Suburb Profile Report for Dingley Village VIC (3172)

Dingley Village House: Median price $750,000, Annual capital growth 7.89%, Number of sales 138, Weekly median advertised rent $460

Dingley Village Unit: Median price $545,000, Annual capital growth 6.86%, Number of sales 39, Weekly median advertised rent $420

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

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Dingley Village has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.33%

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

Property investors looking for a bargain in Dingley Village should be aiming for at least -4.99% off the asking price, which is the average vendor discount being achieved at the moment.

Dingley Village is in the TOP 20% in VIC when comparing median price capital growth over the last year. Dingley Village gave property investors a very good capital gain figure when compared to the rest of the state, with 10.38%.

Dingley Village,3172 was ranked 229 in Australia by increase in median property value over the quarter.

Our latest figures would indicate that property sellers in Dingley Village are currently offering property investors an average price cut of -6.23% below the asking price at the moment.

HOUSE UNIT
$750,000 $545,000
2.04% 4.81%
9.33% 10.38%
7.89% 6.86%
$460 $420
138 39
3.19% 4.01%
51.65 77.37

Source: CoreLogic

DSR Score for property investment : Very good (H), Very good (U)
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Demographics
Total population 10186
Median household income ($/weekly) 1375
Median age of persons 42
Median housing loan repayment ($/monthly) 1825
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1244 12.2
    35-44 years 1396 13.7
    45-54 years 1568 15.4
    55-64 years 1433 14.1
    65-74 years 957 9.4
    Others 3587 35.2
    Age Group
    Census Count Percent(%)
    Registered Married 4526 57.1
    Not Married 2995 37.8
    Defacto Relationship 406 5.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 7595 76.5
    Indonesia 165 1.7
    Papua New Guinea 132 1.3
    United Kingdom 620 6.2
    Other 288 2.9
    Others 1125 11.3
    Country of Birth
    Census Count Percent(%)
    Buddhism 225 2.3
    Christianity 7091 74.0
    Hinduism 94 1.0
    Islam 132 1.4
    No Religion 1946 20.3
    Others 94 1.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 324 9.8
    $600-$799 322 9.8
    $1,500-$1,999 426 12.9
    $2,000-$2,499 376 11.4
    $2,500-$2,999 311 9.4
    Others 1534 46.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3263 40.0
    Not in the labour force 2671 32.7
    Employed, worked part-time 1743 21.4
    Employed, away from work 299 3.7
    Unemployed, looking for work 183 2.2
    Person Characteristics
  • Census Count Percent(%)
    Managers 729 13.7
    Professionals 1012 19.1
    Technicians & trades workers 800 15.1
    Clerical & administrative workers 956 18.0
    Sales 633 11.9
    Others 1173 22.1
    Occupation
    Census Count Percent(%)
    Pre-school 166 6.9
    Infants/Primary 809 33.8
    Secondary 764 31.9
    Technical or Further Educational Institution 198 8.3
    University or other Tertiary Institutions 386 16.1
    Others 70 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8949 91.0
    Semi-detached, row or terrace house, townhouse 476 4.8
    Flat, unit or apartment 339 3.4
    Caravan, cabin, houseboat 63 0.6
    House or flat attached to a shop, office 7 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1720 47.6
    Being purchased 1474 40.8
    Rented 393 10.9
    Other tenure type 28 0.8
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals