Mount Duneed is a mid-sized suburb in Victoria within the Greater Geelong local government area (postcode 3217). With a population of 6,182, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $118K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Mount Duneed is $708,000, having dipped slightly 1.7% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,983.
Mount Duneed is served by 2 schools, including 2 primary. The average ICSEA score is 1052, which is above the national average of 1,000. Public transport access includes 1 rail station, 25 bus stops. The crime rate in the Greater Geelong LGA is higher than average at 8,641 incidents per 100,000 population.
From an investment perspective, Mount Duneed offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($708K/$875K). The price-to-income ratio of 6.0x is considered affordable. House prices have moved -1.7% year-on-year.
Mount Duneed is a mid-sized suburb in Victoria within the Greater Geelong local government area (postcode 3217). With a population of 6,182, the suburb has a mix of young professionals and families with a median age of 32. Households earn a median income of $118K per year, with an average household size of 2.8 people. The most common occupations are professionals, technicians & trades, community & personal service. The top ancestries reported are English, Australian, Irish.
The median house price in Mount Duneed is $708,000, having dipped slightly 1.7% over the past year. The current median weekly rent is $460. This gives a gross rental yield of approximately 3.4%. The median monthly mortgage repayment is $1,983.
Mount Duneed is served by 2 schools, including 2 primary. The average ICSEA score is 1052, which is above the national average of 1,000. Public transport access includes 1 rail station, 25 bus stops. The crime rate in the Greater Geelong LGA is higher than average at 8,641 incidents per 100,000 population.
From an investment perspective, Mount Duneed offers a gross rental yield of 3.4%, rated as moderate yield. Property prices are near the state median ($708K/$875K). The price-to-income ratio of 6.0x is considered affordable. House prices have moved -1.7% year-on-year.