Suburb Profile Report for Dingley Village VIC (3172)

Dingley Village House: Median price $742,750, Annual capital growth 7.74%, Number of sales 135, Weekly median advertised rent $455

Dingley Village Unit: Median price $539,000, Annual capital growth 6.58%, Number of sales 34, Weekly median advertised rent $410

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Dingley Village, 3172 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 9.63%.

If we look at median property appreciation over just the last three months, Dingley Village has given property investors a paper return of 2.73%. This puts Suburb as 187 on a list of fastest fasting appreciating suburbs in VIC

At number 391th of VIC’s most discounted properties, Dingley Village is in the TOP 40% of the state/territory when listing in order of most discounted to least.

At number 288th in the list of Australian suburbs ordered by increase in median house value over the last year, Dingley Village, 3172 is in the top 20% with a property value increase of 12.88% recorded in median house prices.

Dingley Village,3172 was ranked 173 in Australia by increase in median property value over the quarter.

Property investors looking for a bargain in Dingley Village should be aiming for at least -6.23% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Dingley Village have been waiting around 72.75 days to sell a property.

Property investors should expect to get $410 weekly from the median priced house in this suburb.

HOUSE UNIT
$742,750 $539,000
2.73% 6.10%
9.63% 12.88%
7.74% 6.58%
$455 $410
135 34
3.19% 3.96%
52.95 72.75

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