VIC3754· Pop. 50,494Nillumbik

DOREEN

EstablishedSteady performer with reliable demand and moderate capital growth

Investor score

56

Vacancy rate is a modelled estimate. Price, rent and annual growth use real government data (see source labels on each card). This is not financial advice. See full disclaimer.

Median price

$731,300

VIC Gov · 2025

Rent yield

2.8%

computed from govt data

Annual growth

4.5%

annualised from govt data

Vacancy rate

1.8%

modelled estimate

AI insights for DOREEN

Investment analysis, risks & comparisons

PREMIUM

DOREEN shows strong investment fundamentals with above-average rental demand and a tightening supply pipeline. The gentrification index of 67/100 signals continued capital appreciation potential, particularly within 600m of the main retail and transit corridor.

Key risk: elevated auction clearance volatility over the past two quarters suggests shifting buyer sentiment. Net yield after typical holding costs sits at approximately 3.6%, below the state median of 4.1% — factor this into cash-flow modelling.

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Median price sourced from VIC Gov · 2025 — real government transaction data. Growth, demand and vacancy figures remain modelled estimates.

Median rent

$390/wk

DFFH Moving Annual Rent · Sep 2025

Demand change

+2.8%

annual shift

Yield × growth index

3.6

combined signal

Net yield (est.)

2.19%

after mgmt, rates, insurance, maintenance

5-yr growth (CAGR)

+5.1%

est. compound, long-run avg

10-yr growth (CAGR)

+5.8%

est. compound, long-run avg

Rental demand

63 / 100

Strong demand

Supply pipeline

Est.

2.4%

new dwellings approved / stock · Modelled estimate

Moderate supply

5-year price history

2020
$570k
2021
$670k
2022
$680k
2023
$670k
2025
$731k

Source: VIC Gov · 2025 · all sources

Market overview

DOREEN is a metropolitan VIC suburb with steady capital growth momentum and lower rental yield. Strong infrastructure, employment access, and lifestyle amenities support ongoing investment demand.

Highlights

  • Metro VIC suburb with strong infrastructure and transport
  • Rental yield 2.8% with stable tenant demand
  • Consistent annual growth of 4.5%
  • Access to national transport network and amenities

Risk factors

  • Subject to broader interest rate and economic conditions

Community profile

Source: ABS Census 2021 · ATO 2022–23

Median household income

$2,086/wk

$94k taxable p.a.

Renters

24.1%

73.6% owner-occupier

Median age

33.0 yrs

Unemployment

2.4%

Population growth

+4.2% p.a.

Investor-owned

12.0%

of all dwellings (ATO)

Houses

83%

12% apartments

Degree qualified

41.2%

bachelor's or higher (ABS)

Work from home

20.3%

of employed residents (ABS Census)

Median lot size

450 m²

Standard block

Household size

2.3 persons

avg per dwelling (ABS Census)

Short-term rental

5.3%

Some Airbnb activity

Market activity

Distance to CBD

27.8 km

Outer suburbs

Days on market

28 days

Normal turnover

Auction clearance

59.2%

Balanced market

Walkability

13 / 100

Car-dependent

Coastal proximity

25.1 km

Coastal fringe

NBN technology

FTTC

Good — fibre to curb

Population density

1,070/km²

Suburban

Schools in postcode 3754

🏫7 Primary📚4 Combined
ACARA 2025

🏫Primary (7)

St Joseph's School

Catholic · Yrs Prep-6

ICSEA 1094

St Paul the Apostle Catholic Primary School

Catholic · Yrs Prep-6

ICSEA 1080

Doreen Primary School

Government · Yrs Prep-6

ICSEA 1064

Mernda Park Primary School

Government · Yrs Prep-6

ICSEA 1057

Ashley Park Primary School

Government · Yrs Prep-6

ICSEA 1037

Mernda Primary School

Government · Yrs Prep-6

ICSEA 1035

Laurimar Primary School

Government · Yrs Prep-6

ICSEA 1027

📚Combined (4)

Mernda Hills Christian College

Independent · Yrs Prep-12

ICSEA 1119

Plenty Valley Christian College

Independent · Yrs Prep-12

ICSEA 1113

Hazel Glen College

Government · Yrs Prep-12

ICSEA 1023

Mernda Central P-12 College

Government · Yrs Prep-12

ICSEA 1009

ICSEA measures the socio-educational background of each school's student community — not academic results or school quality. National average = 1000. Source: ACARA My School 2025.

Liveability & safety

Safety index

Moderate
67/ 100

7.0 offences / 100 persons

Source: VIC Crime Statistics Agency · Dec 2025

School quality

Above average
1060ICSEA · national avg 1000

11 schools in postcode area

Source: ACARA My School 2025

Transit access

Good
41/ 100
🚆 3 train🚃 21 tram🚌 36 bus

Source: State GTFS feeds

Gentrification signal

32

/ 100

Early signs

Early-stage signals only. Watch for rising rents, new café activity, and building application increases as leading indicators.

Composite: education premium · youth cohort · rental activity · price gap · transit quality

Environmental risk

🌊

Flood risk

low

Source: State GIS flood zone data

🔥

Bushfire risk

none

Source: CFA / RFS / DFES zone data

⛈️

Storm risk

low

Coastal exposure + state climate

Live suburb intelligence

Fetching live data…

Location

Properties in DOREEN

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