Suburb Profile Report for Dingley Village VIC (3172)

Dingley Village House: Median price $852,000, Annual capital growth 7.31%, Number of sales 121, Weekly median advertised rent $483

Dingley Village Unit: Median price $642,500, Annual capital growth 7.07%, Number of sales 34, Weekly median advertised rent $418

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

Dingley Village is in the bottom 20% in VIC when comparing median price capital growth over the last year. Dingley Village gave property investors a dismal capital gain figure when compared to the rest of the state, with -3.40%.

The five-year average increase in median property values for Dingley Village,3172 has given property investors a potential capital gain of 54.91% across each of those five years.

The most recent median price for Dingley Village is $852000, with sellers offering an average of -7.18% off the asking price.

Dingley Village, 3172’s gross rental yield is 2.94%

Over the last year, property investments in Dingley Village, 3172 have given investors a capital gain of 18.98%. This compares very favourably with the 4.59% for VIC as a whole.

While Dingley Village,3172 ranked number 46th in VIC for increase in median house value (annualised) increase, it is ranked 39th over the last 5 years.

Our latest figures would indicate that property sellers in Dingley Village are currently offering property investors an average price cut of -1.61% below the asking price at the moment.

Using the current median advertised rental of $417.5 and the average annual increase in value of a median property of 7.07%, investors should hope to achieve an overall return of 3.38%

Metrics i HOUSE UNIT
$852,000 $642,500
-2.07% 4.05%
-3.40% 18.98%
7.31% 7.07%
$483 $418
121 34
2.94% 3.38%
28.5 50.75

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload but we note that our providers routinely update data and we are currently working on a solution to include these retrospective updates.

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
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Recent sales & rentals