Gardenvale, VIC

Find the latest property data and property news available for the suburb of Gardenvale, plus mapping tools and demographic information. If you are thinking of selling, buying, or investing in property in Gardenvale, then our suburb snapshot is crucial reading. Property price and rental data for the suburb of Gardenvale is provided by RP Data.

News

Buyers sold on Elsternwick, with highest auction clearance rate in Melbourne in March quarter: REIV

Larry SchlesingerThe Melbourne suburb of Elsternwick had an auction clearance rate of 84% in the March quarter, beating the second- and third-place Mill Park and Mitcham.

Click to see Demographic Data for Postcode 3185

Suburb Snapshot My RP Data

Houses

Prices
Change in median price in last year %
Average hold period 11.7
Median price for houses over $750k $995,000
Rents
Median asking rent $608
Indicative gross rental yield 3.2%

Units

Prices
Median sale price $343500
Change in median price in last year -6.6%
Change in median price in past five years 15.8%
Average discount -7.0%
Average time on market 60.1
Average hold period 9.0
Rents
Median asking rent $278
Indicative gross rental yield 4.2%
Click to see Demographic Data for Postcode 3185

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Details and copyright information

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    Investors should steer clear as Port Hedland's star fades: Terry Ryder Terry Ryder
    Now, all signs point south for this market. A year ago vacancies were near zero but today they’re approaching 5%. Price growth has stopped and, according to Australian Property Monitors’ price graph, has started to dip below the red line.
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