Dingley Village is a well-established suburb in Victoria within the Kingston (Vic.) local government area (postcode 3172). With a population of 10,495, the suburb has a mature demographic with a median age of 45. Households earn a median income of $103K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Dingley Village is $1.1 million, having increased 3.2% over the past year. Units have a median price of $740,000 (-1.3% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,058.
Dingley Village is served by 3 schools, including 3 primary. The average ICSEA score is 1075, which is above the national average of 1,000. Public transport access includes 62 bus stops. The crime rate in the Kingston (Vic.) LGA is moderate at 7,320 incidents per 100,000 population.
From an investment perspective, Dingley Village offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.1M/$875K). The price-to-income ratio of 10.9x is considered stretched. House prices have moved +3.2% year-on-year.
Dingley Village is a well-established suburb in Victoria within the Kingston (Vic.) local government area (postcode 3172). With a population of 10,495, the suburb has a mature demographic with a median age of 45. Households earn a median income of $103K per year, with an average household size of 2.7 people. The most common occupations are professionals, clerical & administrative, managers. The top ancestries reported are English, Australian, Irish.
The median house price in Dingley Village is $1.1 million, having increased 3.2% over the past year. Units have a median price of $740,000 (-1.3% YoY). The current median weekly rent is $560. This gives a gross rental yield of approximately 2.6%. The median monthly mortgage repayment is $2,058.
Dingley Village is served by 3 schools, including 3 primary. The average ICSEA score is 1075, which is above the national average of 1,000. Public transport access includes 62 bus stops. The crime rate in the Kingston (Vic.) LGA is moderate at 7,320 incidents per 100,000 population.
From an investment perspective, Dingley Village offers a gross rental yield of 2.6%, rated as low yield. Property prices are near the state median ($1.1M/$875K). The price-to-income ratio of 10.9x is considered stretched. House prices have moved +3.2% year-on-year.