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City of Greater Geelong

Grovedale

Grovedale Property Market
& Suburb Profile

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MEDIAN PRICES IN GROVEDALE

Median house price

(all agencies, last 12 months)$681k*

House price change

(all agencies, last 12 months)+3.18%

Median unit price

(all agencies, last 12 months)$509k*

Unit price change

(all agencies, last 12 months)+1.5%

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

GROVEDALE price TRACKER

HousesUnits

Grovedale 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)27

Average days on market (units)

(all agencies, 12 months)41

Average held period in Grovedale

(proptrack)12 years

Grovedale Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$532pw

House rental price change

(all agencies, last 12 months)0.06%

Median rental price for Units

(all agencies, last 12 months)$457pw

Unit rental price change

(all agencies, last 12 months)0.02%

Average rental yield for Houses

(all agencies, last 12 months)3.84%

Average rental yield for Units

(all agencies, last 12 months)4.48%

Grovedale total population size

(as at the last census)14,869

Median household size in Grovedale

(as at the last census)2.4

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

Grovedale property types

  • Houses 55%
  • Units 12%
  • Other 33%

OCCUPANCY in Grovedale

  • Owned 69%
  • Rented 26%
  • Other/Not Stated 5%
  • Singles 28%
  • Families 68%
  • Other 4%

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About Grovedale

Grovedale is a large, established, and family-friendly suburban gem located in the south-western part of Geelong, positioned approximately eight kilometres from the city centre. This suburb is celebrated for its highly convenient location, which offers easy access to the Surf Coast Highway, making weekend trips to Torquay and the famous beaches a breeze, while remaining well-connected to urban amenities.

Grovedale features a diverse residential landscape, comprising a welcoming mix of older, established homes on generous blocks and more contemporary estates that cater to varying tastes and budgets.

The suburb is exceptionally well-resourced, acting as a crucial hub for the southern Geelong area. Residents have excellent access to major retail facilities, including the Grovedale Central Shopping Centre, as well as the expansive Waurn Ponds Shopping Centre, which is close by and accessible for many residents.

Education is strongly supported by multiple local primary schools, such as Grovedale Primary School, Mandama Primary School, and Grovedale West Primary School, alongside Grovedale College for secondary students. Its close proximity to Deakin University’s Waurn Ponds campus and the Epworth Geelong Hospital also makes Grovedale highly popular among students and professionals working in the health and education sectors.

Grovedale maintains a strong, neighbourly spirit and prioritises community life, evidenced by the Grovedale Community Hub and numerous local parks, reserves, and sports clubs like the Grovedale Tigers Football Netball Club.

For transport, the suburb is ideally located near both Marshall and Waurn Ponds train stations, providing direct V/Line rail links to Geelong and Melbourne.

With a current median house price making it a more affordable entry point than neighbouring Belmont or Highton, Grovedale represents a practical and attractive option for families and investors seeking a well-serviced, established base with easy access to both the Geelong CBD and the beautiful Surf Coast.

Image Source: www.geelongaustralia.com.au

Education

Grovedale College
Grovedale Primary School
Grovedale West Primary School
Mandama Primary School
Nazareth School
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Sales Comparison

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

Grovedale MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025313$594,7503.18%352$495pw4.16%
2024284$584,1251.06%330$479pw4.24%
2023249$579,250-5.71%308$469pw4.15%
2022287$614,0006.67%292$449pw3.84%
2021314$582,87519.32%298$413pw3.42%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025313$594,750+3.18%
2024284$584,125+1.06%
2023249$579,250-5.71%
2022287$614,000+6.67%
2021314$582,875+19.32%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025352$495pw4.16%
2024330$479pw4.24%
2023308$469pw4.15%
2022292$449pw3.84%
2021298$413pw3.42%

PROUDLY SERVICING Grovedale

Browse more suburbs

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NEWS & INSIGHTS

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Handy tips for the first home buyer

*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.