Deanside is a small community in Victoria within the Melton local government area (postcode 3336). With a population of 654, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $115K per year, with an average household size of 3.1 people. The most common occupations are professionals, clerical & administrative, machinery operators & drivers. The top ancestries reported are Indian, Australian, Filipino.
The median house price in Deanside is $665,000, having increased 3.9% over the past year. Units have a median price of $558,000 (+9.1% YoY). The current median weekly rent is $470. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,211.
Deanside is served by 1 school, including 1 primary. The average ICSEA score is 1044, which is around the national average of 1,000. Public transport access includes 3 bus stops. The crime rate in the Melton LGA is moderate at 7,219 incidents per 100,000 population.
From an investment perspective, Deanside offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($665K/$875K). The price-to-income ratio of 5.8x is considered affordable. House prices have moved +3.9% year-on-year.
Deanside is a small community in Victoria within the Melton local government area (postcode 3336). With a population of 654, the suburb has a young professional demographic with a median age of 29. Households earn a median income of $115K per year, with an average household size of 3.1 people. The most common occupations are professionals, clerical & administrative, machinery operators & drivers. The top ancestries reported are Indian, Australian, Filipino.
The median house price in Deanside is $665,000, having increased 3.9% over the past year. Units have a median price of $558,000 (+9.1% YoY). The current median weekly rent is $470. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $2,211.
Deanside is served by 1 school, including 1 primary. The average ICSEA score is 1044, which is around the national average of 1,000. Public transport access includes 3 bus stops. The crime rate in the Melton LGA is moderate at 7,219 incidents per 100,000 population.
From an investment perspective, Deanside offers a gross rental yield of 3.7%, rated as moderate yield. Property prices are near the state median ($665K/$875K). The price-to-income ratio of 5.8x is considered affordable. House prices have moved +3.9% year-on-year.