Donnybrook (postcode 3064) is a smaller suburb in Victoria within the Whittlesea local government area. It is home to about 2,100 residents, with a younger, working-age population and a median age of 30. Households earn a median income of $115K per year, with an average household size of 3 people. Recent annual estimates show population movement into the broader catchment, with population growth running at +2.9% 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, community & personal service, technicians & trades. Employment in the area leans toward healthcare and construction. The top ancestries reported are Indian, English, Australian.
Donnybrook has a median house price of $647,000, which has softened modestly by 0.5% year-on-year. The current median weekly rent is $530. This gives a gross rental yield of approximately 4.3%. The median monthly mortgage repayment is $2,100.
Donnybrook is served by 1 school, including 1 primary. The average ICSEA score is 1036, which is around the national average of 1,000. Public transport access includes 8 rail stations, 9 bus stops. The crime rate in the Whittlesea LGA is moderate at 7,048 incidents per 100,000 population.
From an investment perspective, Gross rental yield sits at around 4.3% (moderate yield). Property prices are near the state median ($647K/$875K). The price-to-income ratio of 5.6x is considered affordable. House prices have moved -0.5% year-on-year. Population growth of +2.9% year-on-year points to strong growth demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.