Dunolly is a small community in Victoria within the Central Goldfields local government area (postcode 3472). With a population of 899, the suburb has an older demographic with a median age of 58. Households earn a median income of $37K per year, with an average household size of 1.9 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Dunolly is $325,000, having declined 3% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $780.
Dunolly is served by 1 school, including 1 primary. The average ICSEA score is 952, which is around the national average of 1,000. Public transport access includes 2 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Central Goldfields LGA is higher than average at 10,450 incidents per 100,000 population.
From an investment perspective, Dunolly offers a gross rental yield of 5.6%, rated as high yield. Property prices sit below the state median ($325K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved -3.0% year-on-year.
Dunolly is a small community in Victoria within the Central Goldfields local government area (postcode 3472). With a population of 899, the suburb has an older demographic with a median age of 58. Households earn a median income of $37K per year, with an average household size of 1.9 people. The most common occupations are labourers, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Dunolly is $325,000, having declined 3% over the past year. The current median weekly rent is $350. This gives a gross rental yield of approximately 5.6%. The median monthly mortgage repayment is $780.
Dunolly is served by 1 school, including 1 primary. The average ICSEA score is 952, which is around the national average of 1,000. Public transport access includes 2 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Central Goldfields LGA is higher than average at 10,450 incidents per 100,000 population.
From an investment perspective, Dunolly offers a gross rental yield of 5.6%, rated as high yield. Property prices sit below the state median ($325K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 8.7x is considered moderate. House prices have moved -3.0% year-on-year.