnover Label	Turnover Years	Year
36.0%	Corang Ave	very tightly held	Every 27.8 years (very tightly held)	2025
83.6%	Hindle St	average turnover	Every 12.0 years (average turnover)	2025
69.4%	Diaz Dr	average turnover	Every 14.4 years (average turnover)	2025
77.8%	Gloucester St	average turnover	Every 12.9 years (average turnover)	2025
84.9%	Peter St	high turnover	Every 11.8 years (high turnover)	2025

Recently Sold Houses (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
25 Peter St	Price Withheld	2.0	1.0	1.0	27 Nov 2025	On Market
48 Wingarra Dr	$620,000	3.0	1.0	3.0	22 Nov 2025	On Market
34 Riatta Ave	$745,000	4.0	1.0	2.0	21 Nov 2025	On Market
151 Torquay Rd	$678,000	3.0	2.0	2.0	20 Nov 2025	On Market
61 Pioneer Rd	$708,000	4.0	2.0	2.0	19 Nov 2025	On Market

Median House Rental Prices by Street (64)

Street	Date	Median rent (per week)
Enbrook Ct	06 Dec 2025	$395
Felix St	06 Dec 2025	$501
Dalyston St	06 Dec 2025	$591
Dampier Ct	06 Dec 2025	$609
Dublin Dr	06 Dec 2025	$543

LGA Details (1)

Headline	Place	Datetime
Local government area	Greater Geelong

Percent of Renters by Street (100)

Percent of Renters	Street
43.2%	Amarina Cr
20.0%	Abbey Ct
0.0%	Abervale Way
0.0%	Adelong Ct
58.0%	Ainslie Ave

Median House Sale Prices by Street (57)

Street	Date	Median sale value
Ainslie Ave	06 Dec 2025	$739,200
Amarina Cr	06 Dec 2025	$1,014,000
Babra Ct	06 Dec 2025	$873,600
Bailey St	06 Dec 2025	$588,000
Banksia Pl	06 Dec 2025	$551,000

Businesses (98)

Name	Address
BDH Constructions Pty Ltd.	10 Wilray St, Grovedale VIC 3216, Australia
Spence Construction	15-17 Essington St, Grovedale VIC 3216, Australia
All Areas Fencing	31 Essington St, Grovedale VIC 3216, Australia
Robbos Drainage & Excavations	17 Bickford Rd, Grovedale VIC 3216, Australia
Shane O’Neill Excavations	152/156 Barwarre Rd, Grovedale VIC 3216, Australia

Recent Rental House Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
8 Michael Ct	$500	3	2	1	03 Dec 2025
8 Michael Ct	$500	3	2	1	03 Dec 2025
3 Kana St	$600	4	2	2	27 Nov 2025
222 Bailey St	$650	4	2	2	27 Nov 2025
3 Kana St	$600	4	2	2	27 Nov 2025

Recent Rental Unit Listings (100)

Address	Rent (per week)	Bedrooms	Bathrooms	Garage spaces	Date
Unit 2, 19-21 Corang Ave	$410	2.0	1.0	1.0	05 Dec 2025
Unit 2, 68 Church St	$430	2.0	1.0	1.0	24 Nov 2025
Unit 2, 68 Church St	$430	2.0	1.0	1.0	24 Nov 2025
Unit 1, 7 Isabella St	$440	2.0	1.0	1.0	21 Nov 2025
Unit 1, 7 Isabella St	$440	2.0	1.0	1.0	21 Nov 2025

Recently Sold Units (100)

Address	Price	Bedrooms	Bathrooms	Garage spaces	Date sold	Sale Type
Unit 3, 229 Torquay Rd	$335,500	1.0	1.0	2.0	02 Dec 2025	On Market
Unit 3, 229 Torquay Rd	$335,500	1.0	1.0	2.0	02 Dec 2025	On Market
Unit 3, 229 Torquay Rd	$335,500	1.0	1.0	2.0	02 Dec 2025	On Market
Unit 3, 229 Torquay Rd	$335,500	1.0	1.0	2.0	02 Dec 2025	On Market
Unit 1, 1 Peter St	$443,000	2.0	1.0	1.0	27 Nov 2025	On Market

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Headline	Place	Datetime
Advance Business Brokers	11 Manet Avenue
Coast Road Holiday Apartments Geelong	117 Torquay Rd