Rental market inGrovedale VIC 3216
The rental market
Median rent, history and gross-yield calculations for Grovedale, VIC 3216.
Current rent
What it costs to rent here right now.
House (median)
$500/wk
Unit (median)
$430/wk
3 bedroom
$500/wk
2 bedroom
$430/wk
1 bedroom
$340/wk
Rental data as of September 2025· rental-vic
Investor view
Rental yield versus purchase price.
Median house price
$675,000
Median weekly rent
$500/wk
Gross rental yield
3.85%
Gross yield = (weekly rent × 52) ÷ median house price × 100. Does not account for expenses, vacancy, or management fees. Use the rental yield calculator for a net-yield estimate.
History
How rents have moved.
| Period | House median | Unit median |
|---|---|---|
| 2025-Q3 | $500/wk | $430/wk |
| 2025-Q2 | $490/wk | $430/wk |
| 2025-Q1 | $490/wk | $425/wk |
| 2024-Q4 | $490/wk | $420/wk |
| 2024-Q3 | $480/wk | $420/wk |
| 2024-Q2 | $480/wk | $410/wk |
| 2024-Q1 | $475/wk | $415/wk |
| 2023-Q4 | $470/wk | $400/wk |
| 2023-Q3 | $460/wk | $400/wk |
| 2023-Q2 | $460/wk | $395/wk |
| 2023-Q1 | $460/wk | $385/wk |
| 2022-Q4 | $450/wk | $380/wk |
| 2022-Q3 | $450/wk | $375/wk |
| 2022-Q2 | $440/wk | $370/wk |
| 2022-Q1 | $430/wk | $360/wk |
| 2021-Q4 | $420/wk | $350/wk |
| 2021-Q3 | $420/wk | $350/wk |
| 2021-Q2 | $410/wk | $340/wk |
| 2021-Q1 | $400/wk | $330/wk |
| 2020-Q4 | $395/wk | $330/wk |
Active listings
Properties for rent in Grovedale.
Browse current rental listings.
Thinking about investing in Grovedale?
Gross yield is only half the picture. Get matched with a local expert who knows vacancy, tenant demand and what actually rents in Grovedale. Free, no obligation.
Talk to an investment expert