Is GREENVALE a good suburb for positive geared property investment in Australia?

GREENVALE in VIC currently features property rental yields up to 4.1% with a 12-month capital growth value of Up 5.3%. Under standard conditions, suburbs with yields above 5.0% represent strong positive gearing potential.

What is the median house price in GREENVALE 3059?

The median house price in GREENVALE 3059 is approximately $895,000 based on the latest tracked market indices.

Investment Spotlight • Australia

GREENVALE 3059

State: VIC

Updated: 6 August 2026

PosiProp AI Investment Summary

GREENVALE (VIC 3059) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 4.1% and has experienced a 12-month capital growth of Up 5.3%, with a median house buy price of $895,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.

Positive Gearing Potential Verified: Suburb rental index metrics qualify Richmond for positive cash flow portfolios. Review the price brackets and explore the live listings below.

Market Yield & Price Indices

2 house • buy

$825,500

Up 21.0% 4.4% Yield

3 house • buy

$793,750

Up 8.0% 4.1% Yield

4 house • buy

$900,000

Up 4.5% 4.0% Yield

all house • buy

$895,000

Up 5.3% 4.1% Yield

Suburb Market Profile

Last month Greenvale had 56 properties available for rent and 110 properties for sale. Median property prices over the last year range from $895,000 for houses to $662,500 for units. If you are looking for an investment property, consider houses in Greenvale rent out for $650 PW with an annual rental yield of 4.1% and units rent for $580 PW with a rental yield of 4.7%. Greenvale has seen an annual compound growth rate of 5.3% for houses and 9.5% for units.

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