GowanbraeVIC · suburb profile
VIC 3043 · Merri-bek
Residents of Gowanbrae experience a suburban lifestyle with a high rate of home ownership, as 48.5% of homes are owned with a mortgage and 30.5% are owned outright. The suburb has a strong community feel, with 77.3% of households being family households. Commuting is primarily done by car, with 51.4% of residents driving to work, while 29.5% work from home, which is higher than the Victorian average.
Sales · 12 months to August 2026
What property sold for in Gowanbrae
Houses · Gowanbrae is a quiet market for houses: 18 sales in the 12 months to August 2026, with a median around $970,000.
Houses
$970k
median of 18 sales
Too few sales to be reliable — treat as a rough guide
Half sold between $719k and $1.21m.
Last sold within the past two weeks
18 sales on record · data to 30 August 2026
Since 2022
How prices have moved
- Houses
- Units
Dashed lines and hollow points are part years — incomplete, so a dip may only mean fewer sales have happened yet. A break in a line is a year with no published figure, not a fall to zero.
| Year | Houses | Units |
|---|---|---|
| 2026 · part year | $915k | |
| 2025 · part year | $935k | |
| 2024 | $1.02m | $728k |
| 2023 | $865k | $725k |
| 2022 | $903k | $721k |
Quarter by quarter
| Quarter | Median | Sales | Change |
|---|---|---|---|
| 2026 Q2 | $830k | 6 | -16.2%low confidence6 sales this quarter, 6 the quarter before. Under 30 either side, the movement is mostly which homes happened to sell rather than the market moving. |
| 2025 Q4 | $990k | 6 |
A change is marked low confidence where either quarter had fewer than 30 sales. The medians are real; with a handful of sales the movement between them is mostly which homes happened to change hands, not the market moving.
Last 12 months
What an extra bedroom costs in Gowanbrae
In Gowanbrae, over the last 12 months, a three-bedroom house has a median of $728,000 from 10 sales, while a four-bedroom house has a median of $1.17 million from 6 sales.
| Bedrooms | Median | Sales |
|---|---|---|
| 3 | $728k | 10 · few |
| 4 | $1.17m | 6 · few |
Counts with fewer than five sales are left out rather than estimated, and bigger does not always mean dearer — a bedroom count with few sales can be pulled either way by the particular homes that happened to change hands.
The read
What living here is actually like
Gowanbrae is a suburb with a population of 2,965, characterized by a median age of 40, which is slightly older than the Victorian average of 38. The area has a balanced gender distribution with 48.2% males and 51.8% females. Families are predominant, with 53.2% of households being couples with children, and 30.8% being couples without children. The suburb has a high median household weekly income of $2,208, significantly above the Victorian average of $1,759.
Buyer fit
Who this suburb suits
One score per buyer type, out of 100, built from the demographic, housing and commute profile. Strongest first.
Buyer-fit score
Gowanbrae · 0–100
Show data table
| Buyer type | Score |
|---|---|
| Families | 85 |
| Professionals | 75 |
| Retirees | 70 |
| Investors | 65 |
| First home buyers | 60 |
Why families score highest
The signals doing the work
- High percentage of family households at 77.3%
- Majority of homes are separate houses (69.1%)
- Above average median household income supports family living
- Good community feel with a high percentage of couples with children (53.2%)
Against the state
How Gowanbrae differs from Victoria
Every bar is this suburb. The vertical tick is the Victorian figure — the gap between them is the story.
Housing & movement
What’s built here, and how people leave in the morning
Dwelling mix
Share of occupied private dwellings
Show data table
| Dwelling type | Share |
|---|---|
| Apartments | 3.1% |
| Separate houses | 69.1% |
| Townhouses | 28% |
How people get to work
Method of travel, 2021 Census
Show data table
| Method | Share |
|---|---|
| Worked from home | 29.5% |
| Drove a car | 51.4% |
| Public transport | 2.7% |
| Walked only | 0.6% |
| Car passenger | 3% |
Costs 2021 Census
Census figures, collected in 2021. Rents and repayments have moved since — for what property is selling for now, see .
Top occupations
Share of the employed workforce
Key highlights
- High income levels with a median household weekly income of $2,208 (vs VIC $1,759)
- Majority of residents are homeowners with 48.5% owning with a mortgage
- High percentage of family households at 77.3%
- Significant work-from-home population at 29.5% (vs VIC 25.7%)
- Low unemployment rate at 4.5% (vs VIC 5.0%)
Things to be aware of
- Lower percentage of separate houses at 69.1% (vs VIC 73.4%)
- Limited public transport usage at 2.7%
- Higher median weekly rent at $445
- Lower percentage of residents with a bachelor's degree or higher at 26.6% (vs VIC 29.2%)
- Limited diversity with 73.3% born in Australia
Coming soon to this page
Where the richer profile lands
Schools & catchments
Zoned primary and secondary, NAPLAN bands, distances.
Transport & access
Stations, tram routes, drive time to the CBD, walkability.
Development activity
Permits approved, projects underway, zoning changes.
Want to dig into one address in Gowanbrae?
A suburb page gets you this far. For a specific block you get what homes of that size sell for here, the schools that address is zoned to, any subdivisions proposed within 500 m, plus lot dimensions, easements, planning overlays and true sun aspect — free, no account.
X-Ray an address →Data sources
Demographic figures from the Census of Population and Housing © Australian Bureau of Statistics, used under Creative Commons Attribution.
Cadastral and boundary data contains information © State of Victoria (Vicmap), licensed under CC BY 4.0.
Narrative summaries are AI-generated from the underlying data and may contain errors.
Base map © Mapbox © OpenStreetMap. Improve this map at openstreetmap.org/fixthemap.
Informational only — not financial, legal or planning advice. Verify zoning, overlays and catchments with the relevant council before relying on them. Data vintage: 2021 Census.