Located just 8km southwest of the Geelong CBD, Grovedale is one of the regionโs most in-demand suburbs. With its affordable housing, strong rental yields, excellent amenities, and proximity to Deakin University, itโs a fantastic option for first-home buyers, investors, and families.
Grovedale offers a perfect mix of lifestyle and investment potential, with a median house price of $674K, rental yields of 3.87%, and a projected annual ROI of up to 15%. ๐
Letโs explore why Grovedale is one of Geelongโs most promising suburbs.
๐ Location: 8km from Geelong CBD, 70km from Melbourne
๐ก Vibe: Family-friendly, suburban, well-connected
๐ซ Schools: Grovedale College, Grovedale Primary, and nearby Deakin University
๐๏ธ Amenities: Grovedale Central Shopping Centre, Waurn Ponds Shopping Centre
๐ Transport: Quick access to Surf Coast Highway & train stations
๐ณ Recreation: Local parks, sports clubs, and community facilities
๐ก Grovedale is a top choice for families and professionals, offering affordability while being close to Geelongโs CBD and the Surf Coast.
๐ Interested in Grovedale? Book a free consultation with our team today!
๐ก Median House Price: $674,000
๐ Median Weekly Rent (Houses): $502
๐ข Median Unit Price: $477,000
๐ธ Gross Rental Yield (Houses): 3.87%
๐ Rental Vacancy Rate: 2.44%
๐ข Market Snapshot:
Steady capital growth with house prices increasing in recent years.
High rental demand due to proximity to Deakin University and Waurn Ponds.
Rental yields of 3.87% for houses and 4.79% for units, making Grovedale a cash flow-positive option for investors.
Low supply and high buyer interest, meaning properties sell quickly when listed.
๐ Investment Hot Take: With a projected ROI of up to 15%, Grovedale is an ideal suburb for investors looking for strong capital growth and rental stability.
๐น Families: Great schools, parks, and a safe, suburban feel make Grovedale perfect for raising kids.
๐น Investors: High rental yields and strong demand from students and professionals provide solid returns.
๐น Professionals & Students: Close to Deakin University, Waurn Ponds, and Geelong CBD, offering an easy commute.
๐ Want expert insights? Speak to one of our team for a tailored property investment strategy!
๐ซ Schools & Education: Grovedale Primary, Grovedale College, and Deakin University nearby ๐
๐๏ธ Shopping: Grovedale Central Shopping Centre, Waurn Ponds Shopping Centre ๐
๐ณ Parks & Recreation: Local sports clubs, community hubs, and nearby beaches ๐ด
๐ Transport: Direct train access to Melbourne and quick access to Surf Coast Highway ๐
๐ก Grovedale offers a balanced lifestyle, with great amenities, schools, and easy access to Geelong and the Surf Coast.
๐ Grovedale is poised for continued growth, thanks to:
โ๏ธ Geelongโs population boom driving demand for housing
โ๏ธ Major infrastructure upgrades in roads, public transport, and community facilities
โ๏ธ Increasing interest from Melbourne buyers looking for affordable alternatives
๐ Grovedaleโs proximity to Geelongโs major shopping and education hubs makes it a safe bet for future property growth.
๐ฃ โGrovedale is a low-risk, high-growth suburb in Geelong. Its strong rental market, great lifestyle, and affordability make it an ideal suburb for homebuyers and investors alike.โ โ TradeView Property
๐ก Pro Tip: With house prices still affordable compared to premium suburbs, now is a great time to secure a property before prices rise further.
๐ Whether youโre a first-home buyer, investor, or looking for a high-growth suburb, Grovedale offers great value and lifestyle benefits.
๐ Want expert advice on buying in Grovedale?
โ๏ธ Book a free call with our buyersโ agents
โ๏ธ Get a customised property investment plan
โ๏ธ Find the best deals before prices increase further!
๐ Click here to schedule a free consultation. ๐
Grovedale is one of Geelongโs best-performing suburbs, offering:
โ
Affordable homes & strong rental demand
โ
Excellent schools, transport, and lifestyle amenities
โ
Strong capital growth & increasing buyer interest
๐ Thinking about buying in Grovedale? Let us help you secure the right property at the right price.
๐ฉ Get in touch now!