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AREA REPORTS

Doncaster

VIC/
Doncaster

Suburb Profile

Doncaster - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3108

house
unit

DONCASTER, 3108 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $1,261,000.

Profits due to an upward trend in home prices in the suburb averaged 4.1% per annum over a 3-year period.

DONCASTER now ranks at the 570th place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in DONCASTER are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $540 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In DONCASTER, homes and units usually stay on listing for an average of 69.9 days.

In 2016, 232 properties were sold in DONCASTER during the past year, making it the 402nd most active market in VIC based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,261,000 $565,000
GROWTH REPORT
Median Quarterly -5.54% -0.35%
Median 12 month -7.89% -2.59%
Median 3 years 12.29% -0.88%
Median 5 years 50.12% -2.59%
10 years average annual 7.8% 2.55%
Weekly media advert. rent $540 $465
Time on Market 69.9 days 101.7 days
Gross Rental Yield Percent 2.23% 4.28%
demographics (median values)
Total Population
17882
Weekly Household Income
1089
Household Size
2.60
demographics
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