The gowanbrae median house price for Q2 2025 was $880,000, reflecting a quarterly decrease of 18.9% and an annual drop of 11.3% according to DataVic/REIV. This decline presents unique opportunities for both buyers and investors in the area.

• The median house price in Gowanbrae for Q2 2025 is $880,000, reflecting a significant QoQ decrease of 18.9%.
• Units have remained stable with a median price of $735,000 over the past year.
• The local population is 2,971, with a median age of 40, and a median household income of $2,208 per week.
• Median rent in Gowanbrae is $445 per week, offering steady rental yields.

What do the numbers say in Gowanbrae?

When examining the current housing market in Gowanbrae, it’s crucial to delve into the latest statistics. The median house price as of the April-June 2025 quarter is $880,000. This represents a notable quarterly decrease of 18.9%, while the yearly reduction stands at 11.3%. For comparison, the median house price in Brisbane for 2026 is markedly different, highlighting regional variations within Australia’s property market.

Concurrently, the median price for units has held steady at $735,000 with no change reported quarter-on-quarter or year-on-year. The stability in unit prices suggests contrasting dynamics in secondary dwelling markets compared to standalone houses. This trend is consistent with other Melbourne suburbs like Cairnlea and Craigieburn.

What are the key considerations?

Several factors are influencing property prices in Gowanbrae. The current median price shifts create an environment ripe for strategic decisions in buying and investing in Gowanbrae. It is essential for potential investors and homeowners to be aware of market trends and identify the right moments for entry. Factors such as household income, rental yields, and property accessibility within the region should be critically evaluated.

The ABS Census 2021 data further complements market understanding, noting Gowanbrae’s population at 2,971 with a median household income of $2,208 weekly. The median rent sits at $445 per week, making it attractive for investors looking for rental income, especially given the current stable median house prices.

How does Collings help?

Collings Real Estate offers personalized services to assist individuals in navigating the dynamic property market. From detailed suburb profiling and property appraisals to comprehensive market insights, we provide tailored expertise to help with buying, selling, or investing in Gowanbrae. Our professional team is equipped to address specific requirements and provide bespoke strategies for leveraging market conditions.

We encourage interested parties to request a free property appraisal and explore buying or selling opportunities with Collings. Our office is located at 230 Waterdale Road, Ivanhoe, VIC 3079. Call us at 03 9486 2000 or email us at info@collings.com.au for further assistance.

Frequently asked questions

Potential buyers and investors often inquire about the future prospects and pricing trends of Gowanbrae property. Key questions include:

• How has the property market performed over the past year? Gowanbrae has experienced a significant decrease in house prices, with the median falling by 18.9% qoq and 11.3% yoy.
• What are the rental yields like? With a median rent of $445 and stable unit prices, rental yields remain attractive.
• Who can assist with buying or selling in Gowanbrae? Collings Real Estate provides market insights and professional guidance to navigate the property landscape effectively.