Suburb Profile Report for Doncaster VIC (3108)

Doncaster House: Median price $1,268,500, Annual capital growth 10.92%, Number of sales 240, Weekly median advertised rent $495

Doncaster Unit: Median price $552,500, Annual capital growth 4.09%, Number of sales 253, Weekly median advertised rent $420

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

With a capital gain of 3.13% for the last 12 months, Doncaster, 3108 has performed for property investments than its average annual 10.92% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Doncaster comes in at number 61th in VIC.

Vendor discounting in Doncaster is giving property investors an average Vendor Discount of around -6.24%. This puts suburb at number 226th in VIC when ranking the most discounted suburbs.

Often selling an investment property can take time, and in Doncaster the average time real estate has been on the market is 78.73 days.

Property investors should expect to get $495 weekly from the median priced house in this suburb.

Over the last year, property investments in Doncaster, 3108 have given investors a capital gain of 0.27%. This compares badly with the 3.49% for VIC as a whole.

The five-year average increase in median property values for Doncaster,3108 has given property investors a potential capital gain of 6.05% across each of those five years.

Sellers are offering property buyers an average discount of -7.32% to buyers in Doncaster at the moment, which is less than average for the rest of VIC.

Using the current median advertised rental of $420 and the average annual increase in value of a median property of 4.09%, investors should hope to achieve an overall return of 3.95%

Daniel D’Assisi Information supplied by:

Daniel D’Assisi
Assisi Real Estate

M 03 98487888
O 0411863338

W www.assisi.com.au
E daniel@assisi.com.au
Just 15km north-east of Melbourne's CBD, Doncaster is well placed for both growth and current lifestyle. A vast array of amenities, including health services, schools, sports facilities, shopping centres, restaurants and parks exist in the area, which also plays home to a diverse range of properties.Full summary

Selling points: Doncaster is a wonderful suburb to call home. Doctors and specialists, schools and day care facilities, sports facilities, wonderful night venues and social clubs, a fabulous array of restaurants, gorgeous parks and open spaces, as well as quick access to the CBD via the Eastern Freeway, are only some of the reasons we experience great demand from both new residents and investors. Modern new homes blend nicely with older style homes, and residents enjoy Doncaster's easy and pleasurable lifestyle.

There is a great sense of community and pride in Doncaster and we consider our Manningham sister suburbs of Templestowe/Bulleen etc to be part of this wonderful spirit. The area embraces all nationalities, ages and religions, with a variety of places of worship, social clubs, sports clubs, learning courses, libraries and fitness, swimming facilities. Westfield Shoppingtown is a major shopping, dining and entertainment hub that caters to a varied demographic. The area had greater Melbourne's lowest crime rate, with just fewer than three crimes for every 100 residents in 2011.

Most sought after properties: Low maintenance three-bed, two-bath modern town house accommodation is a stand-out among the diverse range of properties.

Most common properties: Brick veneer three-bedroom family homes on 650m2 to 750m2 are well represented in the suburb.

Top amenities: The local public high schools are listed as some of the state’s finest, together with Westfield Shoppingtown being a go-to destination for locals and residents of surrounding suburbs. Manningham Council in the heart of Doncaster has also just completed the construction of an architectural gem resembling Melbourne’s Federation Square in some ways: The Manningham City Square (MC2), which is set to become a hub of activity with art galleries, cafes, weekend markets, cultural centres and much more. 

Local industry and business: An abundance of retail, hospitality, professional services and small businesses all come together to provide ample employment opportunities for local residents.

Recent changes: There has been much change and development with the previously mentioned Manningham City Square, Westfield Shoppingtown extension and upgrade. The rezoning of the Doncaster Hill Precinct has seen the construction of 10 storey apartment blocks, with many more either in planning or currently under way, creating a real hub of activity in the heart of Doncaster. 

Best streets: The area surrounding Westfield Shoppingtown will become more desirable in future years, with strong support for a local rail extension to come into the zone, great current bus services, easy access to the Eastern Freeway and a huge amount of development in the Doncaster Hill precinct. These represent great growth opportunities for many years to come.

Public transport: Very good bus services with dedicated lanes, a park and ride facility, easy CBD access and hopefully a rail service in the not too distant future.

Main arteries: With seamless access to the Eastern Freeway, the CBD is less than 15 minutes away and you can enjoy a freeway drive to the beaches of Mornington Peninsula within 40 minutes. Melbourne’s MCG, theatres and famous cultural streets such as Lygon St, Brunswick St and Chapel St are all easily accessible. 

Close
Metrics i HOUSE UNIT
$1,268,500 $552,500
1.48% -2.99%
3.13% 0.27%
10.92% 4.09%
$495 $420
240 253
2.03% 3.95%
78.73 99.14

Source: CoreLogic

DSR Score for property investment : Above average (H), Balanced (U)
Find a mortgage broker in Doncaster VIC
Demographics
Total population 18359
Median household income ($/weekly) 1242
Median age of persons 44
Median housing loan repayment ($/monthly) 2000
Average household size 2.6
  • Census Count Percent(%)
    25-34 years 2202 12.0
    35-44 years 2337 12.7
    45-54 years 2422 13.2
    55-64 years 2244 12.2
    65-74 years 2218 12.1
    Others 6937 37.8
    Age Group
    Census Count Percent(%)
    Registered Married 8280 55.7
    Not Married 6031 40.6
    Defacto Relationship 560 3.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 9273 52.5
    Croatia 1966 11.1
    Hong Kong 795 4.5
    Malta 634 3.6
    Other 1079 6.1
    Others 3903 22.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 1061 6.2
    Christianity 10599 62.1
    Hinduism 270 1.6
    Islam 364 2.1
    No Religion 4398 25.8
    Others 372 2.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 620 10.0
    $600-$799 563 9.1
    $800-$999 596 9.6
    $1,500-$1,999 722 11.6
    $2,500-$2,999 538 8.7
    Others 3165 51.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 6530 43.0
    Employed, worked full-time 4990 32.8
    Employed, worked part-time 2720 17.9
    Unemployed, looking for work 490 3.2
    Employed, away from work 465 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 1169 14.3
    Professionals 2410 29.5
    Technicians & trades workers 866 10.6
    Clerical & administrative workers 1210 14.8
    Sales 909 11.1
    Others 1615 19.7
    Occupation
    Census Count Percent(%)
    Pre-school 283 6.8
    Infants/Primary 1114 26.9
    Secondary 1070 25.8
    Technical or Further Educational Institution 326 7.9
    University or other Tertiary Institutions 1163 28.1
    Others 190 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 13807 78.2
    Semi-detached, row or terrace house, townhouse 2623 14.8
    Flat, unit or apartment 1224 6.9
    House or flat attached to a shop, office 12 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 3422 50.8
    Being purchased 1768 26.3
    Rented 1386 20.6
    Other tenure type 159 2.4
    Tenure Type
Census 2011, ABS
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Recent sales & rentals