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Real Estate Market: Is Gardenvale VIC 3185 a Good Suburb to Buy Into?
Housing Market in Gardenvale
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| $1,230 | Top 2% |
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| Premium | Premium | Premium |
Housing Supply in Gardenvale
The higher the supply score the more supply is on the market, both current and future.
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
Sources: ABS, GEOSPATIAL, Property Listings, PLANNING ALERTS and Microburbs, 2002 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 0 | Bottom 38% |
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| 3.5 | Top 38% | Data for Jul 2023 | ||
| 93.8 | Top 1% | Data for May 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 11 lots | Top 22% |
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 1 | Top 38% |
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Housing Stock Quality in Gardenvale
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL, Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 36.7% | Bottom 2% |
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| 2.1 | Bottom 20% |
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Gardenvale
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN, ABS and Microburbs, 2011 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 0.3 sq km | Bottom 1% | Data for Jan 2021 | ||
| 0.0 sq km | Bottom 18% | Data for Jun 2023 | ||
| 226 sqm per resident | Bottom 4% | Data for Jan 2021 |
Risk in Gardenvale
The higher the score, the more exposed households are to financial stress.
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
Sources: ABS, Property Listings, TORREN and Microburbs, 2006 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 60.7% | Bottom 2% | 0 to May 2023 | ||
| 39.3% | Top 2% |
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| 69 | Top 3% | Data for Jun 2023 | ||
| $2,390 | Top 26% |
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| 71 | Bottom 16% | Data for Jun 2023 | ||
| 83 | Top 11% | Data for Jun 2023 | ||
| 39.7% | Top 5% |
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| 27.0% | Bottom 18% |
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Housing Demand in Gardenvale
The higher the score, the more demand their is for housing in the area, both current and future.
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 1975 - 2030
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 14000 | Top 42% |
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| 165000 | Top 9% |
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| Premium | Premium | Premium | ||
| 187000 | Top 8% |
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Unit Market in Gardenvale
Sources: Property Listings and Microburbs, 2002 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $573 | Top 21% |
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| Premium | Premium | Premium | ||
| 33.3% | Bottom 3% |
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Planning Applications: Other (17)
| Headline | Place | Date |
|---|---|---|
| Removal of common property, dissolving owners corporation RP013766 and removal of upper and lower lot boundaries of lot 1 and 2 - City of Glen Eira GE/PP-38280/2025 | 6 Magnolia Road Gardenvale VIC 3185 | 04 Dec 2025 |
| Proposed amendments to endorsed plans: combined Request to Modify Plans and Sub of Plans and Reports to Comply with Planning Permit Conditions 1, 3, 8, 9, 21, 22 & 23. Cover letter includes detailed response to Permit Conditions and Secondary Consent amendments. - City of Glen Eira GE/SECCON-2172/2025 | 115-117 Gardenvale Road Gardenvale VIC 3185 | 17 May 2025 |
| Proposed amendments to endorsed plans: Minor amendments to the existing building's facade and installation of replacement business identification signage - City of Glen Eira GE/SECCON-2138/2025 | 227 Nepean Hwy Gardenvale VIC 3185 | 20 Mar 2025 |
| The removal of the carriageway easements created in Transfer 2739288 & Transfer 2739289 over No’s 7 & 9 Lantana Road, Gardenvale. - Streamlined Planning through Electronic Applications and Referrals S238701S | 7 Lantana Road, Gardenvale VIC 3185 | 24 Oct 2024 |
| Major Promotional Digital Sky Sign (4.080 metres x 12.800 metres) located atop the existing commercial building, replacing the existing dual-sided static sign. - City of Glen Eira GE/DP-37277/2024 | 229-231 Nepean Hwy Gardenvale VIC 3185 | 25 Jul 2024 |
Planning Applications: Dwellings (25)
| Headline | Place | Date |
|---|---|---|
| Existing permit allows: Construction of buildings and works to the existing car sales premises and erection and display of internally illuminated, business identification signage on land within a Special Building Overlay Proposed amendments: Additional business identification signage - City of Glen Eira GE/PP-24734/2012/B | 227 Nepean Hwy Gardenvale VIC 3185 | 02 Jul 2025 |
