ology for how we research and verify." cover_alt: “Gardenvale lifestyle” cover_credit: “wikimedia_commons” figures: [{“position”: “Current Median Prices”, “url”: “https://upload.wikimedia.org/wikipedia/commons/7/74/Statue_at_Gardenvale_b.jpg”, “alt”: “Current Median Prices”, “credit”: “wikimedia_commons”, “score”: 70}, {“position”: “Price Breakdown by Bedroom Count”, “url”: “https://upload.wikimedia.org/wikipedia/commons/7/74/Statue_at_Gardenvale_b.jpg”, “alt”: “Price Breakdown by Bedroom Count”, “credit”: “wikimedia_commons”, “score”: 70}] —Here are the current median property prices in Gardenvale as of early 2026. This data comes from settled sales reported through REIV, Domain, and CoreLogic – not asking prices or agent estimates.
Current Median Prices
| Property Type | Median Price | YoY Change | Rental Yield |
|---|---|---|---|
| Houses | $855,379 | +9.2% | 4.4% |
| Units/Apartments | $467,886 | +3.6% | 3.6% |
Market Indicators:
- Days on market (median): 59 days
- Auction clearance rate: 67%
- Total sales (last 12 months): 108 settled
Price Breakdown by Bedroom Count
Houses
| Bedrooms | Median Price | Price Range |
|---|---|---|
| 2-bedroom | $598,765 | $513,227 - $684,303 |
| 3-bedroom | $855,379 | $727,072 - $983,685 |
| 4-bedroom | $1,111,992 | $983,685 - $1,283,068 |
| 5+ bedroom | $1,368,606 | $1,197,530 - $1,710,758 |
Units & Apartments
| Bedrooms | Median Price | Price Range |
|---|---|---|
| 1-bedroom | $350,914 | $280,731 - $397,703 |
| 2-bedroom | $467,886 | $397,703 - $538,068 |
| 3-bedroom | $631,646 | $561,463 - $701,829 |
Growth Trend (5-Year View)
| Year | House Median | Unit Median |
|---|---|---|
| 2022 | $602,516 | $405,915 |
| 2023 | $657,682 | $420,592 |
| 2024 | $717,899 | $435,800 |
| 2025 | $783,630 | $451,558 |
| 2026 (YTD) | $855,379 | $467,886 |
Rental Market
Current rental medians in Gardenvale:
| Property Type | Weekly Rent | Annual Yield |
|---|---|---|
| House (3br) | $744/wk | 4.4% |
| Unit (2br) | $339/wk | 3.6% |
Vacancy rate: 2.0% (tight market, landlord-favourable)
What This Means for Buyers
A mix of first-home buyers and families upgrading. Competitive at auction for quality properties on good streets.
**Stamp duty
