Market snapshot

Suburb insights for Greenvale3059

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Greenvale 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.

Recent sales and auction results in Greenvale

AddressBedroomsPriceTypeMethodSale DateAgentListing
35 Castlehill Av, Greenvale4PriceHousePassed in Vendor Bid5/05/2025Real Estate CityView
12 Straw Flower Cirt, Greenvale3PriceHousePassed in at Auction9/05/2025Ray White Glenroy

Sales data

Median sale price
$876k
Quarterly price change
1%
Metro Melbourne Comparison
$923k
2.7%
BedroomsGreenvaleMetro comparison
2-$881,200
3$702,500$810,000
4$870,900$942,350
InsightGreenvaleMetro comparison
Clearance rate78%78.5%
Days on market4242

Rental data

Median weekly rent
$665
Rental yield
3.9%
Metro Melbourne Comparison
$580
3.3%
BedroomsGreenvaleMetro comparison
2-$580
3$585$550
4$700$600
Median data for the current quarter
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