Doncaster East (postcode 3109) is a sizeable suburb in Victoria within the Manningham local government area. It is home to about 30,926 residents, with an established demographic and a median age of 41. Households earn a median income of $93K per year, with an average household size of 2.7 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and professional services. The top ancestries reported are Chinese, English, Australian.
Doncaster East has a median house price of $1.4 million, which has fallen sharply by 10.8% year-on-year. Units have a median price of $884,000 (-0.5% YoY). The current median weekly rent is $700. This gives a gross rental yield of approximately 2.5%. The median monthly mortgage repayment is $2,400.
Doncaster East is served by 6 schools, including 5 primary, 1 secondary. The average ICSEA score is 1132, which is well above the national average of 1,000. Public transport access includes 1 rail station, 132 bus stops. Healthcare facilities include 1 private hospital. The crime rate in the Manningham LGA is below average at 3,807 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 2.5% (low yield). Property prices are above the state median ($1.4M/$875K), placing it in the premium segment. The price-to-income ratio of 15.3x is considered stretched. House prices have moved -10.8% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.