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City of Hume
Gladstone Park

Gladstone Park Property Market
& Suburb Profile

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MEDIAN PRICES IN GLADSTONE PARK

Median house price

(all agencies, last 12 months)$790k*

House price change

(all agencies, last 12 months)+11.27%

Median unit price

(all agencies, last 12 months)$461k*

Unit price change

(all agencies, last 12 months)-12.29%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

GLADSTONE PARK PRICE TRACKER

HousesUnits

GLADSTONE PARK SALES OVERVIEW

  • Sold by Auction 93%
  • Sold by Private Sale or Other Method 7%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)22

Average days on market (units)

(all agencies, 12 months)127

Auction clearance rate in Gladstone Park

(all agencies, last 12 months)93%

Average held period in Gladstone Park

(proptrack)12 years

GLADSTONE PARK INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$597pw

House rental price change

(all agencies, last 12 months)0.04%

Median rental price for Units

(all agencies, last 12 months)$502pw

Unit rental price change

(all agencies, last 12 months)0.03%

Average rental yield for Houses

(all agencies, last 12 months)3.85%

Average rental yield for Units

(all agencies, last 12 months)4.67%

Gladstone Park total population size

(as at the last census)8,213

Median household size in Gladstone Park

(as at the last census)2.6

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

GLADSTONE PARK PROPERTY TYPES

  • Houses 64%
  • Units 3%
  • Other 33%

OCCUPANCY IN GLADSTONE PARK

  • Owned 77%
  • Rented 21%
  • Other/Not Stated 2%
  • Singles 22%
  • Families 76%
  • Other 2%

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ABOUT GLADSTONE PARK

Gladstone Park is a well-established residential suburb located approximately 15 kilometres northwest of the Melbourne CBD. Designed in the 1960s as a comprehensive "garden suburb," it is defined by its distinct circular street layouts and its highly strategic position at the junction of the Tullamarine Freeway and the Western Ring Road. It serves as a vital gateway to Melbourne Airport and is recognised for its strong community spirit and high density of family-oriented amenities.

The lifestyle in Gladstone Park is characterised by convenience and outdoor activity. The suburb is anchored by the Gladstone Park Shopping Centre, a regional hub featuring three major supermarkets (Woolworths, ALDI, and IGA) along with a wide array of specialty stores and a lively food court. For recreation, residents enjoy a network of parks including the Gladstone Park Reserve, which is a major local hub for soccer and walking, and Elmhurst Park, which features a skate park and picnic facilities. The suburb’s eastern edge is bordered by the Moonee Ponds Creek and the Jacana Valley, providing access to the regional Moonee Ponds Creek Trail for long-distance cycling and walking.

Significant infrastructure and educational upgrades are currently revitalising the suburb in 2025. Gladstone Park Secondary College has commenced a major $11.7 million upgrade this year to deliver industry-standard digital arts and technology facilities, as well as modernized learning spaces throughout the campus. Additionally, a new permanent kindergarten is being constructed at Gladstone Views Primary School, with completion scheduled for mid-2026. These investments reflect the suburb’s ongoing transition as it modernizes to meet the needs of a new generation of families. Connectivity also remains a primary asset, with an extensive bus network linking residents to the nearby Broadmeadows transit super-hub and the Essendon DFO retail precinct.

From a property perspective, Gladstone Park is a resilient and high-demand market, frequently cited as one of Melbourne’s most liveable affordable suburbs. The housing stock is predominantly composed of original 1960s and 70s brick homes on generous allotments, which are increasingly sought after by first-home buyers and renovators. With a very high owner-occupation rate of nearly 77%, the suburb maintains a stable, neighborly atmosphere. Its combination of established schools, abundant retail, and rapid freeway access continues to drive low "days on market" and competitive auction results.

Education

Gladstone Park Primary School
Gladstone Park Secondary College
Gladstone Views Primary School
School of the Good Shepherd
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SALES COMPARISON

Find out how Gladstone Park median sales prices compare to neighbouring suburbs.

GLADSTONE PARK MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025131$625,25011.27%118$550pw4.26%
2024125$630,000no change109$535pw4.67%
2023100$575,000-2.74%114$496pw4.36%
2022124$542,5000.21%145$429pw3.84%
2021153$670,25013.83%125$391pw3.33%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025131$625,250+11.27%
2024125$630,000no change
2023100$575,000-2.74%
2022124$542,500+0.21%
2021153$670,250+13.83%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025118$550pw4.26%
2024109$535pw4.67%
2023114$496pw4.36%
2022145$429pw3.84%
2021125$391pw3.33%

PROUDLY SERVICING Gladstone Park

Barry Plant
Gladstone Park

Shop 156E Gladstone Park Shopping Centre
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NEWS & INSIGHTS

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Handy tips for the first home buyer

*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.