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Nearby Suburbs
Real Estate Market: Is Grangefields VIC 3335 a Good Suburb to Buy Into?
Housing Market in Grangefields
Sources: Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| $380 | Top 49% |
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| Premium | Premium | Premium |
Housing Supply in Grangefields
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
Grangefields
36.6%
Grangefields
36.6%
Melbourne
28.8%
Melbourne
28.8%
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 0 | Bottom 38% |
|
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| 0.0 | Bottom 10% | Data for Jul 2023 | ||
| 23.6 | Top 22% | Data for May 2023 | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 0 | Bottom 25% | Data for Apr 2025 |
Housing Stock Quality in Grangefields
The higher the score, the higher the quality of the houses and units.
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023
Sources: ABS, GEOSPATIAL and Microburbs, 2006 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 100.0% | Top 31% |
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| 3.7 | Top 2% |
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| 0.0% | Bottom 37% | Data for Jun 2023 |
Development Restrictions in Grangefields
The higher the score, the more easily density can be increased.
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Sources: GEOSPATIAL, TORREN and Microburbs, 2011 - 2023
Grangefields
26.0%
Grangefields
26.0%
Melbourne
36.9%
Melbourne
36.9%
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 7.2 sq km | Bottom 49% | Data for Jan 2016 | ||
| 0.0 sq km | Bottom 49% | Data for Jun 2023 | ||
| 1580 sqm per resident | Top 46% | Data for Jan 2016 |
Risk in Grangefields
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
Grangefields
49.5
Grangefields
49.5
Melbourne
49.7
Melbourne
49.7
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| 69.7% | Bottom 6% | Data for May 2023 | ||
| 30.3% | Top 6% | Data for May 2023 | ||
| 32 | Bottom 46% | Data for Jun 2023 | ||
| $2,890 | Top 12% | Data for May 2023 | ||
| 85 | Top 13% | Data for Jun 2023 | ||
| 76 | Bottom 49% | Data for Jun 2023 | ||
| 10.9% | Bottom 17% |
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| 27.0% | Bottom 18% |
|
Housing Demand in Grangefields
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, 2006 - 2030
Sources: ABS, TORREN, Property Listings and Microburbs, 2006 - 2030
Grangefields
57.9%
Grangefields
57.9%
Melbourne
82.9%
Melbourne
82.9%
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| 86000 | Top 1% |
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| 226000 | Top 1% |
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| Premium | Premium | Premium | ||
| 239000 | Top 5% |
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| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium | ||
| Premium | Premium | Premium |
Unit Market in Grangefields
Sources: Property Listings and Microburbs, 2006 - 2023
| Field | Value | VS Melbourne | Trend | |
|---|---|---|---|---|
| Premium | Premium | Premium | ||
| $369 | Top 27% |
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| Premium | Premium | Premium | ||
| 140.0% | Top 2% |
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Businesses (1)
| Name | Address |
|---|---|
| Melbourne Temporary Fencing | 471-497 Mount Cottrell Rd, Rockbank VIC 3335, Australia |
LGA Details (1)
| Headline | Place | Datetime |
|---|---|---|
| Local government area | Melton |
Percent of Renters by Street (7)
| Percent of Renters | Street |
|---|---|
| 8.5% | Beattys Rd |
| 0.0% | Leakes Rd |
| 0.0% | Western Fwy |
| 0.0% | Mount Cottrell Rd |
| 8.0% | Judd Ct |
Turnover Rate by Street (7)
| Turnover rate | Street | Turnover Label | Turnover Years | Year |
|---|---|---|---|---|
| 200.0% | Water Reserve Rd | very high turnover | Every 5.0 years (very high turnover) | 2025 |
| 78.6% | Beattys Rd | average turnover | Every 12.7 years (average turnover) | 2025 |
| 71.4% | Mount Cottrell Rd | average turnover | Every 14.0 years (average turnover) | 2025 |
| 125.0% | Leakes Rd | very high turnover | Every 8.0 years (very high turnover) | 2025 |
| 133.3% | Judd Ct | very high turnover | Every 7.5 years (very high turnover) | 2025 |
Recently Sold Houses (2)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Subdivisible into | Sale Type |
|---|---|---|---|---|---|---|---|
| 585-611 Mount Cottrell Rd | $18,000,000 | 02 Dec 2021 | 0 | On Market | |||
| 794-834 Leakes Rd | $3,650,000 | 3.0 | 2.0 | 1.0 | 24 Jul 2018 | 0 | On Market |
Median House Sale Prices by Street (1)
| Street | Date | Median sale value |
|---|---|---|
| Judd Ct | 06 Oct 2023 | $6,200,000 |
Recent Rental Unit Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date |
|---|---|---|---|---|---|
| 2 Judd Ct | $525 | 31 Mar 2021 | |||
| 2 Judd Ct | $525 | 31 Mar 2021 | |||
| 2 Judd Ct | $525 | 31 Mar 2021 | |||
| 2 Judd Ct | $525 | 31 Mar 2021 | |||
| 2 Judd Ct | $525 | 31 Mar 2021 |
Recent Rental House Listings (100)
| Address | Rent (per week) | Bedrooms | Bathrooms | Garage spaces | Date | Subdivisible into |
|---|---|---|---|---|---|---|
| 1267-1289 Beattys Rd | $510 | 20 Apr 2020 | 0 | |||
| 1267-1289 Beattys Rd | $510 | 20 Apr 2020 | 0 | |||
| 1267-1289 Beattys Rd | $510 | 20 Apr 2020 | 0 | |||
| 1267-1289 Beattys Rd | $510 | 20 Apr 2020 | 0 | |||
| 1267-1289 Beattys Rd | $510 | 20 Apr 2020 | 0 |
Recently Sold Units (100)
| Address | Price | Bedrooms | Bathrooms | Garage spaces | Date sold | Sale Type |
|---|---|---|---|---|---|---|
| 585-611 Mount Cottrell Rd | Price Withheld | 02 Dec 2021 | On Market | |||
| 585-611 Mount Cottrell Rd | Price Withheld | 02 Dec 2021 | On Market | |||
| 585-611 Mount Cottrell Rd | Price Withheld | 02 Dec 2021 | On Market | |||
| 585-611 Mount Cottrell Rd | Price Withheld | 02 Dec 2021 | On Market | |||
| 585-611 Mount Cottrell Rd | Price Withheld | 02 Dec 2021 | On Market |
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