Doreen VIC

Postcode 3754 · Whittlesea LGA

Doreen is a large suburb in Victoria within the Whittlesea local government area (postcode 3754). With a population of 27,122, the suburb has a mix of young professionals and families with a median age of 33. Households earn a median income of $112K per year, with an average household size of 3 people. The most common occupations are professionals, technicians & trades, clerical & administrative. The top ancestries reported are Australian, English, Irish.

The median house price in Doreen is $751,000, having increased 3.2% over the past year. Units have a median price of $525,000 (-2.6% YoY). The current median weekly rent is $495. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $2,000.

Doreen is served by 6 schools, including 4 primary, 2 combined. The average ICSEA score is 1057, which is above the national average of 1,000. Public transport access includes 90 bus stops. The crime rate in the Whittlesea LGA is moderate at 7,048 incidents per 100,000 population.

From an investment perspective, Doreen offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($751K/$875K). The price-to-income ratio of 6.7x is considered moderate. House prices have moved +3.2% year-on-year.

INVESTMENT SIGNALS
Rental Yield3.4% Moderate Yield
Price vs State$751K/$875K Near Median
Affordability6.7x Moderate
Price Momentum+3.2% Stable
INCOME (ATO 2022-23)
Median Income$64,193
Mean Income$73,643
Earners10,465
YoY Change+7%
SEIFA INDEX (ABS)
Advantage8/10
Education7/10
Economic8/10
Disadvantage8/10
MEDIAN HOUSE
$751K
3.2% YoY
MEDIAN UNIT
$525K
-2.6% YoY
MEDIAN RENT /WK
$397
POPULATION
27,122
DEMOGRAPHICS
Median Age33
Household Size3
HH Income /wk$2,151
Personal Income /wk$928
Mortgage /mth$2,000
CRIME (Whittlesea LGA)
Crime Rate (per 100k)7,048
Total Incidents18,378
TRANSPORT
Bus Stops90
SCHOOLS (6)
Avg ICSEA1057
Total Students5,138
Government4
Independent1
Catholic1
Hazel Glen CollegeCombined · Government · ICSEA 1023
Laurimar Primary SchoolPrimary · Government · ICSEA 1027
Plenty Valley Christian CollegeCombined · Independent · ICSEA 1113
Ashley Park Primary SchoolPrimary · Government · ICSEA 1037
St Paul the Apostle Catholic Primary SchoolPrimary · Catholic · ICSEA 1080
Data: 2024