Doncaster

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.

Average median house prices in VIC have risen as a whole, pulling DONCASTER, 3108 values up and netting property investors a capital gain of 5.37% for the past year.

Investors saw the median home price rise to $1,550,000.

Profits due to an upward trend in home prices in the suburb averaged 1.11% per annum over a 3-year period.

DONCASTER now ranks at the 185th 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 $750 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 81.6 days.

In 2016, 302 properties were sold in DONCASTER during the past year, making it the 342nd most active market in VIC based on total real estate transactions.

DONCASTER ranks 273rd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

DONCASTER, 3108 has a capital gain of 2.39% for the past year, which is higher than average compared to its 7.26% growth within a five-year period.

With the median home price in DONCASTER sitting at $642,500, and the average rent at $622.5, property owners could potentially earn a 5.04% increase in gross rental yield.

Property investors have seen a 3.63% gain in DONCASTER based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that DONCASTER, 3108 obtained a 1.45% growth over a ten-year period. It ranks 1758th on our list of suburbs that property investors should look into.

Surburb overview

Doncaster is a suburb of Manningham, approximately 15 kilometres east of Melbourne's Central Business District. According to the 2021 census, its population was 25,020.

The suburb is renowned for its shopping facilities, notably Westfield Doncaster, one of Melbourne's major shopping centres. It offers a wide range of retail, dining, and entertainment options.

Public transportation in Doncaster primarily consists of bus services, as the suburb lacks direct train or tram lines. The extensive bus network connects residents to Melbourne's CBD and surrounding areas, with dedicated bus lanes on the Eastern Freeway facilitating efficient commuting.

Doncaster offers various educational institutions to cater to the community's educational needs, including Doncaster Primary School and Doncaster Secondary College.

Numerous parks and green spaces, such as Ruffey Lake Park, support recreational activities. The park provides walking trails, picnic areas, and playgrounds, offering residents ample opportunities for outdoor leisure.

Doncaster's modern amenities, educational facilities, and green spaces make it appealing as a residential suburb within Melbourne's eastern corridor.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,550,000	$642,500
Growth Report
Median Quarterly	3.33%	3.63%
Median 12 month	5.37%	2.39%
Median 3 years	3.33%	0%
Median 5 years	21.09%	7.26%
10 years average annual	3.72%	1.45%
Weekly media advert. rent	$750	$623
Time on Market	81.6 days	72.1 days
Gross Rental Yield Percent	2.52%	5.04%

Demographics (Median Values)*

Total Population 20826

Weekly Household Income 1366

Household Size 2.50

Average Age 42

Monthly Loan Repayment 1992

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type