Suburb Profile Report for Doncaster East VIC (3109)

Doncaster East House: Median price $1,220,000, Annual capital growth 8.29%, Number of sales 246, Weekly median advertised rent $550

Doncaster East Unit: Median price $623,000, Annual capital growth 3.57%, Number of sales 161, Weekly median advertised rent $460

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

Property investors who have had real estate in Doncaster East, 3109 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -9.63%

Over the longer term, Doncaster East has seen property prices show investors a 13.79% return over the last 3 years. This is worse than over the last 12 months

Vendor discounting in Doncaster East is giving property investors an average Vendor Discount of around -10.33%. This puts suburb at number 59th in VIC when ranking the most discounted suburbs.

At number 2377 in a list of fastest selling suburbs, Doncaster East is just in the bottom half of suburbs in Australia with an average of days on market 76.7 for properties listed there.

Renters in Suburb are facing rents around $28600 per annum or $550 every week.

If you compare the increase in value of investment property in Doncaster East, 3109 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was 0.48%.

Across a shorter period, Doncaster East, 3109 has seen a median price increase of 1.30% over the last quarter.

The most recent median price for Doncaster East is $623000, with sellers offering an average of -7.30% off the asking price.

In the last year 161 properties changed hands in Doncaster East, which puts it as the 29th most active market in VIC when comparing the number of sales per suburb.

Using the current median advertised rental of $460 and the average annual increase in value of a median property of 3.57%, investors should hope to achieve an overall return of 3.84%

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
$1,220,000 $623,000
-6.15% 1.30%
-9.63% 0.48%
8.29% 3.57%
$550 $460
246 161
2.34% 3.84%
76.7 103.33

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Balanced (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
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Recent sales & rentals