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Suburb Insights ยท VIC 3139

Don Valley 3139, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Don Valley is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 586, making it a boutique locality. Located approximately 56 km from the Melbourne CBD, Don Valley is a middle ring area in Victoria. The median household income is $91,520 AUD per year (ABS 2021 Census).

Investment Score

50 / 100 Moderate

Don Valley benefits from a high-income resident base, supporting premium property pricing. Greater distance from the CBD may temper short-term capital growth.

Location

Map shows Don Valley, Victoria, Australia.

Key Indicators

Postcode
3139

Official Australia Post postcode for Don Valley. A postcode may cover multiple suburbs.

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Population
586

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$270/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$91,520/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
56 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) 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 based on ABS 2021 data.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,800/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
87% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Don Valley's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $270/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,800/month. The median household income of $91,520/year reflects a solid demographic, supporting sustainable rental demand. 87% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

With robust local demand and income levels, Don Valley is a natural candidate for patient investors.

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Rental Yield

Don Valley's rental market is softer โ€” budget for potential vacancy periods.

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Renovation / Flip

The resale market in Don Valley may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Don Valley property

Full Property Analysis

30-year projections for Don Valley

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

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Moderate

Don Valley is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. The rental market in Don Valley should see steady occupancy, with moderate upward pressure on rents. Don Valley offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Don Valley a good suburb for investment?

Don Valley is a middle ring area in Victoria with a population of 586. The median rent is $270/week and the median household income is $91,520/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Don Valley?

Key demand drivers in Don Valley include established amenities and transport access. 87% of dwellings are separate houses. The area has approximately 1 schools and 1 parks nearby.

What is the population of Don Valley?

According to the ABS 2021 Census, Don Valley has a population of approximately 586. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Don Valley from the Melbourne CBD?

Don Valley is approximately 56 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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