Suburb Profile Report for Greenvale VIC (3059)

Greenvale House: Median price $730,000, Annual capital growth 5.27%, Number of sales 179, Weekly median advertised rent $440

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Greenvale is an average performer in VIC when comparing median price capital growth over the last year. Greenvale gave property investors a good capital gain figure when compared to the rest of the state, with 1.39%.

If we look at median property appreciation over just the last three months, Greenvale has given property investors a paper return of 1.25%. This puts Suburb as 182 on a list of fastest fasting appreciating suburbs in VIC

The most recent median price for Greenvale is $730000, with sellers offering an average of -5.51% off the asking price.

Renters in Suburb are facing rents around $22880 per annum or $440 every week.

Metrics i HOUSE UNIT
$730,000 N/A
1.25% N/A
1.39% N/A
5.27% N/A
$440 N/A
179 N/A
3.13% N/A
61.1980198019802 N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Balanced (U)
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Demographics
Total population 11968
Median household income ($/weekly) 1729
Median age of persons 36
Median housing loan repayment ($/monthly) 2000
Average household size 3.5
  • Census Count Percent(%)
    5-14 years 1889 15.8
    15-19 years 1205 10.1
    35-44 years 1757 14.7
    45-54 years 2171 18.1
    55-64 years 1347 11.3
    Others 3599 30.1
    Age Group
    Census Count Percent(%)
    Registered Married 5487 60.2
    Not Married 3325 36.5
    Defacto Relationship 308 3.4
    Social Marital Status
  • Census Count Percent(%)
    Australia 8037 69.1
    Ireland 290 2.5
    Japan 739 6.4
    Turkey 352 3.0
    Other 567 4.9
    Others 1639 14.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 170 1.5
    Christianity 8981 78.1
    Hinduism 126 1.1
    Islam 1396 12.1
    No Religion 801 7.0
    Others 29 0.3
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 241 8.2
    $1,250-$1,499 273 9.3
    $1,500-$1,999 496 16.9
    $2,000-$2,499 371 12.6
    $2,500-$2,999 322 11.0
    Others 1233 42.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3862 41.8
    Not in the labour force 2798 30.3
    Employed, worked part-time 1927 20.8
    Employed, away from work 394 4.3
    Unemployed, looking for work 265 2.9
    Person Characteristics
  • Census Count Percent(%)
    Managers 870 14.1
    Professionals 905 14.6
    Technicians & trades workers 1006 16.3
    Clerical & administrative workers 1120 18.1
    Sales 809 13.1
    Others 1475 23.8
    Occupation
    Census Count Percent(%)
    Pre-school 199 5.8
    Infants/Primary 1128 32.9
    Secondary 1221 35.6
    Technical or Further Educational Institution 260 7.6
    University or other Tertiary Institutions 538 15.7
    Others 79 2.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 11457 97.8
    Semi-detached, row or terrace house, townhouse 208 1.8
    Flat, unit or apartment 51 0.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1703 51.4
    Fully owned 1406 42.4
    Rented 192 5.8
    Other tenure type 14 0.4
    Tenure Type
Census 2011, ABS
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