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Mount Dandenong, VIC 3767
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$1,075,000
market range $1.0M-$1.1M
Median Unit
$1,025,000
Gross Yield (houses)
3.6%
1yr Growth (houses)
-1.0%
market range -5.0% to +7.5%
Investment snapshot for Mount Dandenong
Mount Dandenong has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Mount Dandenong market and investor summary
Mount Dandenong (VIC 3767) runs a median house price of $1.1M, with houses yielding a gross 3.6%. House prices have moved -1.0% over the past year and +25.6% over three years. At 3.7% vacancy, it is a softer rental market with more choice for tenants.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.6% is neither a standout cashflow play nor a pure growth bet. Demand is softer at 3.7% vacancy, so longer gaps between tenants are more likely and worth building into the numbers. Houses also take time to sell, around 63 days on market, so plan for a slower exit if you ever need one.
Living in Mount Dandenong: people, income and schools
Mount Dandenong has a resident population of roughly 1,271, a count that has slipped about 4% over five years. The median age is 45, skewed a little older, and 91% 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 $107,000 a year, or roughly $2,060 a week. On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 10.1 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 17% over five years, which tends to underpin what local buyers can pay.
There are 14 schools within about 5km, testing a little above the national school average on ICSEA. It is roughly 34 km from the CBD. It is fairly car-dependent; the suburb scores 33 for walkability and 13 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Curb.
- Population
- 1,271
- -4% over 5yr
- Median age
- 45 years
- Median household income
- $107,000/yr
- Households renting
- 9%
- Family households
- 54%
- Socio-economic rank
- 9/10
- ABS advantage index
- Schools within 5km
- 14
- avg ICSEA 1054
- Unemployment
- 2.8%
- Distance to CBD
- 34 km
- Walk score
- 33/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Mount Dandenong
View all →Frequently asked questions about Mount Dandenong
What should I check before investing in Mount Dandenong?
Mount Dandenong has enough public data for first-pass screening across yield, vacancy, price and supply signals. 3-year capital growth of +25.6% shows sustained momentum, not just a single-year spike. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Mount Dandenong?
The median property price in Mount Dandenong, VIC 3767 is $1.1M for houses and $1.0M for units.
What rental yield does Mount Dandenong show?
The gross rental yield in Mount Dandenong is 3.6% for houses. 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 Mount Dandenong?
House prices in Mount Dandenong are down 1.0% over the past year and up 25.6% 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 Mount Dandenong?
The current vacancy rate in Mount Dandenong is 3.7%. 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 Mount Dandenong?
Mount Dandenong has a population of approximately 1,271 residents, with a median age of 45.
What schools are near Mount Dandenong?
There are 14 schools within roughly 5km of Mount Dandenong. 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 Mount Dandenong affordable to buy in?
A median house in Mount Dandenong costs about 10.1 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 Mount Dandenong's population growing?
The population of Mount Dandenong has fallen about 4% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
How far is Mount Dandenong from the CBD?
Mount Dandenong is about 34 km from the CBD.
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