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Dinner Plain, VIC 3898

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

Data updated

Tight Rental Market

Median House

$830,000

market range $800K-$875K

Median Unit

$735,000

list-price estimate

Gross Yield (houses)

2.8%

1yr Growth

-

Investment snapshot for Dinner Plain

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

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Dinner Plain market and investor summary

Dinner Plain (VIC 3898) runs a median house price of $830K, with houses yielding a gross 2.8%. At 1.5% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.8% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.5% and a resident base that is not shrinking. Apartment stock is taking longer than usual to clear, a sign of softer demand at the unit end of the market.

Living in Dinner Plain: people, income and schools

About 128 people live in Dinner Plain, a number that has held fairly steady over five years. The median age is 37, broadly working-age, and families account for 52% of households.

Households here earn a median of about $117,000 a year, or roughly $2,250 a week. On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to about 7.1 times local household income, in line with much of metropolitan Australia. Incomes have risen about 31% over five years, which tends to underpin what local buyers can pay.

There are 3 schools within about 5km. It is fairly car-dependent; the suburb scores 4 for walkability out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
128
+6% over 5yr
Median age
37 years
Median household income
$117,000/yr
Households renting
13%
Family households
52%
Socio-economic rank
5/10
ABS advantage index
Schools within 5km
3
Unemployment
2.8%
Walk score
4/100

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

Properties in Dinner Plain

No properties currently listed in Dinner Plain

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Frequently asked questions about Dinner Plain

What should I check before investing in Dinner Plain?

Dinner Plain has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.5% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Dinner Plain?

The median property price in Dinner Plain, VIC 3898 is $830K for houses.

What rental yield does Dinner Plain show?

The gross rental yield in Dinner Plain is 2.8% for houses. 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 Dinner Plain?

The current vacancy rate in Dinner Plain is 1.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Dinner Plain?

Dinner Plain has a population of approximately 128 residents, with a median age of 37.

What schools are near Dinner Plain?

There are 3 schools within roughly 5km of Dinner Plain. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Dinner Plain affordable to buy in?

A median house in Dinner Plain costs about 7.1 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 Dinner Plain's population growing?

The population of Dinner Plain has grown modestly, about 6% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

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