Market snapshot
Suburb insights for Greenvale3059
Change suburbGreenvale is located 24 km north of the CBD. Greenvale has been one of the fastest growing new suburbs in Melbourne over the last twenty years. It has been one of the major areas of new residential development in the northern suburbs. The suburb features large dwellings with a high proportion (53%) containing four or more bedrooms. The suburb also features the Greenvale Reservoir Ornamental Park and the Greenvale Shopping Centre.
Sales data
Median sale price
$867k
Quarterly price change
3.2%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Greenvale | Metro comparison |
|---|---|---|
| 2 | - | $888,000 |
| 3 | $682,500 | $807,000 |
| 4 | $873,400 | $950,000 |
| Insight | Greenvale | Metro comparison |
|---|---|---|
| Clearance rate | 83.3% | 72.6% |
| Days on market | 45 | 43 |
Rental data
Median weekly rent
$650
Rental yield
3.8%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Greenvale | Metro comparison |
|---|---|---|
| 2 | - | $575 |
| 3 | $580 | $550 |
| 4 | $675 | $600 |
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