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Deanside, VIC 3336

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

Data updated

Median House

$705,000

market range $650K-$775K

Median Unit

$535,000

Gross Yield (units)

4.3%

1yr Growth (houses)

+0.4%

market range -5.0% to +7.5%

Investment snapshot for Deanside

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

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Deanside market and investor summary

Deanside (VIC 3336) runs a median house price of $705K. House prices have moved +0.4% over the past year and +7.8% over three years. At 14.3% vacancy, it is a softer rental market with more choice for tenants.

Demand is softer at 14.3% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 69 days on market, so plan for a slower exit if you ever need one.

Living in Deanside: people, income and schools

Deanside is home to around 654 people, and the area has been growing steadily, up about 175% over five years. The median age is 29, younger than the national median, and 75% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $115,000 a year, or roughly $2,210 a week. At current prices a median house runs to about 6.1 times local household income, in line with much of metropolitan Australia.

There are 21 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 25 km from the CBD. It is fairly car-dependent; the suburb scores 2 for walkability out of 100. Fixed broadband is delivered over the NBN's Fibre to the Premises.

Population
654
+175% over 5yr
Median age
29 years
Median household income
$115,000/yr
Households renting
24%
Family households
82%
Schools within 5km
21
avg ICSEA 1024
Unemployment
5.9%
Distance to CBD
25 km
Walk score
2/100

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

Properties in Deanside

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Frequently asked questions about Deanside

What should I check before investing in Deanside?

Deanside has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.3% gives a usable rent-to-price starting point. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Deanside?

The median property price in Deanside, VIC 3336 is $705K for houses and $535K for units.

What rental yield does Deanside show?

The gross rental yield in Deanside is 4.3% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Deanside?

House prices in Deanside are up 0.4% over the past year and up 7.8% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Deanside?

The current vacancy rate in Deanside is 14.3%. 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 Deanside?

Deanside has a population of approximately 654 residents, with a median age of 29.

What schools are near Deanside?

There are 21 schools within roughly 5km of Deanside. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Deanside affordable to buy in?

A median house in Deanside costs about 6.1 times the median local household income (broadly in line with metropolitan Australia). 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 Deanside's population growing?

The population of Deanside has grown about 175% 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 Deanside from the CBD?

Deanside is about 25 km from the CBD.

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