Fraud Blocker

Deanside, VIC 3336

Home » VIC Real Estate Data » Melton City, VIC » Deanside, VIC 3336

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 Deanside, VIC 3336 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™

Upgrade to Professional Plan to see the score

Capital Growth RCS™

Upgrade to Professional Plan to see the score

Cashflow RCS™

Upgrade to Professional Plan to see the score

FREE Investment Property Checklist

Secure your golden ticket to property investment success! Get our meticulously crafted Property Investment Checklist upon subscribing to our newsletter. It’s jam-packed with valuable insights from prime locations to specific building nuances.

Essentials
No Price Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

No Rent Data
Loading…

Upgrade to Personal Plan to see forecasts on the graph above.

Upgrade to Personal Plan to see Yield data.
Yield chart
Upgrade to Professional Plan to see Growth Rate Cycle data.
GRC chart
Fundamentals
Upgrade to Personal Plan to see IRSAD data.
IRSAD chart
Upgrade to Personal Plan to see U|H and R|O data.
Renters to owners pie chart
Upgrade to Personal Plan to see U|H and R|O data.
unit to houses pie charts
Upgrade to Personal Plan to see Demand Profile data.
Demand chart
Upgrade to Professional Plan to see Affordability Index data.
Inventory chart
Supply

Stock on Market

Inventory

Hold Period

Building Approvals

Upgrade to Professional Plan to see Stock On Market trend.
SOM chart
Upgrade to Professional Plan to see Inventory trend.
Inventory chart
Upgrade to Professional Plan to see Building Approvals trend.
Inventory chart
Upgrade to Professional Plan to see Hold Period trend.
Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

Search Index

Upgrade to Professional Plan to see Days On Market trend.
DOM chart
Upgrade to Professional Plan to see Vacancy Rate trend.
Inventory chart
Upgrade to Professional Plan to see Search Index trend.
Index chart
Upgrade to Professional Plan to see Clearance Rate trend.
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.

Have a question? You can either leave a comment below or post it on our forum.

0 thoughts on “Deanside, VIC 3336”

  1. Located in Victoria (VIC), the suburb of Deanside 3336 is a community-centric area with an estimated 4374 households. As of Q3 2023, the typical price for houses in Deanside rests at $686,239, and the median weekly rent is reported to be $425. This pricing structure results in an indicative yield of approximately 3.22%, closely aligning with the expectations of cashflow-focused property investors.

    Deanside boasts a solid socio-economic score of 942 out of 1217, suggesting a respectable standard of living with above-average employment levels and opportunities. The renter to owner ratio stands at 31%, highlighting a balanced property market that is attractive to both buyers and investors without being overly saturated with rental properties.

    In terms of property structure, Deanside displays an absolute preference for houses with no units reported within the boundary, supporting longer tenancy periods and reduced landlord competition. Despite this, the affordability index sits at 33 years – slightly higher than the standard mortgage duration – implicating decreased property affordability.

    Looking at dwellings supply, Deanside presents a stock on market Percentage of 2.92% which is relatively high, suggesting a saturated market. This is further supported by an inventory level of 11.21 months, indicating the market’s sluggish absorption of new listings.

    The area also manifests a strong focus on development with a Building Approval Ratio of 15.21%, potentially signalling an increase in future property supply that may impact market balance. Despite this, houses in Deanside still appear to attract considerable attention with an average of 76 days on the market.

    The combined vacancy rate for houses and units is quite low at 1.33% showing high demand and providing opportunities for high rental returns. Furthermore, the buy search index strikes an impressive 9, highlighting a significant interest from potential buyers in the market.

    While some metrics may defer from the Preferred property investment standards, it’s important to consider these figures as part of a wider market trend. The final decision should always consider multiple metrics, keeping the overall market health in consideration. Using tools like the RCS (Relative Composite Score) developed by HtAG Analytics could be beneficial as it compiles research from over 80 metrics, enabling comprehensive property market understanding.

    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.

Leave a comment