| Two lot residential subdivision based on endorsed plans. - Streamlined Planning through Electronic Applications and Referrals S248901J | 485 Kooyong Road, Gardenvale VIC 3185 | 12 May 2025 |
| Existing permit allows: Construction of buildings and works to the exitsing car sales premises and erection and display of internally illuminated, business identification signage on land within a Special Building Overlay Proposed amendments: Replacement internally illuminated business identification signage and minor buildings and works - City of Glen Eira GE/PP-24734/2012/A | 227 Nepean Hwy Gardenvale VIC 3185 | 01 May 2025 |
| Extension of time to an existing permit that allows: Three storey mixed use development comprising ground floor retail, two dwellings with a reduction in car parking requirements associated with the retail use and a dwelling on land within a Special Building Overlay - City of Glen Eira GE/EXT-5190/2025 | 103 Gardenvale Road Gardenvale VIC 3185 | 22 Mar 2025 |
| Construction and display an illuminated sign and external alterations to an existing building in a Heritage Overlay - City of Glen Eira GE/DP-37677/2025 | 229-231 Nepean Hwy Gardenvale VIC 3185 | 25 Feb 2025 |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Glen Eira |
Median Unit Sale Prices by Street (4)
| Date | Median sale value | Street |
|---|---|---|
| 06 Dec 2025 | $839,500 | Begonia Rd |
| 06 Dec 2025 | $192,500 | Gardenia Rd |
| 06 Dec 2025 | $572,000 | Gardenvale Rd |
| 06 Dec 2025 | $510,500 | Magnolia Rd |
Median House Rental Prices by Street (2)
| Street | Date | Median rent (per week) |
|---|---|---|
| Magnolia Rd | 06 Dec 2025 | $1,211 |
| Lantana Rd | 06 Dec 2025 | $1,249 |
Median House Sale Prices by Street (6)
| Street | Date | Median sale value |
|---|---|---|
| Begonia Rd | 06 Dec 2025 | $1,496,000 |
| Elster Ave | 06 Dec 2025 | $2,208,000 |
| Gardenia Rd | 06 Dec 2025 | $2,057,000 |
| Gardenvale Rd | 06 Dec 2025 | $2,452,000 |
| Kooyong Rd | 06 Dec 2025 | $2,327,000 |
Turnover Rate by Street (10)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 59.4% | Begonia Rd | quite tightly held | Every 16.8 years (quite tightly held) | 2025 |
| 70.2% | Lantana Rd | average turnover | Every 14.2 years (average turnover) | 2025 |
| 87.5% | Gardenia Rd | high turnover | Every 11.4 years (high turnover) | 2025 |
| 80.0% | Lucy St | average turnover | Every 12.5 years (average turnover) | 2025 |
| 81.8% | North Rd | average turnover | Every 12.2 years (average turnover) | 2025 |
Percent of Renters by Street (10)
| Percent of Renters | Street |
|---|---|
| 30.8% | Begonia Rd |
| 33.9% | Elster Ave |
| 57.3% | Gardenia Rd |
| 54.2% | Gardenvale Rd |
| 27.8% | Kooyong Rd |
Businesses (12)
| Name | Address |
|---|---|
| Finney | 131 Gardenvale Rd, Gardenvale VIC 3185, Australia |
| KF & Js Atkins & Associates PTY LTD | 43 Elster Ave, Gardenvale VIC 3185, Australia |
| FINNEY Construction Pty Ltd | 131, Gardenvale Rd |
| Retractable Awnings Melbourne | 132 Gardenvale Rd, Gardenvale VIC 3185, Australia |
| Melbourne Shade Systems Pty Ltd | 215a Nepean Hwy, Brighton VIC 3185, Australia |
Recently Sold Houses (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 31 Gardenia Rd | Price Withheld | 4.0 | 2.0 | 2.0 | 12 Sep 2025 | 0 | On Market |
| 30 Magnolia Rd | Price Withheld | 4.0 | 2.0 | 1.0 | 26 Jul 2025 | 0 | On Market |
| 30 Magnolia Rd | Price Withheld | 4.0 | 2.0 | 26 Jul 2025 | 0 | On Market | |
| 4 Magnolia Rd | $1,375,000 | 2.0 | 1.0 | 1.0 | 25 Jul 2025 | 0 | On Market |
| 489 Kooyong Rd | Price Withheld | 4.0 | 1.0 | 3.0 | 16 May 2025 | 0 | On Market |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| Unit 3, 76 Gardenvale Rd | $890 | 3.0 | 2.0 | 2.0 | 15 Sep 2025 |
| Unit 3, 76 Gardenvale Rd | $890 | 3.0 | 2.0 | 2.0 | 15 Sep 2025 |
| Unit 3, 76 Gardenvale Rd | $890 | 3.0 | 2.0 | 2.0 | 15 Sep 2025 |
| Unit 3, 76 Gardenvale Rd | $890 | 3.0 | 2.0 | 2.0 | 15 Sep 2025 |
| Unit 3, 76 Gardenvale Rd | $890 | 3.0 | 2.0 | 2.0 | 15 Sep 2025 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 47 Magnolia Rd | $1,400 | 3 | 2 | 2 | 21 Oct 2025 | 0 |
| 47 Magnolia Rd | $1,400 | 3 | 2 | 2 | 21 Oct 2025 | 0 |
| 47 Magnolia Rd | $1,400 | 3 | 2 | 2 | 21 Oct 2025 | 0 |
| 47 Magnolia Rd | $1,400 | 3 | 2 | 2 | 21 Oct 2025 | 0 |
| 47 Magnolia Rd | $1,400 | 3 | 2 | 2 | 21 Oct 2025 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 4 Magnolia Rd | $1,375,000 | 2.0 | 1.0 | 1.0 | 25 Jul 2025 | On Market |
| 4 Magnolia Rd | $1,375,000 | 2.0 | 1.0 | 1.0 | 25 Jul 2025 | On Market |
| 4 Magnolia Rd | $1,375,000 | 2.0 | 1.0 | 1.0 | 25 Jul 2025 | On Market |
| 4 Magnolia Rd | $1,375,000 | 2.0 | 1.0 | 1.0 | 25 Jul 2025 | On Market |
| 4 Magnolia Rd | $1,375,000 | 2.0 | 1.0 | 1.0 | 25 Jul 2025 | On Market |
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Profiles
Nearby Suburbs