Grantville suburb profile
Grantville is a charming coastal town located in Victoria, nestled along the eastern shores of Western Port Bay. Known for its tranquil setting and natural beauty, Grantville offers a peaceful retreat from the hustle and bustle of city life. The town is a gateway to the scenic attractions of the Bass Coast, including nearby nature reserves and coastal parks. With a welcoming community, local shops, and essential amenities, Grantville provides a relaxed lifestyle for residents and visitors alike. Its proximity to Phillip Island and other regional attractions makes it a convenient base for exploring the wider area.
Grantville property market performance
Grantville’s property market has experienced modest growth over the past 12 months, with house values increasing by 3.4%, bringing the median house price to $646,000. The unit market remains inactive, with no sales or price changes reported. Over the past three months, 12 houses were sold, but properties are taking longer to sell, with a median of 157 days on the market, indicating a slower pace in buyer activity.
The rental market for houses in Grantville has seen a slight increase, with average rent rising by 4.2% to $495 over the last 12 months. The unit rental market remains inactive, reflecting the lack of unit sales and demand in the area.
| Houses | Units | |
|---|---|---|
Median price Past 3 months | $646K | N/A |
Change in value Past 12 months | 3.4% | N/A |
Sold Past 3 months | 12 | N/A |
Median days on market Past 12 months | 157 | N/A |
Average rent Past 12 months | $495 | N/A |
Change in rent Past 12 months | 4.2% | N/A |
5 year median price trend for houses and units
Grantville demographics
Grantville, a quaint suburb located in Victoria, offers a serene lifestyle with its picturesque surroundings and close-knit community. With a population of just 1,168, it provides a peaceful retreat from the hustle and bustle of city life. The median age of 52 indicates a mature population, with many residents likely enjoying the tranquility and slower pace that Grantville offers. This makes it an attractive location for retirees and those seeking a quieter lifestyle.
The suburb's housing landscape is characterized by a high rate of outright home ownership, with 47% of properties owned outright. This suggests a stable community with long-term residents who have established roots in the area. Additionally, 35.5% of properties are owned with a mortgage, reflecting a mix of established homeowners and newer families entering the market. The rental market is relatively small, with only 17.5% of properties being rented, which further emphasizes the suburb's appeal to those looking for permanent residence.
Family dynamics in Grantville are diverse, with couple families without children making up 52.7% of the family households, while couple families with children account for 29.8%. One-parent families represent 17.6% of the community, highlighting a supportive environment for various family structures. The median total household income of $1,107 per week reflects the suburb's modest yet comfortable living standards. Overall, Grantville offers a charming and peaceful lifestyle, ideal for those seeking a community-oriented environment amidst natural beauty.
Grantville infrastructure, key developments and investment opportunities
Grantville remains a small rural-coastal township with limited large-scale redevelopment, and most recent activity has focused on small business growth and tourism-oriented uses such as local hardware, nursery, hospitality and adventure camp facilities, which support local employment and help underpin steady property demand.[4][6][7] The town’s setting on Western Port Bay and its mix of village living and acreage properties continue to be the main drawcards, with lifestyle buyers attracted to coastal views, rural outlooks and access to nearby recreation areas, which may support long-term price growth.[3][8]
Grantville falls within the Bass Coast local government area, where strategic planning generally emphasises managed coastal growth, protection of environmental values and incremental infrastructure upgrades rather than major new transport or urban projects, meaning future change is likely to be gradual and focused on improving livability rather than dramatically increasing density.[2][8] At this time there are no widely publicised major transport, school or hospital projects specific to Grantville that would significantly alter the suburb’s property market dynamics in the short term.
Grantville rental market trends
The rental market in Grantville has experienced modest growth, with house rents increasing by 4.2% over the past year to $495 per week. However, there has been no change in unit rents, which remain at $0, indicating a potential lack of available units. Grantville offers a tranquil lifestyle with potential for future development, appealing to those seeking a peaceful community.
Suburbs near Grantville
Some popular suburbs near Grantville include:
How does Grantville compare to nearby suburbs?
- Median house prices: Grantville’s median house price is 0.9% higher than Coronet Bay’s.
- House price growth: Over the past 12 months, house prices in Grantville have grown 7.2% higher than in Pioneer Bay.
- Selling speed for houses: Properties in nearby Pioneer Bay are selling 64.3% faster than in Grantville.
- House price growth: Over the past 12 months, house prices in Grantville have grown 40.0% lower than the average rate of growth across Melbourne.

