Free full calculator →
Suburb Insights · VIC 3585

Castle Donnington, VIC 3585 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Castle Donnington is a regional centre in Victoria, Australia, with a population of approximately 139, making it a boutique locality. Located approximately 293 km from the Melbourne CBD, Castle Donnington is a regional area in Victoria. The median household income is $80,132 per year.

Investment Score

33 / 100 Weak

Castle Donnington has a solid income profile that supports reliable occupancy rates. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Melbourne
Castle Donnington
Victoria · 3585
293 km from Melbourne CBD
View on Google Maps ↗

Key Indicators

Postcode
3585

Official Australia Post postcode for Castle Donnington. A postcode may cover multiple suburbs.

Australia Post Postcode Finder →
Population
139

Usual resident population at the most recent census.

Median weekly rent
$250/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$80,132/yr

Annual median household income (before tax) across all households.

Distance to CBD
293 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

Find schools near Castle Donnington on My School →
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,564/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
88% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Castle Donnington is a smaller community of 139 — about 2% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Household income of $80,132/year is 16% below the Victoria median of $95,160, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Median rent of $250/week (~$1,083/month) covers only 69% of the median mortgage of $1,564/month — the remaining $481/month must be funded from other income, so this suburb tilts toward capital growth rather than yield. Castle Donnington is 293 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Castle Donnington vs Victoria Median

How Castle Donnington stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Castle Donnington sits above the state median; negative means below.

MetricCastle DonningtonVIC medianΔ vs state
Population1397,416-98%
Median household income$80,132/yr$95,160/yr-16%
Median rent (weekly)$250$380-34%
Median mortgage (monthly)$1,564$1,950-20%
Distance to CBD293 km32 km+816%
Separate houses88%78%+10pp

Investor Checklist

Pre-inspection briefing for Castle Donnington — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 139 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

⚠️
Rental Yield

Moderate rental coverage: rent of $250/week covers 69% of a $1,564/month mortgage, leaving a $481/month gap that an investor bridges with equity, depreciation and tax benefits.

⚠️
Renovation / Flip

With 88% houses in a 139-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Castle Donnington property

Full Property Analysis

30-year projections for Castle Donnington

Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.

Create free account →
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Castle Donnington are modest for 2026 — incomes 16% below the VIC median of $95,160 and a population of 139 suggest gains will lag headline metro markets. Rental coverage runs at ~69% of the typical mortgage ($1,083/month rent vs $1,564/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 33/100 places Castle Donnington in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

Share your experience of Castle Donnington

Lived in Castle Donnington? Help other investors with an honest 100-word review. Sign-in required; all reviews are manually moderated before they appear.

Frequently Asked Questions

Is Castle Donnington a good suburb for investment?

Castle Donnington scores 33/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 139, median household income of $80,132/year and median weekly rent of $250. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Castle Donnington?

The main demand drivers in Castle Donnington are a median household income of $80,132/year, a dwelling mix that is 88% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Castle Donnington?

Castle Donnington has a usual resident population of approximately 139, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Castle Donnington from the Melbourne CBD?

Castle Donnington sits 293 km straight-line from the Melbourne CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Castle Donnington?

The most recent census recorded a median weekly rent of $250 in Castle Donnington, equating to approximately $13,000/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Castle Donnington?

The median monthly mortgage repayment in Castle Donnington is $1,564, or approximately $18,768/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Castle Donnington cash-flow positive for investors?

A median weekly rent of $250 works out to $1,083/month, covering 69% of the median mortgage repayment of $1,564/month. That leaves a $481/month shortfall (around $5,772/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Castle Donnington?

The main risks are a thin buyer pool (139 residents), interest-rate sensitivity on the $1,564 median mortgage, below-median household incomes ($80,132 vs $95,160 state median), the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Castle Donnington profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Victoria Property Resources