Median priceⓘLast 12 months
515kk
↓ -3.7% YoY
Unit rentals dominate Gardenvale — houses make up a tiny share, with 48 leases at $455 a week (up), renting out in about 19 days, among Victoria's strongest unit rent gains, with more than half being 1-bedroom.
Unit sales are a much smaller second, with 22 sales at around $515K, taking about 25 days to sell, with prices weaker than most unit markets. Then come 7 house sales at around $2.131M and 3 house rentals at $1,180 a week.
Who lives hereA middle-income, renter-heavy, mixed-age suburb — high-rise-heavy, with a strongly professional workforce, with great public transport.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
12% report Irish ancestry, but only 0.7% were born in Ireland — the gap is the Australian-born and diaspora Irish community, invisible in birthplace alone.
A mix of established and newer migrant families.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Incomes, employment, and the occupation mix of the people who live here.
A typical household earns about 1.6× the typical individual here.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
No school inside Gardenvale itself — the closest options around it are shown. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
How settled or transient the community is — and where newcomers came from.
Headline price, rent, yield and time on market for Gardenvale — choose a property type and size below.
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Eight diagnostic views cutting the data a different way each time — Gardenvale in blue, peers in colour.
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Every market within reach of Gardenvale, ranked by distance — each compared against this suburb's Units · Total segment so divergence reads at a glance.
VIC markets whose Units · Total segment behaves most like Gardenvale's on the buy side — ranked by a like-for-like blend of price, yield, days on market, ownership cost and cycle phase.
Comparable sales markets to Gardenvale include Westmeadows (VIC 3049), Mernda (VIC 3754), Burnley (VIC 3121), Lara (VIC 3212), Tarneit (VIC 3029), Leopold (VIC 3224), Roxburgh Park (VIC 3064) and Golden Square (VIC 3555). Each link opens that suburb's full market report.
21 data-driven answers about Gardenvale's property market — every one computed from the metrics above.
The median house price in Gardenvale, VIC 3185 is $2.13M as of June 2026, based on 7 sales recorded over the past 12 months. Houses there have moved +16.2% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
The median unit price in Gardenvale, VIC 3185 is $515k as of June 2026, based on 22 sales over the past 12 months. Units have moved −3.7% year-on-year and currently trade at roughly 24% of the median house price.
The median weekly house rent in Gardenvale is $1180 as of June 2026, drawn from 3 leases over the past 12 months. Units rent for around $455 per week. House rents have moved +27.6% year-on-year. Current vacancy pressure is shown in the supply section above.
Gross rental yield in Gardenvale is 2.70% for houses and 4.60% for units as of June 2026, compared with the VIC unit median of 5.12%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
As of June 2026, Gardenvale medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $1.85M | — | $2.2M | $2.13M |
| Units | $301k | $581k | $1.32M | — | $515k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
At the median Gardenvale unit ($515k purchase, $455/week rent), weekly mortgage repayments sit at roughly $570 — about $115 more per week than renting. That gap is the ownership premium. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
Gardenvale's property market trends to June 2026: house prices rose +16.2% year-on-year and units −3.7%; weekly house rents moved +27.6%; homes sell in a median 44 days; sales supply sits at 1.7 months (severe). Read together — price, rent, selling speed and supply — they show which way the Gardenvale market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
As of June 2026 in Gardenvale, house prices rose +16.2% over the year, gross rental yield is 2.70% against a VIC median of 3.84%, houses take a median 44 days to sell, sales supply is 1.7 months (severe). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
Houses in Gardenvale sell in a median 44 days on market as of June 2026, with units clearing slightly faster at 25 days. Faster clearance typically coincides with stronger buyer demand and lower supply.
Gardenvale's sales market sits at 1.7 months of supply for houses as of June 2026 — classified as Severe (extreme shortage) against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is looser at 4.0 months of supply.
House prices in Gardenvale moved +16.2% over the 12 months to June 2026, while units moved −3.7%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
Gardenvale's house rental market sits at 4.0 months of supply as of June 2026 — classified as Saturated (extreme oversupply), with 3 houses leased over the past 12 months. Units sit at 1.3 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Gardenvale's median house price ($2.13M) is 176% above the VIC median ($773k) as of June 2026. On selling speed, houses clear in 44 days vs 29 days state median. On gross yield, Gardenvale sits at 2.70% vs 3.84% state median.
The most-transacted segment in Gardenvale over the 12 months to June 2026 is 1 bed units with 11 sales. 2 bed units come second at 9 sales. The 'Most popular' panel above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
Gardenvale recorded 7 house sales and 22 unit sales over the 12 months to June 2026 — a combined 29 transactions. On the rental side, 3 houses and 48 units were leased. Segments with statistically thin samples are excluded from displayed figures.
Gardenvale, VIC 3185 is home to 1,019 residents (ABS Census 2021). The median resident age is 39, and the average household holds 2.1 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
The median household in Gardenvale earns $2k per week — roughly $89k a year (ABS Census 2021). Median personal income runs $1k/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
Gardenvale is mostly owner-occupied: about 53% of households are owner-occupiers and 47% rent (ABS Census 2021). Of owners, 28% own outright and 25% are paying off a mortgage.
Gardenvale has 60 schools within reach — including Leibler Yavneh College, Gardenvale Primary School, St James' School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Gardenvale, VIC 3185 has a population of 1,019, a median age of 39, a median household income around $2k/week, 47% of households renting (ABS Census 2021). There are 60 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
This Gardenvale market data was last updated June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.
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