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Donvale, VIC 3111

If you’re looking to buy, rent, or invest in property, it’s important to do your research on the suburb first. This includes looking at house prices, real estate rental market data, and other advanced metrics. Here, we’ve compiled that information for Donvale, VIC 3111 located in Melbourne to help you make an informed decision about your property choice in this suburb.





Market Snapshot

This page provides an overview of the area’s real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this suburb. You are able to visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Rent 

2BR

3BR

4BR

5BR

Yield 

2BR

3BR

4BR

5BR

Buy 

1BR

2BR

3BR

Rent 

1BR

2BR

3BR

Yield 

1BR

2BR

3BR

Lower Risk RCS™

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Capital Growth RCS™

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Cashflow RCS™

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Essentials
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Yield chart
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GRC chart
Fundamentals
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IRSAD chart
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Renters to owners pie chart
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unit to houses pie charts
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Demand chart
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Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

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SOM chart
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Inventory chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

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DOM chart
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Inventory chart
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Index chart
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Auction chart

How was this calculated? Typical Price is a continuous metric calculated via a process called data fitting. Median Rent is weekly advertised rent based on rentals over the preceding 12 months. Gross Yield is Median Rent x 52 x 100 / Typical Price. To discover additional information, click the “i” icon in the top left corner of each graph or visit the Data Dictionary page.

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0 thoughts on “Donvale, VIC 3111”

  1. The total adult population (15 years or older) of Donvale 3111 VIC is 10,563, with a median age of 45. Of those, 57.23% are married, 8.44% are divorced or separated, 27.12% are single and 7.29% are widowed.

    The average household size is 2.7 people per dwelling, and the median household monthly income is estimated to be $10,032. The median monthly mortgage repayment for households in this suburb is $2,500 which is 24.92% of their earnings.

    Source: ABS Census Data (2021)

  2. Situated within Victoria, the suburb of Donvale 3111 encompasses around 5297 households. As we move into the third quarter of 2023, the typical price for houses in Donvale 3111 averages around $1,646,950. The median weekly rent value is set at $581, this figure in combination with property prices reveals an indicative yield of about 1.83%.

    Investors will be interested to note the IRSAD score of Donvale which currently stands at 1086 out of 1217, indicating residents within the suburb enjoy reliable access to resources, financial stability, and potential for engaging skilled professionals. The percentage of renters to homeowners remains low at only 15%, which signifies sustainable future returns and limited competition for property investors due to a lower degree of rental saturation.

    Further emphasising the investment potential, the ratio of units to houses is only 17%, presenting minimal conflict for landlords in their search for tenants and supporting an even higher rental yield.

    Investor caution is however advised when considering the affordability index for houses, standing at 64 years, signalling the need for a sizeable investment upon entry into the property market within this suburb.

    Supply indicators for houses are favourable with a stock on market percentage of only 0.14% and an inventory level of just 0.47 months. The building approval ratio at 0.49% also denotes a controlled supply, curbing potential risks associated with an oversupply of houses.

    Reliable demand is evident for houses in Donvale with houses being sold in just 26 days, further supported by a reduced vacancy rate of just 1.47% blending both data for houses and units. The buy search index for houses matching the state average of 5, suggests steady market interest.

    While individual market metrics reveal some areas of caution, Donvale 3111 paints an overall encouraging picture for investors looking for potential capital gains in a market of high demand and controlled supply. Investors are recommended to refer to dashboard for visualising trends and understanding Relative Composite Score (RCS) that simplifies over 80 metrics of property market data for better informed decisions.

    It’s important to note that the above analysis provides a snapshot of current value metrics but doesn’t consider metric trends, which can also significantly influence investment decisions. Moreover, some metrics have greater importance than others based on various factors, a nuance that must be understood for a holistic analysis.

    Join HtAG Analytics to visualise these metrics trends, and gain a deeper understanding of their importance. By becoming part of HtAG Analytics, you will be empowered to make informed decisions, discerning which metrics are more significant in the context of your property investment strategy.

    This content serves to inform and does not constitute investment advice. Property investment involves risks and uncertainties, and professional advice should be sought before making any investment decisions. By leveraging expert guidance, potential investors can ensure a comprehensive understanding of the complex property investment landscape.

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