Your suburb, scored · Data as of Oct 2026

Grangefields, VIC

Postcode 3335 · Melton council area · Greater Melbourne · One of 15,000 suburbs we score across 27 indicators, updated monthly

R-Score 89 / 100 — ranked #1,811 of 15,286 suburbs this month

Market conditions here are running warmer than most

Most of the demand and supply indicators we track are sitting above the national midpoint this month.

Scores describe measured market conditions — not personal advice, and not a forecast.

Median house price$650,000

Up 1.6% over the past 12 months of settled sales.

Median weekly rent$490/wk

That's a gross yield of 3.9% at the current median price.

Vacancy rate172.7%

Above the 1.5% line where the rental market starts to loosen.

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Best Streets in Grangefields, VIC

Two streets in the same suburb can sit in completely different census blocks for owner-occupiers, public housing, and rental yield. Drill down into Grangefields's streets below.

Other High-Scoring Suburbs in Melton (VIC)

IndicatorGrangefields ReadingContext & Benchmark
Ripehouse R-Score89 / 100Ranked #1,811 of 15,286 Australian suburbs (Oct 2026)
Median House Price$650,000+1.6% over the past 12 months of settled sales
Median Weekly Asking Rent$490/wkImplies a 3.9% gross rental yield at the current median price
Rental Vacancy Rate172.7%Above the 1.5% tight-supply threshold
Median Days on Market72 daysPart of Melton (VIC) council area (LGA avg R-Score 88/100)

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Grangefields VIC FAQs

Frequently Asked Questions: Investing in Grangefields, VIC

Key answers from the Oct 2026 Ripehouse Advisory suburb and street research bake for Grangefields.

Is Grangefields VIC a good suburb for property investment in 2026?

As of Oct 2026, Grangefields (VIC 3335) scores 89/100 on the Ripehouse R-Score, ranking #1,811 out of 15,286 Australian suburbs. Market conditions here are running warmer than most. Key fundamentals include a median price of $650,000, median rent of $490/wk, gross yield of 3.9%, and vacancy of 172.7%.

What is the median house price and 12-month growth in Grangefields VIC?

The current median property price in Grangefields (VIC) is $650,000 (Oct 2026), representing a +1.6% change over the past 12 months. Properties in Grangefields currently spend a median of 72 days on market.

What is the rental yield and vacancy rate in Grangefields VIC?

In Grangefields (VIC), the median weekly asking rent is $490/wk, producing a gross rental yield of 3.9%. The suburb vacancy rate is 172.7% as of Oct 2026.

What are the best streets in Grangefields VIC?

Ripehouse Advisory scores every G-NAF street in Grangefields against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Grangefields Street Score tool on this page to compare individual streets.

Which council area (LGA) is Grangefields VIC located in?

Grangefields (VIC, postcode 3335) is located in the Melton council area (LGA) within Greater Melbourne. Across Melton, the council-wide average R-Score is 88/100 across 18 suburbs.

R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.