VIC3059· Pop. 21,274Hume

GREENVALE

MaturePremium-priced suburb — lower upside but defensive and liquid

Investor score

59

Liveability score

54

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

Real

$855,000

VIC Gov · 2025

Rent yield

Real

2.6%

computed from govt data

Annual growth

Real

0.6%

annualised from govt data

Vacancy rate

Est.

2.6%

modelled estimate

AI insights for GREENVALE

Investment analysis, risks & comparisons

PREMIUM

GREENVALE shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

AI insights locked

Investment analysis · Risk assessment · Suburb comparisons

Unlock with Premium

Compare GREENVALE with nearby suburbs

Side-by-side on price, yield, growth, schools, safety & more.

Resident reviews

What people who know GREENVALE say

Sign in to share your experience of GREENVALE.

No reviews yet — be the first to share what GREENVALE is like.

Reviews are the opinions of individual users and are not verified by Australia Property.

Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$430/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+4.2%

annual shift

Yield × growth index

1.6

combined signal

Net yield (est.)

3.07%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+3.5%

est. compound, long-run avg

10-yr growth (CAGR)

+5.9%

est. compound, long-run avg

Rental demand

47 / 100

Moderate demand

Supply pipeline

Est.

2.5%

new dwellings approved / stock · Modelled estimate

Moderate supply

5-year price history

2020
$720k
2021
$820k
2022
$881k
2023
$845k
2025
$855k

Source: VIC Gov · 2025 · all sources

Market overview

GREENVALE is a metropolitan VIC suburb with moderate capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

  • Metro VIC suburb with strong infrastructure and transport
  • Rental yield 2.6% with stable tenant demand
  • Access to national transport network and amenities

Risk factors

  • Below-average growth — limited capital appreciation signal
  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$2,262/wk

$73k taxable p.a.

Renters

12.2%

85.5% owner-occupier

Median age

35.0 yrs

Unemployment

3.4%

Population growth

+1.5% p.a.

Investor-owned

18.0%

of all dwellings (ATO)

Houses

66%

21% apartments

Degree qualified

46.0%

bachelor's or higher (ABS)

Work from home

17.3%

of employed residents (ABS Census)

Median lot size

400 m²

Compact block

Household size

2.5 persons

avg per dwelling (ABS Census)

Short-term rental

7.5%

Some Airbnb activity

Market activity

Distance to CBD

20.7 km

Outer suburbs

Days on market

33 days

Normal turnover

Auction clearance

65.2%

Strong demand

Walkability

41 / 100

Very walkable

Coastal proximity

15.2 km

Coastal fringe

NBN technology

FTTP

Fastest — full fibre to premises

Population density

2,069/km²

Dense urban

Schools in postcode 3059

🏫4 Primary🎓2 Secondary📚1 Combined
ACARA 2025

🏫Primary (4)

Mary Queen of Heaven Catholic Primary School

Catholic · Yrs Prep-6 · Major Cities

ICSEA 1065(74%)
236 students13:1 student–teacher50% girls26% top SEA quarter

St Carlo Borromeo School

Catholic · Yrs Prep-6 · Major Cities

ICSEA 1062(73%)
571 students15:1 student–teacher48% girls21% top SEA quarter

Greenvale Primary School

Government · Yrs Prep-6 · Major Cities

ICSEA 1034(61%)
593 students15:1 student–teacher50% girls17% top SEA quarter

Keelonith Primary School

Government · Yrs Prep-6 · Major Cities

ICSEA 1032(61%)
361 students14:1 student–teacher45% girls17% top SEA quarter

🎓Secondary (2)

Greenvale Secondary College

Government · Yrs 7-10 · Major Cities

ICSEA 997(46%)
540 students13:1 student–teacher46% girls11% top SEA quarter

Kolbe Catholic College

Catholic · Yrs 7-12 · Major Cities

ICSEA 980(38%)
1,293 students12:1 student–teacher50% girls9% top SEA quarter

📚Combined (1)

Aitken College

Independent · Yrs Prep-12 · Major Cities

ICSEA 1102(85%)
1,453 students13:1 student–teacher51% girls38% top SEA quarter

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

High crime
0/ 100

24.0 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Average
1039ICSEA · national avg 1000

7 schools in postcode area

Source: ACARA My School 2025

Transit access

Excellent
95/ 100
🚆 3 train🚃 4 tram🚌 38 bus

Source: State GTFS feeds

Gentrification signal

44

/ 100

Early signs

Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

none

Source: State GIS flood zone data

🔥

Bushfire risk

none

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

low

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in GREENVALE

View listings

Local professionals

Connect with agents and building inspectors who operate in GREENVALE. Ask about off-market opportunities, rental appraisals, or arrange a building inspection.

Sign in to contact local professionals

Create a free account to message agents and inspectors directly.