VIC/
Greenvale

Suburb Profile

Greenvale - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3059

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Based on its average 5-year and quarterly capital gains GREENVALE, 3059 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that GREENVALE, 3059 obtained a 5.42% growth over a ten-year period. It ranks 1421st on our list of suburbs that property investors should look into.

GREENVALE, 3059 in VIC belongs to the local government area of Hume.

GREENVALE, 3059 has a capital gain of 29.77% for the past year, which is higher than average compared to its 30.37% growth within a five-year period.

With the median home price in GREENVALE sitting at $704,000, and the average rent at $440, property owners could potentially earn a 3.25% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in GREENVALE are low, as opposed to average gains per annum over the past five years.

A 29.77% increase in median property prices in GREENVALE, 3059 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 25th.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $704,000 $463,500
GROWTH REPORT
Median Quarterly 2.03% 5.34%
Median 12 month 29.77% 11.96%
Median 3 years 31.9% 16.17%
Median 5 years 30.37% N/A
10 years average annual 5.42% 6.71%
Weekly media advert. rent $440 $360
Time on Market 61.9 days 0.0 days
Gross Rental Yield Percent 3.25% 4.04%
demographics (median values)
Total Population
10402
Weekly Household Income
1448
Household Size
3.60
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Greenvale, VIC
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