5/145 Torquay Rd, Grovedale is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 241m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in August 2015.
Currently let on a periodic tenancy at a healthy $280 per week, this exceptionally well presented two bedroom residence is the perfect investment, first or retirement property. Delightful lounge dining/kitchen is blessed with Northerly aspect. Spacious bathroom and separate laundry, external single lock up garage and outdoor area with storage shed. Close to public transport, thriving Waurn Ponds shops and Deakin University.
The size of Grovedale is approximately 7.0 square kilometres. It has 21 parks covering nearly 14.3% of total area. The population of Grovedale in 2016 was 14308 people. By 2021 the population was 14869 showing a population growth of 3.9% in the area during that time. The predominant age group in Grovedale is 20-29 years. Households in Grovedale are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Grovedale work in a professional occupation.In 2021, 68.90% of the homes in Grovedale were owner-occupied compared with 70.50% in 2016.
Grovedale has 7,554 properties. Over the last 5 years, Houses in Grovedale have seen a 29.27% increase in median value, while Units have seen a 20.75% increase. As at 28 February 2026:
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