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Dollar, VIC 3871
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$235,000
market range $225K-$950K
Median Unit
$495,000
list-price estimate
Gross Yield
-
1yr Growth
-
Investment snapshot for Dollar
Dollar has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Dollar market and investor summary
In Dollar, VIC 3871, the median house sells for around $235K. At 7.2% vacancy, it is a softer rental market with more choice for tenants.
Demand is softer at 7.2% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 107 days on market, so plan for a slower exit if you ever need one.
Living in Dollar: people, income and schools
About 61 people live in Dollar, a number that has held fairly steady over five years. At a median age of 52, it reads as an older, established demographic, and 86% 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 $66,000 a year (about $1,270 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 roughly 3.6 times local household income, leaving more headroom than most capital-city markets. Incomes have risen about 21% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 61
- +2% over 5yr
- Median age
- 52 years
- Median household income
- $66,000/yr
- Households renting
- 14%
- Family households
- 47%
- Socio-economic rank
- 5/10
- ABS advantage index
- Unemployment
- 2.6%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Dollar
No properties currently listed in Dollar
Search Dollar listings →Frequently asked questions about Dollar
What should I check before investing in Dollar?
Dollar 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 Dollar?
The median property price in Dollar, VIC 3871 is $235K for houses.
How tight is the rental market in Dollar?
The current vacancy rate in Dollar is 7.2%. 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 Dollar?
Dollar has a population of approximately 61 residents, with a median age of 52.
Is Dollar affordable to buy in?
A median house in Dollar costs about 3.6 times the median local household income (more affordable than most capital-city markets). 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 Dollar's population growing?
The population of Dollar has grown modestly, about 2% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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