Donvale is a well-established suburb in Victoria within the Manningham local government area (postcode 3111). With a population of 12,644, the suburb has a mature demographic with a median age of 45. Households earn a median income of $109K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Donvale is $1.5 million, having grown strongly 5.3% over the past year. Units have a median price of $873,000 (-9.6% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,500.
Donvale is served by 5 schools, including 2 primary, 1 secondary, 1 combined, 1 special. The average ICSEA score is 1098, which is above the national average of 1,000. Public transport access includes 57 bus stops. The crime rate in the Manningham LGA is below average at 3,807 incidents per 100,000 population.
From an investment perspective, Donvale offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($1.5M/$875K), placing it in the premium segment. The price-to-income ratio of 13.9x is considered stretched. House prices have moved +5.3% year-on-year.
Donvale is a well-established suburb in Victoria within the Manningham local government area (postcode 3111). With a population of 12,644, the suburb has a mature demographic with a median age of 45. Households earn a median income of $109K per year, with an average household size of 2.7 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Chinese.
The median house price in Donvale is $1.5 million, having grown strongly 5.3% over the past year. Units have a median price of $873,000 (-9.6% YoY). The current median weekly rent is $600. This gives a gross rental yield of approximately 2.1%. The median monthly mortgage repayment is $2,500.
Donvale is served by 5 schools, including 2 primary, 1 secondary, 1 combined, 1 special. The average ICSEA score is 1098, which is above the national average of 1,000. Public transport access includes 57 bus stops. The crime rate in the Manningham LGA is below average at 3,807 incidents per 100,000 population.
From an investment perspective, Donvale offers a gross rental yield of 2.1%, rated as low yield. Property prices are above the state median ($1.5M/$875K), placing it in the premium segment. The price-to-income ratio of 13.9x is considered stretched. House prices have moved +5.3% year-on-year.