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Dalmore, VIC 3981

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Median House

$1,275,000

Median Unit

$565,000

Gross Yield (houses)

2.9%

1yr Growth

-

Investment snapshot for Dalmore

Dalmore has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Dalmore market and investor summary

In Dalmore, VIC 3981, the median house sells for around $1.3M, on a gross rental yield of 2.9% for houses. At 4.9% vacancy, it is a softer rental market with more choice for tenants.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.9% will not cover holding costs in the early years, so the case leans on price appreciation. Demand is softer at 4.9% vacancy, so longer gaps between tenants are more likely and worth building into the numbers.

Living in Dalmore: people, income and schools

Dalmore is home to around 142 people, and the area has been growing steadily, up about 33% over five years. At a median age of 50, it reads as an older, established demographic, and 79% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $93,000 a year (about $1,790 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to a steep 13.7 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 22% over five years, which tends to underpin what local buyers can pay.

Families have 2 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. Dalmore sits about 58 km from the CBD. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
142
+33% over 5yr
Median age
50 years
Median household income
$93,000/yr
Households renting
16%
Family households
70%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
2
avg ICSEA 994
Unemployment
3.4%
Distance to CBD
58 km

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Dalmore

No properties currently listed in Dalmore

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Frequently asked questions about Dalmore

What should I check before investing in Dalmore?

Dalmore has enough public data for first-pass screening across yield, vacancy, price and supply signals. Use the available metrics below to compare it with nearby suburbs before relying on the suburb-level view.

What are typical property prices in Dalmore?

The median property price in Dalmore, VIC 3981 is $1.3M for houses and $565K for units.

What rental yield does Dalmore show?

The gross rental yield in Dalmore is 2.9% for houses and 3.4% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Dalmore?

The current vacancy rate in Dalmore is 4.9%. A rate under 2% generally signals a tight rental market. This suburb's rental market is softer, with tenants having more choice and rents possibly under pressure.

How many people live in Dalmore?

Dalmore has a population of approximately 142 residents, with a median age of 50.

What schools are near Dalmore?

There are 2 schools within roughly 5km of Dalmore. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Dalmore affordable to buy in?

A median house in Dalmore costs about 13.7 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Dalmore's population growing?

The population of Dalmore has grown about 33% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Dalmore from the CBD?

Dalmore is about 58 km from the CBD.

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