Donald

POSTAL CODE: VIC, 3480
HOUSE
DONALD ranks 235th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 10.71% for the past year is lower than average compared to its 93.75% growth within a five-year period.

Also in DONALD, the median home price is sitting at $310,000, and the average rent at N/A, this suggests property owners could potentially earn a N/A increase in gross rental yield.

Property investors have seen a -3.13% drop in DONALD based on a decrease in median home prices for the past three months.

They believe that homeowners and real estate investors betting on DONALD, 3480 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 10.71%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.39% growth over a ten-year period. It ranks 1032nd on our list of suburbs that property investors should look into.

Surburb overview

Donald is a regional township in north-western Victoria, approximately 295 kilometres north-west of Melbourne’s CBD and about 55 kilometres north of St Arnaud within the Buloke Shire. Situated on the banks of the Richardson River, the township was established during the nineteenth century and has developed as an important agricultural and service centre for the surrounding grain-growing district. Donald is located on the traditional lands of the Wotjobaluk, Jaadwa, Jadawadjali, Wergaia and Jupagalk peoples.

According to the 2021 Australian Bureau of Statistics Census, Donald had a population of 1,472 people with a median age of 56 years. Detached houses comprise the predominant housing type, with a mix of established family homes, heritage residences and retirement living. The township supports a stable regional community, with agriculture, healthcare, retail and education contributing significantly to the local economy.

Road access is provided via the Sunraysia Highway and Borung Highway, connecting Donald with St Arnaud, Charlton, Horsham, Bendigo and Melbourne. Public transport includes V/Line coach services linking the township with surrounding regional centres, while the nearest V/Line rail services are available from Maryborough and Bendigo for connections to Melbourne. Private vehicles remain the principal mode of transport for residents due to the regional setting.

Donald provides a comprehensive range of essential services, including supermarkets, medical services, pharmacies, primary and secondary schools, cafés, retail businesses, sporting facilities and community services. Additional tertiary education, government services and specialist healthcare are available in Horsham, Bendigo and Ballarat, which serve as major regional centres for north-western Victoria.

The township offers a variety of recreational and cultural opportunities centred on the Richardson River and surrounding natural environment. Residents and visitors have access to parks, walking paths, sporting reserves and riverside recreation areas, while nearby attractions include Lake Buloke, Little Desert National Park and several regional nature reserves. Local markets, agricultural events and community festivals contribute to an active calendar of activities throughout the year, with the surrounding district also offering opportunities for birdwatching, fishing and exploring the region's agricultural heritage.

You’re out of free articles for this month
Loading form...