Greenvale — Houses

BUY
VIC 3059 House Rank #22 of 263 in Melbourne
$808K
Median House Price · recent comparable sales
Structural Growth #22 of 263

Multiple structural factors support above-average growth potential.

DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
BUY
Structural Growth
DEMAND
47 buyers/listing
Strong
LIQUIDITY
30d DOM
Neutral
AFFORDABILITY
-8.9% vs 5yr
Strong
GROWTH OUTLOOK
Good
Strong
YIELD
4.0%
Neutral
SUPPLY PRESSURE
2.4% vacancy
Neutral
#22/263 Good Structure 60 $808K

Atlaso rates Greenvale houses as BUY for capital growth. Rental yield of 4.0% is above the national average. 66% of BUY-rated suburbs grew more than 8% in our validated testing.

At $808K, Greenvale ranks #22 of 263 houses in Melbourne. The long-term structural outlook is Good. Properties sell in 30 days.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Melbourne.

Greenvale Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Shifting to Buyers Early signs of easing. Monitor for entry.
+9.4%
Asking Prices (3mo)
+0.1%
Rents (12mo)
2.2%
Vacancy
56%
Fresh Stock (<30d)

House Asking Prices (12 months)

$911K

House Weekly Rents (12 months)

$651/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3059.

Suburb Profile

Greenvale at a Glance

SEIFA Index
8/10
Most advantaged
Household Income
$2,262/wk
Median household
Median Age
35
Years
Mortgage Stress
22%
of income
Population Growth
+2.9%
vs state +2.2%
Ownership Mix
33.9% owned 52.4% mortgage 11.2% renting

Demographic Trends

Greenvale Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Greenvale Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Greenvale a good suburb to invest in?
Atlaso rates Greenvale as BUY confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Greenvale and 46 Australian cities to generate this rating.
What is the median house price in Greenvale?
The current median house price in Greenvale, vic is $808K, with annual growth of +18.2%. Properties sell in approximately 30 days.
How fast do properties sell in Greenvale?
Properties in Greenvale sell in 30 days on average. The market is currently rated Good. This is in line with the broader market.
What is the growth outlook for Greenvale?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Greenvale's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Greenvale?
The gross rental yield for houses in Greenvale is 4.0%. This is in line with the broader market average.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).