Suburb Profile Report for Dingley Village VIC (3172)

Dingley Village House: Median price $791,500, Annual capital growth 8.17%, Number of sales 117, Weekly median advertised rent $478

Dingley Village Unit: Median price $550,000, Annual capital growth 7.50%, Number of sales 32, Weekly median advertised rent $400

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

Source: CoreLogic

  • House Report
  • Unit Report

Dingley Village has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 14.71% to date .

Taking the average capital gain, or increase in median house value, Dingley Village,3172 has racked up an average of 14.71% over the period. This ranks it number 812th in the whole country for real estate investors looking at median house price increases.

The most recent median price for Dingley Village is $791500, with sellers offering an average of -4.51% off the asking price.

Residents and property investors in Dingley Village have been waiting around 54.92 days to sell a property.

Dingley Village has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.68% to date .

Dingley Village,3172 has offered an average of 11.68% return per annum in house price rises to property investors over the last three years.

LACK OF BUYER INTEREST may well be the reason that Dingley Village is offering property investors an average of -5.13. This rate of discount on properties puts Suburb at number 143th in terms of most discounted suburbs in VIC

Using the current median advertised rental of $400 and the average annual increase in value of a median property of 7.50%, investors should hope to achieve an overall return of 3.78%

Metrics i HOUSE UNIT
$791,500 $550,000
3.70% 0.46%
14.71% 11.68%
8.17% 7.50%
$478 $400
117 32
3.14% 3.78%
54.92 77.53

Source: CoreLogic

DSR Score for property investment : 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