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City of Glen Eira

Gardenvale

Gardenvale Property Market
& Suburb Profile

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MEDIAN PRICES IN GARDENVALE

Median house price

(all agencies, last 12 months)$1.9m*

House price change

(all agencies, last 12 months)-17.41%

Median unit price

(all agencies, last 12 months)$903k*

Unit price change

(all agencies, last 12 months)+78.71%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

GARDENVALE price TRACKER

HousesUnits

Gardenvale sales overview

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)29

Average days on market (units)

(all agencies, 12 months)25

Average held period in Gardenvale

(proptrack)14 years

Gardenvale Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$976pw

House rental price change

(all agencies, last 12 months)0.04%

Median rental price for Units

(all agencies, last 12 months)$506pw

Unit rental price change

(all agencies, last 12 months)-0.02%

Average rental yield for Houses

(all agencies, last 12 months)2.5%

Average rental yield for Units

(all agencies, last 12 months)4.38%

Gardenvale total population size

(as at the last census)1,019

Median household size in Gardenvale

(as at the last census)2.1

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Gardenvale property types

  • Houses 33%
  • Units 34%
  • Other 33%

OCCUPANCY in Gardenvale

  • Owned 52%
  • Rented 47%
  • Other/Not Stated 1%
  • Singles 45%
  • Families 53%
  • Other 2%

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About Gardenvale

Gardenvale is a small suburb in Melbourne, Victoria, Australia, 10km south-east of Melbourne's central business district. Its local government area is the City of Glen Eira.

Prior to subdivision in 1908, the area was a paddock owned by the Lemprière family, and was in use as a polo ground. The Lemprières were a prominent Caulfield family with several members serving on the Caulfield Council.

The suburb is a mostly residential area with a strip shopping centre on Gardenvale Road. The suburb is bounded by Nepean Highway to the west, Elster Avenue to the north, Kooyong Road to the east and North Road to the south, and the Elster Creek flows through the suburb before entering the Elwood Canal.

The name Gardenvale is also used as a locality name with less definite boundaries. The railway station, built in the 19th century as part of the Rosstown Railway, was located a few blocks further North on the corner of Riddell Parade and Clarence Street in what is now officially part of Elsternwick. A section of Brighton North on the Western side of the Nepean Highway is also usually called Gardenvale, while postal addresses are officially Brighton or Brighton North.

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Sales Comparison

Find out how Gardenvale median sales prices compare to neighbouring suburbs.

Gardenvale MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202529$1,376,250-17.41%59$741pw3.44%
202432$1,218,500-21.00%57$714pw3.28%
202328$1,562,75014.59%65$691pw3.09%
202225$1,262,500-5.42%87$623pw2.85%
202135$1,618,75011.58%81$535pw2.49%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202529$1,376,250-17.41%
202432$1,218,500-21.00%
202328$1,562,750+14.59%
202225$1,262,500-5.42%
202135$1,618,750+11.58%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202559$741pw3.44%
202457$714pw3.28%
202365$691pw3.09%
202287$623pw2.85%
202181$535pw2.49%

Browse more suburbs

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.