doncaster east

3109, Victoria

Real Estate & Property Information

Median
Price Rank
109

doncaster east Suburb Profile & Review

Like its neighbor, Doncaster, Doncaster East is a safe and hilly suburb situated in the midst of several beautiful parks. The area was first developed in the 1970s and 1980s, and is now being redeveloped with apartment complexes as older residents retire and relocate.

The Mullum Mullum Creek flows through the suburb, while homes overlook reserves and native bushland areas such as Currawong Bush Park. Sports and recreation are incredibly popular due to the abundance of sports grounds, parks and walking tracks along the creek. The Pines Shopping Centre is a large and convenient sub-regional shopping centre containing a Coles supermarket, a Woolworths supermarket, a Target store and 100 other retail stores. The impressive Westfield Doncaster, which features designer clothing stores and an expansive food court, is just four minutes along Doncaster Road.

There are a number of schools, including Doncaster Gardens Primary School and East Doncaster Secondary College. Residents rely on buses as their main form of public transport. There is no train station, so those who commute generally prefer to drive into the city, which is easy to do along EastLink.

doncaster east Demographic Data

$ 710,000 Median House Price

23 Minutes Average Commute

41 Median Age

27,047 Population

51.87 % Female

48.13 % Male

7785 NO OF FAMILIES

1.8 AVG CHILDREN PER FAMILY

0.9 AVG MOTOR VEHICLE PER DWELLING

What this means

The following data, without any explanation, is just that, raw data. So in order to help you research the property market, we have outlined what this demographic and real estate information means and how it can be interpreted to help you make a smarter decision when buying or selling your next house or unit in doncaster east, Victoria.

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doncaster east Demographic Data

The demographic data below has been supplied by the Australian Bureau of Statistics (ABS), which is a government body. It is based on Census data collected every 5 years on the Australian population. Although it is dated 2011, this is the latest data available and should give property investors, property buyers and sellers a very good idea when researching or reviewing their suburb.

It’s important to note when looking at this data that you don’t just use it on its own. Consider this demographic and real estate data as a whole and seek advice from a professional when thinking of buying or selling your next property.

doncaster east Median House Prices

  • 2008 $ 545,000
  • 2009 $ 570,000
  • 2010 $ 627,500
  • 2011 $ 747,500
  • 2012 $ 710,000

What this means

Median values are the most accepted measure of property values in the real estate industry in Australia. The median is the midpoint (the middle) figure when all the sold property prices over a particular period of time are ordered from their lowest to their highest value.

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doncaster east 5 Year Median House Prices

Here we have outlined the median value for all sales for each year over a period of 5 years. This is a more realistic timeframe when gauging how houses and units in doncaster east have performed, and it usually indicates how they will perform in the future.

Median values less than 3 months old are often not always accurate (due to incomplete data) and therefore cannot be relied upon for long-term doncaster east property price predictions.

doncaster east Market Property Types

  • 78 % Seperate House
  • 15 % Semi Detached
  • 7 % Flat or Unit
  • 0 % Other Dwelling

What this means

The property type in your suburb will help you identify the density of the area. The greater the number of flats, units and apartments, the more likely it is the suburb has a higher density of living and occupants are more reliant on public transport, cafes, restaurants, convenience stores and amenities, infrastructure and less reliant on their own vehicle for transport.

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doncaster east Market Property Types

Typically, inner city suburbs within 10km of the CBD are comprised of apartments and semi-detached homes, while middle ring suburbs have semi-detached and detached properties. Rural properties would most likely fall under the “other” category.

This ABS Property Type data combined with Population Density and Family Composition figures gives a good indication of the type of people living in an area and therefore what type of property (1-2 bed apartment or house) would be an ideal investment or property to live in.

doncaster east Income & Mortgage Stats

  • $ 1,356 Median Weekly Household Income
  • $ 2,000 Median Monthly Mortgage

What this means

This is one of the most compelling statistics in this section because it has a profound impact on real estate prices. It should always be considered when buying or selling property in doncaster east

Experts believe mortgage stress occurs in real estate when property owners are spending over 30% of their gross income on their mortgage repayments. These figures show weekly income and monthly mortgages.

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doncaster east Income & Mortgage Stats

To calculate the percentage of income paid towards a mortgage for the suburb of Melbourne, multiply the mortgage payment (e.g. $2450) by 12 then divide this figure by the weekly income (e.g. $1200) multiplied by 52 (weeks) to look like this ($2450 x12/$1200 x 52) x 100 = 47%

Any figure above 30% usually indicates that the suburb you intend to buy in may have property owners with a high incidence of mortgage stress. In terms of maintaining or growing property values in the future and trying to secure a strong property price when selling, this could have an impact, especially in an economic or local industry downturn.

doncaster east Sold Property Prices

doncaster east Real Estate Experts

In each suburb we have identified real estate agents who are active local experts. Our goal is to have a network of real estate agents that have been reviewed by previous clients for future buyers and sellers to rely on when making their next property move or even when they just wanting real estate advice.

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doncaster east Restaurants

  • Yokoyama Japanese83 Renshaw Stdoncaster east VIC 310903 9848 7778
  • Wealth Garden866 Doncaster Road doncaster east VIC 310903 9840 7611
  • Vessel2/21 Andersons Creek Road doncaster east VIC 310903 9841 8688

doncaster east Cafes

  • Beasleys Tearooms195 Warrandyte Roaddoncaster east VIC 310903 9844 1777
  • Home of Delicacies9 Tunstall Squaredoncaster east VIC 310903 9842 1800
  • Chapman's Cafe1003 Doncaster Roaddoncaster east VIC 310903 9841 7688

Find out How Much your House is Worth in doncaster east

Request a free market Basic Report for doncaster east to get a general idea of property prices in your area, or a more specific CMA Report for the property you own.

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