Suburb Profile Report for Doncaster East VIC (3109)

Doncaster East House: Median price $1,230,000, Annual capital growth 10.53%, Number of sales 304, Weekly median advertised rent $500

Doncaster East Unit: Median price $680,000, Annual capital growth 5.90%, Number of sales 167, Weekly median advertised rent $438

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

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

Investment property in Doncaster East has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 6.96%

Doncaster East,3109 was ranked 2355 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -4.71% to buyers in Doncaster East at the moment, which is less than average for the rest of VIC.

The VIC suburb of Doncaster East, 3109 is in the Manningham local government area.

If you compare the increase in value of investment property in Doncaster East, 3109 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -0.73%.

Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Doncaster East has increased when compared to the 5 year average annual rate.

LACK OF BUYER INTEREST may well be the reason that Doncaster East is offering property investors an average of -5.03. This rate of discount on properties puts Suburb at number 187th in terms of most discounted suburbs in VIC

With the median price for a house in Doncaster East being $680000 and the advertised rent reaching $437.5 the gross rental yield for property investors calculates out to be 3.35%

Dane Seeley Information supplied by:

Dane Seeley
Philip Webb

M 0413 957 365
O 9874 3355

W http://www.philipwebb.com.au/
E dseeley@philipwebb.com.au
Doncaster East is a great suburb, perfect for people of all ages. Offering excellent schools, parks, shopping, easy access to the CBD plus a very quiet and safe place to live. Full summary
Doncaster East is a great suburb, perfect for people of all ages. Offering excellent schools, parks, shopping, easy access to the CBD plus a very quiet and safe place to live. 
 
Selling points: 
Close to schools, local shopping, Westfield Doncaster, family friendly.
 
Most sought-after properties: 
Family homes in East Doncaster school zone or Doncaster Gardens Primary.
 
Most common properties:  
1960’s/1970’s 3 bedroom, L shape lounge/dining.
 
Top amenities: 
East Doncaster Secondary College, Doncaster Gardens, Ruffey Lake Park.
 
Local industry and business:
Devon Plaza, The Pines, Jackson Court and Donburn shopping centres.
 
Recent changes: 
Apartment development.
Bus lanes.
60km zone on Blackburn Road.
 
Best streets: 
Deep Creek Drive, Milgate Estate.
 
Public transport: 
Buses to city and train station.
 
Main arteries: 
Doncaster Road, Blackburn Road, Eastern Freeway, King Street, Georges Road.
Close
Metrics i HOUSE UNIT
$1,230,000 $680,000
0.90% 0.52%
6.96% -0.73%
10.53% 5.90%
$500 $438
304 167
2.11% 3.35%
66.32 98.1

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
Find a mortgage broker in Doncaster East VIC
Demographics
Total population 27046
Median household income ($/weekly) 1356
Median age of persons 41
Median housing loan repayment ($/monthly) 2000
Average household size 2.8
  • Census Count Percent(%)
    5-14 years 3075 11.4
    25-34 years 3107 11.5
    35-44 years 3656 13.5
    45-54 years 3929 14.5
    55-64 years 3339 12.3
    Others 9940 36.8
    Age Group
    Census Count Percent(%)
    Registered Married 12140 57.2
    Not Married 8297 39.1
    Defacto Relationship 787 3.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 14575 55.8
    Croatia 2118 8.1
    India 1225 4.7
    Malta 1217 4.7
    Other 1605 6.1
    Others 5368 20.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 1574 6.2
    Christianity 15842 62.8
    Hinduism 377 1.5
    Islam 788 3.1
    No Religion 6235 24.7
    Others 410 1.6
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 807 9.6
    $600-$799 757 9.0
    $1,500-$1,999 1069 12.7
    $2,000-$2,499 737 8.7
    $2,500-$2,999 847 10.0
    Others 4227 50.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 8481 38.8
    Employed, worked full-time 7914 36.2
    Employed, worked part-time 4056 18.6
    Unemployed, looking for work 745 3.4
    Employed, away from work 668 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 1815 14.4
    Professionals 3514 27.8
    Technicians & trades workers 1510 11.9
    Clerical & administrative workers 1966 15.6
    Sales 1453 11.5
    Others 2382 18.8
    Occupation
    Census Count Percent(%)
    Pre-school 441 6.6
    Infants/Primary 1880 28.2
    Secondary 2036 30.6
    Technical or Further Educational Institution 484 7.3
    University or other Tertiary Institutions 1572 23.6
    Others 245 3.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 21036 81.4
    Semi-detached, row or terrace house, townhouse 3292 12.7
    Flat, unit or apartment 1515 5.9
    House or flat attached to a shop, office 10 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 4435 47.8
    Being purchased 2876 31.0
    Rented 1890 20.4
    Other tenure type 69 0.7
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals